Bangladesh trade deficit hit USD7 b
(MENAFN) Trade deficit in Bangladesh fell to USD7.01 billion last fiscal year which ended June 30 registering a 25 percent drop, Xinhua reported.
The country"s exports soared 10.74 percent hitting USD26.56 billion. Meanwhile, imports increased by about 0.8 percent up to USD33.57 billion.
The trade deficit in the South Asian country was USD9.32 billion in the 2011-2012 fiscal year and increased at a rate of 5 percent compared to the fiscal year before it.
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