Country’s bilateral merchandise trade gap with the rest of the world crossed $10 billion mark in the first eight months of the current fiscal year (FY19), according to the latest statistics of the central bank.
The merchandise trade deficit stood at $10.70 billion in July-February period of the current fiscal year. The amount is, however, 8.40 per cent lower than the trade gap recorded in the same period of FY18.
Bangladesh Bank statistics, revealed on Tuesday, also showed that gap in service trade remained almost static at $2.37 billion in the first eight months of the current fiscal year, which was $2.34 billion in the same period of FY18.