The country’s annual merchandise export to China has dropped for the first time in eight years.
It was quite sharp at around 27 per cent, according to the latest statistics released by the Export Promotion Bureau (EPB).
The data showed that export to China stood at $694.96 million in FY18, dropping from $949.41 million in FY17.
Export of Bangladeshi products to China had last declined in FY09 when it fell to $97.06 million from $106.95 million in FY08.