Country’s exports to key destinations like Germany, the UK and France posted a modest growth in the first 10 months (July-April) of the current fiscal year (2013-14) compared to the same period in the last fiscal (2012-13). During the July-April of fiscal 2013-14, exports to Germany totalled $ 3,912.84 million, which was 15.87 percent of total export earnings for the 10-month period, reports UNB. Of the amount, knitwear accounted for $ 2133.45 million, woven garments $ 1504.93 million and frozen shrimp $ 58.41 million...

Bangladesh's trade deficit narrowed slightly in the first 10 months of the current fiscal year 2013-14 ending in June on the back of an increase in exports, said a central bank official Wednesday. The country's trade deficit in the first 10 months of the current fiscal year 2013-14 (July 2013-June 2014) slid by 0.46 percent to 5.89 billion US dollars compared to a year earlier, said the Bangladesh Bank (BB) official, reports Xinhua. The official, who preferred to be unnamed, told Xinhua that Bangladesh import payment recorded 2...

Bangladesh’s imports surged 14.24 percent to over 30 billion U.S. dollars in the first 10 months of the current 2013-14 fiscal year ending this month, a central bank official said recently. The Bangladesh Bank (BB) official said the settlement of letters of credit (LCs), generally known as actual imports, stood at 30,593.74 million U.S. dollars in July-April compared to 26,780. 77 million in the same period a year earlier. Import orders, officially known as fresh opening of import LCs, also increased by 11.65 percent in the first 10 months of the current fiscal year (July 2013-June 2014), he said quoting provisional BB data.