Bangladesh's trade deficit in FY23 narrowed amid a raft of measures, including import controls.
The country's trade deficit has decreased to $17,155 million (around 48 per cent), down from $33,250 million in FY22, due to the tightening of imports, according to data from the Bangladesh Bank.
The country's imports went down by 15.76 per cent to $69.49 billion in the last fiscal year ending on June 30, while exports rose by 6.28 per cent to $52.34 billion, helping the country reduce its trade gap.
