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According to country-wise export data of the Export Promotion Bureau (EPB), Bangladesh exported goods worth US$335.2 million to India during July-August of the current fiscal year, compared with $311.3 million during the same period of the previous fiscal year.
Thus, Bangladesh’s exports to India increased by $23.9 million year-on-year.
The rise in exports to the Indian market is in line with the overall growth in Bangladesh’s export earnings. The country’s total merchandise exports reached around $9.16 billion in the first two months of the current fiscal year, compared with $8.69 billion during the same period of the previous fiscal year.
India is one of the important regional markets for Bangladesh. As a result, the rising export trend to the country is creating new opportunities for expanding bilateral trade, said concerned people.
According to EPB data, Bangladesh’s exports to India increased by 15.37 percent in July alone.
