My God! I checked your trade and CAD data yesterday. As far as I remember reading, you have never had an over 18 billion USD trade deficit in the past. What is the cause of this big leap in deficit expansion? Is it due to covid related supply disruption? Exports are being hit? The deficit is expanding due to import growth or export contraction? I also came to know that, unlike Pakistan, your remittance inflows are dwindling this year. I suspect ours would start plateauing since the construction-related amnesty package has run its course. Lots of black money was being funneled as remittance for investment in the construction sector here to whiten it. I consider BD a second home. I am deeply interested in the trajectory your nation takes.This will answer your questions hopefully, they are projecting it to exceed 26 Billion next year.
Bangladesh's overall trade deficit may cross US$26 billion by this fiscal yearend as trading sector faces unprecedented headwind while a healthy balance-of-payments position continues for lesser import spending. A latest central-bank projection portrays such a macroeconomic scenario, saying that...www.thefinancialexpress.com.bd
Also see this, (I am no economist however, @Destranator bhai can you comment please?)
Bangladesh recorded a Current Account deficit of 2310 USD Million in the third quarter of 2021. Current Account in Bangladesh averaged -144.95 USD Million from 2005 until 2021, reaching an all time high of 3480 USD Million in the third quarter of 2020 and a record low of -3977 USD Million in the...tradingeconomics.com