According to the Export Promotion Bureau (EPB), Bangladesh earned $2.04 billion from exports to the UK during July-December of the 2018-19 fiscal year. In FY 2016-17, export growth to the UK was 12.63%, reaching $3.72 billion. Over the prevailing uncertainty of Brexit, UK importers went slow, affecting the import of goods from Bangladesh. Slower growth in GDP and rise in unemployment has cut demands of consumer goods, which Bangladesh exports to UK mostly, said Moazzem. Bangladesh enjoys duty-free market access for all products to UK under the Generalized System of Preferences (GSP) under EU trade agreements.

Source: Dhaka Tribune January 27, 2019 16:30 UTC