Group Assignment on

“BoP & BoT Data analysis of Bangladesh”

Submitted to
MD. Nazmus Sakib
Lecturer
Department of Management
University of Dhaka

Submitted by
Group – 8
Merit Name Merit Name

523 Md Imran Hasan Bhuiyan 583 Nafisa Anjum

566 Afifa rahman minfa 987 Syeda Shaima afroz

536 Lavlu 251 Md.Monirul Islam Shojib

4052 Nachikata Das 1179 A.K.M Shamiur Rahman

550 Md. Shakir Babu

Balance of Trade:-
The difference between the value of a country's exports and the value of its imports during a
specific time is called the country's Balance of Trade. A country that exports more than it
imports is said to have a favorable balance of trade, which is called a trade surplus. A
country that imports more than it exports is said to have an unfavorable balance of trade, or a
trade deficit. When imports exceed exports, more money from trade flows out of the country
than flows into it.

Bangladesh’s import in 2017 was 50.47 billion dollars and on the other hand export was
37.66 billion dollars. The Balance of Trade in that year was -12.81 Billion dollars, which
indicates trade deficit. From 2017 onwards every year Bangladesh experienced Trade deficit
as the country’s import were always more than exports. Here’s a chart that shows
Bangladesh’s 5 years of imports and exports of goods and services & Balance of trade –

Year Import Export Balance of Trade

trade surplus/
(USD) (USD)
deficit
2017 50.47 Bil 37.66 Bil -12.81 Bil Trade Deficit
2018 63.76 Bil 40.73 Bil -23.03 Bil Trade Deficit
2019 64.92 Bil 45.99 Bil -18.93 Bil Trade Deficit
2020 59.18 Bil 39.05 Bil -20.13 Bil Trade Deficit
2021 71.02 Bil 44.39 Bil -26.63 Bil Trade Deficit

The above data in this chart about Bangladesh’s import and export is taken from World Bank
national accounts data, and OECD National Accounts data files. After analysing the data
balance of trade is self calculated.
The state of Trade surplus is good for a country’s economy on the other hand, the state of
trade deficit leaves a bad impact on economy as always debts remain unpaid.
Balance of Payment: The balance of payments records a country’s transactions with the
rest of the world. Balance of payments accounts are divided into two groups: the current
account, which records transactions in goods, services, primary income, and secondary
income, and the capital and financial account, which records capital transfers, acquisition
or disposal of non-produced, nonfinancial assets, and transactions in financial assets and
liabilities.
Current account: The current account is used to mark the inflow and outflow of goods and
services into a country. Earnings on investments, both public and private, are also put into the
current account.
Within the current account are credits and debits on the trade of merchandise, which includes
goods such as raw materials and manufactured goods that are bought, sold, or given away
(possibly in the form of aid). Services refer to receipts from tourism, transportation,
engineering, business service fees (from lawyers or management consulting, for example),
and royalties from patents and copyrights.
Here is a chart showing Bangladesh’s 5 years data of the current account-

Year Current account balance Position

(USD)
2017 -5.98 Bil Unfavorable
2018 -7.1 Bil Unfavorable
2019 -2.95 Bil Unfavorable
2020 1.19 Bil Favorable
2021 -15.56 Bil Unfavorable

The above data in this chart about Bangladesh’s Current account balance is collected from
The world Bank’s website, International Monetary Fund, Balance of Payments Statistics
Yearbook and data files.
In here most of the year the value of inflow was less than the value of outflow for
Bangladesh. Thus, it was in an “Unfavorable” position. But in year 2020, it can be seen that
the Current Account balance was positive or in a “Favorable” position. Which indicates that
the inflow of cash exceeded the value of outflow.

Capital Account: Net capital account records acquisitions and disposals of nonproduced
nonfinancial assets, such as land sold to embassies and sales of leases and licenses, as well as
capital transfers, including government debt forgiveness.

Here is a chart showing Bangladesh’s 5 years data of the Capital Account-

 Year Capital account balance Position
(USD)
2017 292.96 Mil Favorable
2018 264.16 Mil Favorable
2019 227.99 Mil Favorable
2020 213.46 Mil Favorable
2021 272.87 Mil Favorable

The above data in this chart about Bangladesh’s Current account balance is collected from
The world Bank’s website, International Monetary Fund, Balance of Payments Statistics
Yearbook and data files.
In recent 5 of the years the position of Capital Account of Bangladesh was favorable.

Financial Account: The net financial account shows net acquisition and disposal of financial
assets and liabilities. How much a country has loaned from other country and how much debt
they have cleared is calculated.
Here is a chart showing Bangladesh’s 5 years data of the financial account-

Year Financial account balance Position

(USD)
2017 -6.19 Bil Unfavorable
2018 -7.6 Bil Unfavorable
2019 -4.71 Bil Unfavorable
2020 544.54 Mil Favorable
2021 -14.48 Bil Unfavorable

The above data in this chart about Bangladesh’s Current account balance is collected from
The world Bank’s website, International Monetary Fund, Balance of Payments Statistics
Yearbook and data files.