A remarkable export performance
At the onset of the global recession last year, exports were considered to be a major channel through which Bangladesh would have been affected. After the recession hit its most virulent phase after the Lehman collapse, within weeks the world trade collapsed. Exports from Asia shrunk heavily. But surprisingly, Bangladeshi export fell by much less. Then it started recovering much earlier than other comparable countries. A year after Lehman, while most Asian exports were still 15-20% lower, our exports were 5% higher.
