{"id":363830,"date":"2026-03-29T06:31:12","date_gmt":"2026-03-29T06:31:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/363830\/"},"modified":"2026-03-29T06:31:12","modified_gmt":"2026-03-29T06:31:12","slug":"bangladesh-loses-68b-in-illicit-trade-flows-from-2013-to-2022-report","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/363830\/","title":{"rendered":"Bangladesh loses $68b in illicit trade flows from 2013 to 2022: Report"},"content":{"rendered":"<p>      Across developing Asia, trade-related illicit financial flows reached an estimated $1.69 trillion in 2022 alone.     <\/p>\n<p>\n                    TBS Report\n          <\/p>\n<p>\n      29 March, 2026, 09:40 am    <\/p>\n<p>\n      Last modified: 29 March, 2026, 09:54 am    <\/p>\n<p>\n      Representationa Image. Photo: Reuters<\/p>\n<p>&#8220;&gt; <\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"adf-overlay ratio ratio__16x9 lazyload\" data-aspectratio=\"451\/254\" src=\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2026\/03\/trade_data.jpg\" width=\"451\" height=\"254\" alt=\"Representationa Image. Photo: Reuters\" title=\"\"\/><\/p>\n<p>\n          Representationa Image. Photo: Reuters        <\/p>\n<p class=\"rtejustify\">Bangladesh lost an estimated $68.3 billion through trade-related illicit financial flows between 2013 and 2022, according to a report by Global Financial Integrity released on Thursday (26 March).\u00a0<\/p>\n<p class=\"rtejustify\">Trade misinvoicing involves deliberately falsifying the value or quantity of imports and exports to evade taxes, shift profits, or transfer capital abroad, report said.<\/p>\n<p class=\"rtejustify\">The report finds that Bangladesh is among the top 10 countries in developing Asia in terms of total trade value gaps.<\/p>\n<p>        <a style=\"font-weight: bold; color: #2b4949; border-bottom: 1px solid #ccc; font-size: 18px;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMIivlQsw2ZKrAw?ceid=US:en&amp;oc=3\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n          <img decoding=\"async\" src=\"https:\/\/www.tbsnews.net\/sites\/all\/themes\/sloth\/images\/google_news.svg\" alt=\"The Business Standard Google News\" style=\"display: inline-block; margin-right: 15px; margin-bottom: 10px; height: 30px;\"\/><br \/>\n            Keep updated, follow The Business Standard&#8217;s Google news channel<br \/>\n          <\/a><\/p>\n<p class=\"rtejustify\">In Bangladesh&#8217;s case, a significant portion of the illicit flows is linked to trade with advanced economies. The report estimates that around $33 billion of the total gap occurred in transactions with countries such as the United States and those in Europe.<\/p>\n<p class=\"rtejustify\">The findings suggest that Bangladesh&#8217;s exposure is not limited to regional trade but is tied to global supply chains, particularly in export-oriented sectors and import-dependent industries.<\/p>\n<p class=\"rtejustify\">Compared to other South Asian countries, Bangladesh&#8217;s losses are substantial but remain far lower than India&#8217;s, which recorded more than $1.06 trillion in illicit trade flows over the same period.<\/p>\n<p class=\"rtejustify\">Sri Lanka, by contrast, recorded a smaller volume of about $24 billion in trade gaps with advanced economies, though its economic vulnerability amplifies the impact of such leakages.<\/p>\n<p class=\"rtejustify\">Across developing Asia, trade-related illicit financial flows reached an estimated $1.69 trillion in 2022 alone, underscoring the scale of the challenge.<\/p>\n<p class=\"rtejustify\">Major economies such as China, Thailand and India account for the bulk of these flows, though the problem spans countries of all sizes.<\/p>\n<p class=\"rtejustify\">The study said, such practices remain deeply embedded across Asian economies, with no clear sign of decline over the past decade.<\/p>\n<p class=\"rtejustify\">\u00a0<\/p>\n<p class=\"rtejustify\">\u00a0<\/p>\n<p class=\"rtejustify\">\u00a0<\/p>\n<p class=\"rtejustify\">\u00a0<\/p>\n<p class=\"rtejustify\">\u00a0<\/p>\n<p class=\"rtejustify\">\u00a0<\/p>\n<p class=\"rtejustify\">\u00a0<\/p>\n<p class=\"rtejustify\">\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Across developing Asia, trade-related illicit financial flows reached an estimated $1.69 trillion in 2022 alone. TBS Report 29&hellip;\n","protected":false},"author":2,"featured_media":363831,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[114,184,85,46],"class_list":["post-363830","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-il","tag-israel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/363830","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=363830"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/363830\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/363831"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=363830"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=363830"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=363830"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}