In the last fiscal year, Bangladesh's overall export earnings from the UK saw an 11.76 per cent growth. In fiscal 2016-17, export growth to the UK was 12.63 per cent. In the July-December period of the current fiscal year, Bangladesh apparel exports to the UK were up by 1.30 per cent from the previous year. In the same period last year, the growth was 20.70 per cent.

Tensions over Brexit have slowed down Bangladesh's export growth to the UK. Earnings from the European country during the first half of the current fiscal year posted only a 3.16 per cent increase. The UK is the third largest market for Bangladeshi goods. Since there was a slowdown in the UK economy due to the Brexit deal, importers went slow to import goods to observe the trade policy in the aftermath of the EU divorce.

Over the prevailing uncertainty of Brexit, UK importers went slow, affecting the import of goods from Bangladesh. Considering the trade policy after Brexit, importers in the UK did not place additional work orders. On the other hand, economic slowdown in that country, caused by slower job growth and GDP growth, has cut the demand for goods. However, the UK has committed to providing duty and quota-free market access, even after Brexit is completed.