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Highest tariff by Bangladesh to the US market

As per Pew Research Center study, Bangladesh, Cambodia, Sri Lanka, Pakistan, Vietnam, and other such nations pay highest import duties in the US market, due to their substantial trade in clothing and footwear. Amongst them Bangladesh paid the highest tariff of 15.2 per cent of the value of its shipments. In 2017, Bangladesh’s exports to the US totaled $5.7 billion; 95 per cent of these included clothes, shoes, headgear, and related items. 

As the US is Bangladesh’s single largest export destination, about 20 per cent of country’s export receipts come from the US. ITC database shows, the reason for such high tariffs is protectionism. The average American tariff for knitwear or crocheted clothing is 18.7 per cent and 15.8 per cent for non-knitted clothing, the two highest average rates out of 98 broad import categories. Footwear is close behind with the average tariff rate of 11.9 per cent.

 

 
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