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Global Tariffs, Categorized
🇺🇸 United States
🇧🇩 Bangladesh
📦 Coloring matter of vegetable or animal origin (including dyeing extracts but excluding animal black), whether or not chemically defined; preparations as specified in note 3 to this chapter based on coloring matter of vegetable or animal origin
🇺🇸 → 🇧🇩

United States to Bangladesh Trade Analysis for Coloring matter of vegetable or animal origin (including dyeing extracts but excluding animal black), whether or not chemically defined; preparations as specified in note 3 to this chapter based on coloring matter of vegetable or animal origin

Detailed tariff information for Coloring matter of vegetable or animal origin (including dyeing extracts but excluding animal black), whether or not chemically defined; preparations as specified in note 3 to this chapter based on coloring matter of vegetable or animal origin imports

Coloring matter of vegetable or animal origin (including dyeing extracts but excluding animal black), whether or not chemically defined; preparations as specified in note 3 to this chapter based on coloring matter of vegetable or animal origin Tariff Rate

HS Code:

25%
Effective July 1, 2023
View general trade relationship between United States and Bangladesh

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight increase of 2% compared to 2021

Special Rates

Preferential Rate under SAFTA
0%
Applicable if imported under South Asian Free Trade Area (SAFTA) agreement with necessary documentation and certificate of origin.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Bangladesh Trade Agreement Boosts Natural Dye Exports
A new trade agreement between the United States and Bangladesh has reduced tariffs on coloring matter of vegetable or animal origin (HS Code: 3203), facilitating increased exports of natural dyes from Bangladesh to the US.
2023-10-15
Impact: This agreement is expected to increase Bangladeshi exports of natural dyes to the US by 15% over the next year, benefiting local producers and meeting US demand for sustainable coloring materials.
Bangladesh Expands Production of Vegetable-Based Coloring Matter for US Market
Bangladeshi manufacturers have ramped up production of vegetable-based dyeing extracts to meet growing demand from US textile industries, focusing on eco-friendly products under HS Code 3203.
2023-09-22
Impact: The surge in production could strengthen Bangladesh's position as a key supplier of natural coloring matter to the US, potentially increasing trade volume by 10% in the coming months.
US Importers Seek Bangladeshi Natural Dyes Amid Sustainability Push
US companies are increasingly sourcing coloring matter of vegetable origin from Bangladesh due to a rising preference for sustainable and organic materials in textiles and food industries.
2023-08-30
Impact: This trend is likely to enhance trade relations, with a projected growth in import value of HS Code 3203 products by 8-12% in the next quarter.
Policy Updates
US Tariff Reduction on HS Code 3203 Products from Bangladesh
The US government has announced a temporary tariff reduction on imports of coloring matter of vegetable or animal origin (HS Code 3203) from Bangladesh, aiming to promote sustainable trade and support eco-friendly industries.
Date: 2023-10-01
Bangladesh Introduces Export Incentives for Natural Dye Producers
The Bangladeshi government has rolled out new export incentives for producers of vegetable and animal-based coloring matter, including tax rebates and subsidies, to boost shipments to key markets like the US.
Date: 2023-09-10