US-Bangladesh Trade Agreement on Engine Parts Strengthens
A new bilateral trade agreement between the United States and Bangladesh includes provisions to facilitate the export of dosing module injectors for compression-ignition engines, falling under HS subheading 8481.80.90. This aims to meet growing demand in the US for after-combustion treatment systems.
2023-10-15
Impact: This agreement is expected to increase exports of dosing module injectors from Bangladesh to the US, potentially boosting trade volume by 15% in the next year for this specific category.
Bangladesh Exporters Face Quality Compliance for US Market
US authorities have raised concerns over the compliance of dosing module injectors (HS 8481.80.90) imported from Bangladesh with EPA emission standards, leading to temporary holds on shipments at US ports.
2023-09-22
Impact: Delays in shipments could reduce trade flow temporarily, with an estimated 10% drop in imports until compliance issues are resolved, affecting Bangladeshi exporters.
US Importers Seek Alternative Suppliers for Dosing Injectors
Due to supply chain disruptions, US importers of dosing module injectors for compression-ignition engines are exploring alternative suppliers beyond Bangladesh, despite the competitive pricing offered by Bangladeshi manufacturers.
2023-08-30
Impact: This shift may lead to a potential 5-8% decrease in trade volume between the US and Bangladesh for this product category if alternative suppliers are secured.
