Increased Demand for Electrothermic Pressure Cookers from Bangladesh in the US
Recent market trends show a rising demand for electrothermic pressure cookers (5L capacity, 1200-1400W) from Bangladesh in the US, driven by competitive pricing and quality improvements by Bangladeshi manufacturers.
2023-10-15
Impact: This surge in demand could boost export volumes from Bangladesh to the US, potentially increasing bilateral trade in this specific HS category (8516.79.00).
US Importers Seek New Suppliers for Pressure Cookers Amid Supply Chain Concerns
US importers are diversifying their supply base for electrothermic pressure cookers, with Bangladesh emerging as a key partner due to its growing manufacturing capabilities in this product segment.
2023-09-22
Impact: This shift may lead to stronger trade ties and increased orders for Bangladeshi exporters under HS code 8516.79.00, provided quality and delivery standards are met.
Bangladesh Exports of Domestic Appliances to US See Steady Growth
A report by the Bangladesh Export Promotion Bureau highlights a 12% year-on-year increase in exports of domestic appliances, including electrothermic pressure cookers, to the US market.
2023-08-10
Impact: The growth in exports under HS code 8516.79.00 signals a positive trend for Bangladesh-US trade, potentially encouraging further investment in this sector.
