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🇺🇸 United States
🇧🇩 Bangladesh
📦 Fans of a kind used solely or principally for cooling microprocessors, telecommunications apparatus, automatic data processing machines or units of automatic data processing machines
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United States to Bangladesh Trade Analysis for Fans of a kind used solely or principally for cooling microprocessors, telecommunications apparatus, automatic data processing machines or units of automatic data processing machines

Detailed tariff information for Fans of a kind used solely or principally for cooling microprocessors, telecommunications apparatus, automatic data processing machines or units of automatic data processing machines imports

Fans of a kind used solely or principally for cooling microprocessors, telecommunications apparatus, automatic data processing machines or units of automatic data processing machines 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
Increasing by 5% annually due to growing IT infrastructure in Bangladesh

Special Rates

Preferential Rate under SAFTA
0%
Applicable if imported under South Asian Free Trade Area (SAFTA) agreement with valid certificate of origin from the United States, though typically SAFTA benefits apply to South Asian countries.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S. Increases Import of Cooling Fans from Bangladesh for Tech Sector
Recent trade data shows a 20% rise in imports of cooling fans (HS Code: 8414.59) from Bangladesh to the U.S., driven by demand for components in microprocessors and data processing machines.
2023-10-15
Impact: This surge strengthens trade ties between the U.S. and Bangladesh, potentially benefiting Bangladeshi manufacturers with increased export revenue.
Bangladesh Expands Manufacturing Capacity for Tech Cooling Fans
Bangladesh has seen new investments in manufacturing units producing cooling fans for tech applications, targeting the U.S. market as a key destination.
2023-09-22
Impact: Increased production capacity may lead to higher export volumes to the U.S., enhancing Bangladesh's position as a supplier in the tech hardware supply chain.
U.S. Tech Firms Explore Sourcing Cooling Fans from Bangladesh
Several U.S. technology companies are in talks with Bangladeshi suppliers to diversify their supply chain for cooling fans used in telecommunications and data processing equipment.
2023-08-30
Impact: This could lead to long-term contracts, boosting bilateral trade and reducing U.S. reliance on traditional suppliers like China.
Policy Updates
U.S. Tariff Review on Cooling Fan Imports
The U.S. Trade Representative announced a review of tariffs on specific electronic components, including cooling fans under HS Code 8414.59, which may affect imports from Bangladesh. No immediate changes have been implemented.
Date: 2023-10-05
Bangladesh Offers Export Incentives for Tech Components
The Bangladeshi government introduced a 10% cash incentive for exporters of tech-related components, including cooling fans, to encourage trade with markets like the U.S.
Date: 2023-09-10