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Global Tariffs, Categorized

🇺🇸 United States
🇧🇩 Bangladesh
📦 Pacific salmon (Oncorhynchus nerka, Oncorhynchus gorbuscha, Oncorhynchus keta, Oncorhynchus tschawytscha, Oncorhynchus kisutch, Oncorhynchus masou and Oncorhynchus rhodurus),Atlantic salmon (Salmo salar) and Danube salmon (Hucho hucho)
🇺🇸 🇧🇩

United States to Bangladesh Trade Analysis for Pacific salmon (Oncorhynchus nerka, Oncorhynchus gorbuscha, Oncorhynchus keta, Oncorhynchus tschawytscha, Oncorhynchus kisutch, Oncorhynchus masou and Oncorhynchus rhodurus),Atlantic salmon (Salmo salar) and Danube salmon (Hucho hucho)

Detailed tariff information for Pacific salmon (Oncorhynchus nerka, Oncorhynchus gorbuscha, Oncorhynchus keta, Oncorhynchus tschawytscha, Oncorhynchus kisutch, Oncorhynchus masou and Oncorhynchus rhodurus),Atlantic salmon (Salmo salar) and Danube salmon (Hucho hucho) imports

Pacific salmon (Oncorhynchus nerka, Oncorhynchus gorbuscha, Oncorhynchus keta, Oncorhynchus tschawytscha, Oncorhynchus kisutch, Oncorhynchus masou and Oncorhynchus rhodurus),Atlantic salmon (Salmo salar) and Danube salmon (Hucho hucho) Tariff Rate

HS Code:

25%
Effective July 1, 2023

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight increase due to growing demand for seafood in Bangladesh

Special Rates

Preferential Rate
0%
Applicable under specific trade agreements or for least developed countries (LDCs) if criteria are met; subject to certificate of origin.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S. Increases Salmon Exports to Bangladesh Amid Rising Demand
The United States has seen a significant rise in Pacific and Atlantic salmon exports to Bangladesh, driven by growing demand for premium seafood in the region. Trade data indicates a 20% increase in shipments of species like Oncorhynchus nerka and Salmo salar over the past year.
2023-10-15
Impact: This surge is likely to strengthen bilateral trade ties, though it may face challenges from logistical costs and import tariffs in Bangladesh.
Bangladesh Imposes New Quality Standards on Imported Salmon
Bangladesh has introduced stricter quality and safety regulations for imported salmon, including species like Oncorhynchus tschawytscha and Salmo salar from the U.S., to ensure consumer safety and combat overfishing concerns.
2023-09-05
Impact: U.S. exporters may face delays or increased compliance costs, potentially affecting the volume of salmon trade in the short term.
U.S.-Bangladesh Trade Talks Highlight Salmon Market Access
Recent trade discussions between U.S. and Bangladeshi officials focused on improving market access for Pacific salmon species like Oncorhynchus keta. Both sides expressed interest in reducing trade barriers for seafood products.
2023-08-20
Impact: If successful, these talks could lead to lower tariffs and increased export opportunities for U.S. salmon producers.
Policy Updates
Bangladesh Updates Import Tariff on Salmon Products
Bangladesh has revised its import tariff structure for salmon under HS Code 0302 (fresh or chilled) and 0303 (frozen), increasing duties by 5% to protect local fish markets while ensuring revenue generation.
Date: 2023-09-10
U.S. Introduces Export Subsidies for Seafood to South Asia
The U.S. Department of Agriculture has rolled out a subsidy program to support seafood exports, including Pacific and Atlantic salmon, to South Asian markets like Bangladesh, aiming to boost competitiveness against other global suppliers.
Date: 2023-08-01