Bangladesh will purchase $3.5 billion of US agricultural products and $15 billion of energy products over 15 years, as part of a broader reciprocal trade agreement with Washington signed recently.
This procurement value will increase if the planned purchase of 14 Boeing jets by state-run Biman is taken into account.
The interim government said it is going to sign a deal with Boeing to purchase 14 planes valued at around Tk 30,000–35,000 crore ($2.46–2.87 billion).
“Bangladesh commits to provide significant preferential market access for US industrial and agricultural goods, including: chemicals; medical devices; machinery and motor vehicles and parts; information and communication technology (ICT) equipment; energy products; soy products; dairy products; beef; poultry; and tree nuts and fruit,” said a joint statement issued by the White House.
The US will cut reciprocal tariffs on Bangladeshi goods to 19 percent from the existing 20 percent, with some products eligible for a zero tariff rate.
A mechanism will also be introduced to allow a specified volume of Bangladeshi textiles and apparel to enter the US duty-free, linked to the export of American cotton and man-made fibre inputs, it said.
The agreement was signed after negotiations spanned more than nine months since April 2025, following the initial imposition of a 37 percent tariff by the US on Bangladesh’s exports to its markets.
