| Factor | 🇮🇳 India | 🇧🇩 Bangladesh |
|---|---|---|
| Trade Rank | #9 | #24 |
| Annual US Imports | $87B | $9B |
| Trade Agreement | GSP (suspended) | None |
| Avg Duty Rate | 5.2% average MFN (GSP suspended) | 15.8% average MFN (apparel-dominated) |
| Section 301 | ✓ None | ✓ None |
| Section 232 (Steel/Alum) | 25% steel, 10% aluminum Sectio | ✓ None/Exempt |
| Compliance Complexity | ● Medium Complexity | ● Medium Complexity |
Trade Agreement: GSP suspended since 2019
MFN Status: MFN (GSP suspended)
GSP suspension increased costs ~$300M/year. Pharmaceutical misclassification risk high. Jewelry antidumping orders active.
Full India Profile →Trade Agreement: No FTA (GSP not renewed)
MFN Status: MFN (GSP suspended since 2013)
Very high apparel/textile tariffs (16.5%–32%) without GSP. Supply chain transparency required post-Rana Plaza. UFLPA not applicable but labor scrutiny high.
Full Bangladesh Profile →The right sourcing decision depends on your product category, shipment volume, and tolerance for compliance complexity. Here's what you need to know:
India benefits from the GSP (suspended) trade agreement, potentially eliminating duties entirely on qualifying goods. Bangladesh has no comparable FTA benefit, meaning full MFN rates apply.
General tariff comparisons are useful, but the real answer depends on your specific product, shipment size, freight costs, and current exchange rates. Use our landed cost calculator to compare both origins with actual numbers.
Enter your product details to see a full duty + freight + fees breakdown for India vs Bangladesh side-by-side.
Tariff comparisons sourced from USITC HTS Schedule and USTR Section 301 lists as of 2026-04-05. Country of origin rules, Section 301 product lists, and trade agreement applicability change frequently. Verify all rates before making sourcing decisions. AI-assisted analysis — not legal or customs advice.