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At a Glance: Vietnam vs Bangladesh

Factor 🇻🇳 Vietnam 🇧🇩 Bangladesh
Trade Rank #7 #24
Annual US Imports $137B $9B
Trade Agreement None None
Avg Duty Rate 12.7% average (apparel/footwear heavy) 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
🇻🇳 Vietnam

Trade Agreement: No FTA (IPEF — not in force)

MFN Status: MFN/WTO Member

✓ No Section 301 Duties
  • Electronics
  • Footwear
  • Apparel
  • Furniture
  • Machinery
  • Plastics

Anti-circumvention investigations ongoing. Vietnam-origin goods must demonstrate substantial transformation, not merely assembly from Chinese inputs.

Full Vietnam Profile →
🇧🇩 Bangladesh

Trade Agreement: No FTA (GSP not renewed)

MFN Status: MFN (GSP suspended since 2013)

✓ No Section 301 Duties
  • Apparel
  • Knitwear
  • Footwear
  • Leather Goods
  • Textiles

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 →

Which Is Better for US Imports: Vietnam or Bangladesh?

The right sourcing decision depends on your product category, shipment volume, and tolerance for compliance complexity. Here's what you need to know:

Run the Numbers for Your Specific Product

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.

Precise Comparison

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Other Relevant Country Comparisons

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.