Riyad Mahmud, Managing Director of Npoly Group, notified Prothom Alo, “After the reciprocal tariffs were finalised, American acquireers restarted discussions on orders. Until last month they were delivering only about 20 per cent of the committed orders, but now they’re delivering 100 per cent.
As a result, orders for November and December are launchning to grow. Most of our exports are still to the EU, but if US orders expand, we’ll shift some production there. That will support us increase total exports.”
According to the US Department of Commerce’s Office of Textiles and Apparel (OTEXA), the United States imported USD 25 billion worth of footwear last year, of which USD 12 billion were non-leather shoes.
The top seven exporters of non-leather footwear to the US are China, Vietnam, Indonesia, Cambodia, India, Thailand, and Bangladesh. China alone supplied half of the US imports in this category (USD 6 billion), followed by Vietnam with USD 5 billion.
On 31 July, US President Donald Trump revised reciprocal tariffs, reducing the duty on Bangladeshi products to 20 per cent, equal to Vietnam’s. In contrast, Chinese goods now face a 30 per cent tariff.
