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Economic conditions in Bangladesh have created significant opportunities for U.S. agricultural exports, particularly consumer-oriented commodities including tree nuts, condiments and sauces, fruit juice and non-alcoholic beverages, snacks, and baking ingredients.
South Asia, which includes Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka, accounts for 24 percent of the world’s population, with 1.84 billion people in 2019.
Pakistan has increased its effective import tariff on imports of milk powder and whey powder from 20 to 45 percent with the imposition of a 25 percent “regulatory duty.”
This report contains information concerning Customs reference prices, known locally as “valuations” that the Government of Pakistan has established for a number of sauces and condiments.