US buyers may turn to Bangladesh for shrimp sourcing

Bangladesh shrimp exporters are expecting to reap the benefits after the United States, the second largest importer of Bangladeshi shrimps, imposed additional duties on imports from five of its competitors, including India and Vietnam.

“Our exports to the US will rise significantly, both in terms of volume and price, due to the move,” Md Amin Ullah, president of Bangladesh Frozen Food Exporters Association, told The Daily Star.

Earlier this month the US Commerce Department imposed the countervailing duty, ranging from 4.52 percent to 54.5