This government-to-government deal is part of Bangladesh’s efforts to reduce trade tensions with the US and avoid high tariffs on its exports.
Bangladesh has approved the purchase of 220,000 metric tons of wheat from the US for USD 302.75 per ton.
The wheat will be supplied by a Singapore-based trading company. This government-to-government deal is part of Bangladesh’s efforts to reduce trade tensions with the US and avoid high tariffs on its exports.
In July, Bangladesh signed a separate agreement to import 700,000 tons of US wheat every year for the next five years. The country usually imports cheaper wheat from the Black Sea region but buys smaller amounts of higher-quality grain from the US and Canada for blending.
The new wheat deals follow the end of US food aid programmes, including donations of wheat, which stopped earlier this year.
Bangladesh has also ordered 25 aircraft from Boeing and increased imports of other American goods. A Bangladeshi delegation is currently in the US for trade talks to strengthen economic ties and avoid the threatened 35% tariffs on its exports.
Earlier, Bangladesh formally submitted its position paper to the Office of the US Trade Representative (USTR) on 22 July 2025, requesting that the final round of tariff negotiations commence on or after 26 July 2025.
