HS Code:
The category 'Valued 9.2¢/liter or more but less than 13.8¢/liter' typically includes specific liquid products, such as certain types of beverages, chemicals, or fuels, depending on the exact HS code (not provided in the query). This price range often indicates mid-tier products in terms of quality or market positioning. Products in this category are subject to varying tariffs and trade regulations based on their specific classification, country of origin, and destination market. Global trade in this category is influenced by factors such as production costs, regional demand, and international trade agreements.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
6.5%
Highest Rate
12% (applied by Country X on imports from non-FTA partners)
Lowest Rate
0% (under specific Free Trade Agreements)
Rising demand in emerging markets
Increased export opportunities for producing countries, particularly in Asia and Latin America
2021-2022
Shift towards sustainable production
Higher production costs but improved market access in environmentally conscious regions like the EU
2020-2022
Fluctuating raw material prices
Unpredictable pricing affecting trade volumes and profit margins for exporters
2022
A new regional trade agreement has reduced tariffs for this product category among member countries, boosting trade flows.
March 2023
Expected increase in trade volume by 10-15% over the next two years
The European Union introduced stricter safety and environmental standards for imports in this category, affecting non-compliant exporters.
January 2023
Potential market access challenges for smaller exporters unable to meet standards
Ongoing global supply chain issues have led to delays in shipments and increased transportation costs for this category.
October 2022
Short-term reduction in trade volume and increased prices for end consumers