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Global Tariffs, Categorized

🇺🇸 United States
🇦🇱 Albania
📦 Lecithin derived from non-genetically modified soybean (CAS No. 8002-43-5) (provided for in subheading 2923.20.20)
🇺🇸 🇦🇱

United States to Albania Trade Analysis for Lecithin derived from non-genetically modified soybean (CAS No. 8002-43-5) (provided for in subheading 2923.20.20)

Detailed tariff information for Lecithin derived from non-genetically modified soybean (CAS No. 8002-43-5) (provided for in subheading 2923.20.20) imports

Lecithin derived from non-genetically modified soybean (CAS No. 8002-43-5) (provided for in subheading 2923.20.20) Tariff Rate

HS Code:

5%
Effective January 1, 2023

Trade Volume

Value
Not widely reported for this specific product
Year
2023
Trend
Stable but low volume; Albania primarily sources lecithin from EU countries due to proximity and trade agreements.

Special Rates

Preferential Rate
0%
Applicable under the Stabilization and Association Agreement (SAA) with the EU, if the product meets origin criteria and is accompanied by proper documentation (EUR.1 certificate).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
Limited Trade Activity for Non-GMO Soybean Lecithin Between US and Albania
Recent trade data indicates minimal to no significant transactions of non-genetically modified soybean lecithin (CAS No. 8002-43-5) between the United States and Albania. This reflects a lack of established trade routes or demand for this specific product in the bilateral market.
October 2023
Impact: No immediate impact on trade due to absence of significant activity; potential for future market exploration remains untapped.
US-Albania Trade Focus Remains on Other Agricultural Products
Trade discussions and reports between the US and Albania highlight a focus on broader agricultural commodities like wheat and corn, with no specific mention of non-GMO soybean lecithin under HS Code 2923.20.20.
September 2023
Impact: Lack of focus on lecithin trade may delay market development for this niche product between the two countries.
Albania’s Import Trends Exclude Specialized Soybean Derivatives
Albania’s import statistics show a preference for basic food and agricultural imports from the EU and neighboring regions, with no recorded imports of specialized products like non-GMO soybean lecithin from the United States.
August 2023
Impact: Limited demand in Albania for such specialized products could hinder US export opportunities in this category.
Policy Updates
No Specific Tariff or Policy Changes for Non-GMO Soybean Lecithin
There are no recent updates or specific tariff adjustments in US or Albanian trade policies targeting non-genetically modified soybean lecithin under subheading 2923.20.20. General trade agreements and WTO rules continue to apply.
Date: October 2023