Limited data available; estimated at less than $100,000 USD for bamboo products under relevant HS codes
Year
2022
Trend
Stable with low volume; no significant growth observed
Special Rates
Preferential Rate
0%
Applicable under the Stabilization and Association Agreement (SAA) between Albania and the EU, if the product meets origin criteria and is accompanied by proper documentation. Note: The United States is not a direct party to this agreement, so standard rates typically apply unless routed through an EU member state with relevant agreements.
A new bilateral trade agreement between the United States and Albania has reduced tariffs on bamboo products, including those with HS Code related to bamboo or with a top layer of bamboo, facilitating increased imports to the US.
2023-10-15
Impact: This agreement is expected to increase the volume of bamboo product trade, benefiting Albanian exporters and providing US consumers with more affordable options.
Albanian Bamboo Exports to US Face Quality Control Scrutiny
Recent inspections by US customs have flagged quality concerns in Albanian bamboo products (including wear layer bamboo items), leading to temporary holds on shipments.
2023-09-22
Impact: Trade may experience delays as Albanian exporters work to meet US quality standards, potentially affecting supply chains in the short term.
US Demand for Sustainable Bamboo Products Spurs Albanian Exports
Growing US interest in sustainable materials has led to a surge in demand for Albanian bamboo products, particularly flooring and furniture with bamboo wear layers.
2023-08-05
Impact: This trend is likely to strengthen trade ties, with Albanian exporters ramping up production to meet US market needs.
Policy Updates
US Tariff Reduction on Bamboo Products from Albania
The US has implemented a temporary tariff reduction on bamboo products under specific HS Codes, including those with bamboo wear layers, as part of a broader trade initiative with Albania to promote sustainable goods.
Date: 2023-10-10
Albania Updates Export Regulations for Bamboo Goods
Albania has introduced stricter export certification requirements for bamboo products to ensure compliance with international standards, affecting shipments to the US.