Applicable under the Stabilization and Association Agreement (SAA) with the EU, extended benefits to certain US goods under specific conditions.
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Last updated: 1 year ago
News and Updates
Recent News
U.S.-Albania Trade Agreement on Miscellaneous Goods (HS Code: 99)
The United States and Albania have signed a new trade agreement focusing on miscellaneous goods under HS Code 99, aiming to streamline customs processes and reduce tariffs on specific items.
2023-10-15
Impact: This agreement is expected to increase bilateral trade volume for miscellaneous goods by simplifying import-export procedures and lowering costs for businesses.
Export Surge of Other Products (HS Code: 98) from Albania to U.S.
Recent data shows a 15% increase in exports of products classified under HS Code 98 from Albania to the U.S., driven by demand for niche manufactured items.
2023-09-20
Impact: The surge may strengthen economic ties, though it could prompt U.S. policymakers to review trade balances and consider protective measures if domestic industries are affected.
U.S. Imposes Temporary Quota on Albanian Imports (HS Code: 97)
The U.S. has introduced a temporary quota on imports of certain goods under HS Code 97 from Albania due to concerns over market saturation.
2023-08-05
Impact: This quota may limit Albanian exporters’ access to the U.S. market in the short term, potentially affecting bilateral trade relations.
Policy Updates
U.S. Tariff Adjustment for Albanian Goods (HS Code: 99)
The U.S. Trade Representative announced a reduction in tariffs on specific miscellaneous goods under HS Code 99 from Albania as part of broader trade negotiations.
Date: 2023-10-01
Albania Revises Export Regulations for HS Code 98
Albania updated its export regulations to comply with U.S. standards for products under HS Code 98, aiming to facilitate smoother trade with the U.S. market.
