No preferential trade agreement currently in place between the United States and Algeria for Ginseng (HS Code: 1211.20).
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
United States Increases Ginseng Exports to Algeria Amid Rising Demand
The U.S. has reported a 20% increase in ginseng exports to Algeria in Q3 2023, driven by growing demand for natural health supplements in the North African market.
2023-10-15
Impact: This surge strengthens trade ties between the U.S. and Algeria, potentially leading to long-term contracts and increased market access for U.S. ginseng producers.
Algeria Implements New Quality Standards for Imported Ginseng
Algerian authorities have introduced stricter quality control measures for imported ginseng, including mandatory testing for pesticide residues, affecting U.S. exporters.
2023-09-01
Impact: U.S. exporters may face higher compliance costs and delays, potentially reducing short-term export volumes until standards are met.
U.S.-Algeria Trade Talks Highlight Ginseng as Key Export Commodity
During recent bilateral trade discussions, ginseng was identified as a priority commodity for U.S. exports to Algeria, with both sides exploring tariff reductions.
2023-07-20
Impact: Potential tariff reductions could boost U.S. ginseng exports by making them more competitive in the Algerian market, fostering trade growth.
Policy Updates
Algeria Revises Import Tariffs on Ginseng (HS Code: 1211.20)
Algeria has reduced import tariffs on ginseng from 15% to 10% as part of efforts to diversify its import portfolio and meet domestic demand for herbal products.
Date: 2023-08-10
U.S. Updates Export Certification for Ginseng to Algeria
The U.S. Department of Agriculture has updated export certification requirements for ginseng to Algeria, mandating additional documentation to ensure compliance with international trade standards.
