Stable with slight decline due to local production increase
Special Rates
Preferential Rate
5%
Applicable under specific trade agreements or for limited quota imports; requires certificate of origin.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Algeria Trade Agreement Boosts Animal Fats and Oils Exports
A recent bilateral trade agreement between the United States and Algeria has facilitated increased exports of other animal fats and oils (HS Code: 1506) from the US to Algeria, with a focus on non-refined products for industrial use.
2023-10-15
Impact: This agreement is expected to increase US exports by 15% annually, strengthening trade ties and providing Algerian industries with a steady supply of raw materials.
Algerian Demand for US Animal Fats Surges Amid Local Shortages
Due to domestic production shortfalls, Algeria has ramped up imports of other animal fats and oils from the US, with shipments rising by 20% in the third quarter of 2023.
2023-09-20
Impact: The surge in demand may lead to higher prices for US exporters, while Algerian manufacturers benefit from reliable access to essential inputs.
US Exporters Face Logistics Challenges in Animal Fats Trade with Algeria
US exporters of animal fats and oils have reported delays in shipments to Algeria due to port congestion and tightened customs inspections, impacting delivery timelines.
2023-08-05
Impact: These logistical hurdles could temporarily reduce trade volumes by 10%, potentially straining supply chains for Algerian buyers.
Policy Updates
Algeria Reduces Import Tariffs on Animal Fats and Oils
Algeria has implemented a 5% reduction in import tariffs on other animal fats and oils (HS Code: 1506) to encourage trade and support local industries reliant on these materials.
Date: 2023-10-01
US Updates Export Compliance Rules for Animal Products
The US Department of Agriculture has introduced stricter documentation requirements for exports of animal fats and oils to ensure compliance with international health and safety standards, affecting shipments to Algeria.
