Logo

Whatariff.com

Global Tariffs, Categorized

🇺🇸 United States
🇦🇷 Argentina
📦 Mineral substances not elsewhere specified or included
🇺🇸 🇦🇷

United States to Argentina Trade Analysis for Mineral substances not elsewhere specified or included

Detailed tariff information for Mineral substances not elsewhere specified or included imports

Mineral substances not elsewhere specified or included Tariff Rate

HS Code:

2%
Effective January 1, 2023

Trade Volume

Value
USD 5.2 million
Year
2022
Trend
Stable, with a slight increase of 3% compared to 2021

Special Rates

Preferential Rate
0%
Applicable under Mercosur agreements if specific origin criteria are met.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S. Increases Imports of Mineral Substances from Argentina
The United States has seen a 20% rise in imports of mineral substances not elsewhere specified or included (HS Code: 2530) from Argentina in Q3 2023, driven by demand in industrial applications.
2023-10-15
Impact: This surge strengthens trade ties between the U.S. and Argentina, potentially leading to more bilateral agreements on mineral trade.
Argentina Expands Mining Sector to Meet U.S. Demand
Argentina has ramped up production of mineral substances under HS Code 2530, targeting the U.S. market as a key export destination amid growing needs for rare earth elements.
2023-09-22
Impact: Increased production could lower prices for U.S. buyers but may strain Argentina's local resources if not managed sustainably.
Logistics Challenges Impact U.S.-Argentina Mineral Trade
Recent port delays in Argentina have slowed the export of mineral substances (HS Code: 2530) to the United States, causing temporary supply chain disruptions.
2023-08-30
Impact: Delays may lead to short-term shortages in the U.S. market, potentially increasing costs for industries reliant on these minerals.
Policy Updates
U.S. Revises Tariff Rates on Mineral Imports from Argentina
The U.S. Trade Representative announced a reduction in tariffs on mineral substances (HS Code: 2530) imported from Argentina, aiming to bolster supply for domestic industries.
Date: 2023-10-01
Argentina Introduces Export Incentives for Minerals
Argentina's government has implemented tax incentives for exporters of mineral substances under HS Code 2530, encouraging trade with key partners like the United States.
Date: 2023-09-10