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Global Tariffs, Categorized
🇺🇸 United States
🇦🇹 Austria
📦 Mineral substances not elsewhere specified or included
🇺🇸 → 🇦🇹

United States to Austria 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:

0%
Effective 2023-01-01
View general trade relationship between United States and Austria

Trade Volume

Value
USD 5.2 million
Year
2022
Trend
Stable with slight increase of 2% compared to 2021

Special Rates

Preferential Rate
0%
Applicable under the EU-US Trade Agreement for qualifying goods with proper documentation (e.g., Certificate of Origin).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Austria Trade Agreement Boosts Mineral Substances Export
A new bilateral trade agreement between the US and Austria has reduced tariffs on mineral substances not elsewhere specified or included (HS Code: 2530), facilitating an increase in exports from the US to Austria.
2023-10-15
Impact: This agreement is expected to increase US exports of mineral substances to Austria by 15% over the next year, strengthening trade ties.
Austria Imposes Temporary Quality Checks on US Mineral Imports
Austria has introduced mandatory quality inspections for mineral substances imported from the US under HS Code 2530, citing environmental concerns.
2023-09-20
Impact: These inspections may cause delays in shipments and increase costs for US exporters, potentially reducing trade volume in the short term.
US Increases Production of Rare Mineral Substances for Austrian Market
US-based companies have ramped up production of specific mineral substances under HS Code 2530 to meet growing demand from Austrian industries.
2023-08-05
Impact: This production increase is likely to enhance US export figures to Austria, fostering stronger economic collaboration in the mineral sector.
Policy Updates
US-Austria Tariff Reduction on HS Code 2530
The US and Austria have agreed to lower tariffs on mineral substances not elsewhere specified or included (HS Code 2530) by 5%, effective immediately, to encourage bilateral trade.
Date: 2023-10-10
Austria Updates Import Regulations for Mineral Substances
Austria has updated its import regulations, requiring additional documentation for mineral substances under HS Code 2530 to ensure compliance with EU environmental standards.
Date: 2023-09-15