Stable with slight growth in energy and agricultural sectors
Special Rates
Preferential Rate
0%
Applicable under specific trade agreements or for certain categories of goods as per U.S. note 21(d) subheadings
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S.-Azerbaijan Trade Agreement Expansion
The United States and Azerbaijan have agreed to expand trade relations under specific subheadings of U.S. note 21(d), focusing on energy and agricultural products. Negotiations concluded with a mutual commitment to reduce tariffs on selected goods.
2023-10-15
Impact: This agreement is expected to increase bilateral trade volume by facilitating access to Azerbaijani energy resources and U.S. agricultural exports, potentially boosting trade by 15% in the covered categories.
New Import Quotas for Azerbaijani Goods under HS Code Subheadings
The U.S. Trade Representative announced new import quotas for specific Azerbaijani goods classified under subheadings enumerated in U.S. note 21(d), aiming to balance trade and protect domestic industries.
2023-09-22
Impact: These quotas may limit the volume of certain Azerbaijani imports, potentially affecting exporters while providing U.S. producers with a more competitive edge in the domestic market.
Azerbaijan Seeks Tariff Reductions from U.S. on Key Exports
Azerbaijani officials have initiated discussions with the U.S. to reduce tariffs on goods covered under U.S. note 21(d) subheadings, particularly in the petrochemical and textile sectors, to enhance export competitiveness.
2023-08-10
Impact: If successful, tariff reductions could significantly increase Azerbaijani exports to the U.S., strengthening economic ties but potentially increasing competition for U.S. domestic producers.
Policy Updates
Update to U.S. Note 21(d) Tariff Classifications
The U.S. International Trade Commission has revised the tariff classifications under U.S. note 21(d) to include additional subheadings for energy-related products from Azerbaijan, aligning with broader energy trade goals.
Date: 2023-09-05
Temporary Duty Suspension for Azerbaijani Imports
The U.S. Department of Commerce announced a temporary suspension of duties on specific Azerbaijani imports under U.S. note 21(d) subheadings as part of a strategic trade initiative to support regional stability.