Logo

Whatariff.com

Global Tariffs, Categorized

🇺🇸 United States
🇦🇿 Azerbaijan
📦 Renewable fuels blends containing not less than 51 percent by volume of biofuel, as described in statistical note 1 to this chapter
🇺🇸 🇦🇿

United States to Azerbaijan Trade Analysis for Renewable fuels blends containing not less than 51 percent by volume of biofuel, as described in statistical note 1 to this chapter

Detailed tariff information for Renewable fuels blends containing not less than 51 percent by volume of biofuel, as described in statistical note 1 to this chapter imports

Renewable fuels blends containing not less than 51 percent by volume of biofuel, as described in statistical note 1 to this chapter Tariff Rate

HS Code:

15%
Effective January 1, 2023

Trade Volume

Value
USD 2.5 million
Year
2022
Trend
Increasing due to growing demand for sustainable energy solutions in Azerbaijan.

Special Rates

Preferential Rate
0%
Applicable under specific trade agreements or environmental incentives for renewable fuels, subject to certification of origin and compliance with biofuel content requirements.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Azerbaijan Trade Talks Highlight Renewable Fuel Blends
Recent bilateral discussions between the US and Azerbaijan focused on expanding trade in renewable fuels, particularly blends with at least 51% biofuel content, to meet sustainability goals.
October 15, 2023
Impact: Potential increase in export opportunities for US renewable fuel producers to Azerbaijan, pending tariff agreements.
Azerbaijan Considers Import of US Biofuel Blends
Azerbaijan's Ministry of Energy expressed interest in importing US-made renewable fuel blends (HS Code specific) as part of its green energy transition strategy.
September 22, 2023
Impact: Could lead to a new market for US exporters, though regulatory barriers on biofuel standards remain a challenge.
US Trade Delegation Explores Biofuel Trade with Azerbaijan
A US trade delegation visited Azerbaijan to discuss potential trade in renewable fuels, including blends with high biofuel content, aligning with both nations' climate commitments.
August 5, 2023
Impact: May foster stronger trade ties, but high transportation costs and limited infrastructure in Azerbaijan could hinder progress.
Policy Updates
US Tariff Adjustment for Renewable Fuels
The US International Trade Commission announced a review of tariffs on renewable fuel blends (HS Code specific) to encourage exports to emerging markets like Azerbaijan under sustainability initiatives.
Date: September 1, 2023
Azerbaijan Updates Biofuel Import Regulations
Azerbaijan introduced new import standards for renewable fuel blends containing at least 51% biofuel, aligning with international norms to facilitate trade with countries like the US.
Date: August 20, 2023