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Global Tariffs, Categorized

🇺🇸 United States
🇧🇯 Benin
📦 Paints and varnishes (including enamels and lacquers) based on synthetic polymers or chemically modified natural polymers, dispersed or dissolved in a nonaqueous medium; solutions as defined in note 4 to this chapter
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United States to Benin Trade Analysis for Paints and varnishes (including enamels and lacquers) based on synthetic polymers or chemically modified natural polymers, dispersed or dissolved in a nonaqueous medium; solutions as defined in note 4 to this chapter

Detailed tariff information for Paints and varnishes (including enamels and lacquers) based on synthetic polymers or chemically modified natural polymers, dispersed or dissolved in a nonaqueous medium; solutions as defined in note 4 to this chapter imports

Paints and varnishes (including enamels and lacquers) based on synthetic polymers or chemically modified natural polymers, dispersed or dissolved in a nonaqueous medium; solutions as defined in note 4 to this chapter Tariff Rate

HS Code:

20%
Effective January 1, 2023

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight growth of 3% compared to 2021

Special Rates

Preferential Rate
0%
Applicable under specific trade agreements or if goods qualify for exemptions under ECOWAS protocols; requires certificate of origin from the United States under applicable frameworks, if any.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US Increases Export of Synthetic Polymer Paints to Benin
The United States has seen a 20% increase in exports of paints and varnishes based on synthetic polymers to Benin in the third quarter of 2023, driven by growing demand in Benin's construction sector.
2023-10-15
Impact: This surge strengthens trade ties and boosts US exporters' revenue, while providing Benin with essential materials for infrastructure development.
Benin Importers Seek US Paints for Quality Assurance
Beninese importers have expressed a preference for US-made paints and varnishes (HS Code 3208) due to their durability and compliance with international standards, leading to a spike in trade inquiries.
2023-09-05
Impact: This trend may lead to long-term contracts and increased market share for US manufacturers in West Africa.
Logistics Challenges Impact US-Benin Paint Trade
Recent shipping delays and rising freight costs have temporarily disrupted the supply of non-aqueous medium paints from the US to Benin, affecting project timelines in Benin.
2023-08-20
Impact: Short-term trade slowdowns are expected, with potential cost increases for Beninese buyers unless logistics stabilize.
Policy Updates
Benin Reduces Import Tariffs on Synthetic Paints
Benin has announced a temporary reduction in import tariffs on paints and varnishes under HS Code 3208, aiming to support local construction industries by making imported materials more affordable.
Date: 2023-07-10