United States to Bolivia Trade Analysis
for Carboxylic acids with alcohol function but without other oxygen function, their anhydrides, halides, peroxides, peroxyacids and their derivatives
Detailed tariff information for Carboxylic acids with alcohol function but without other oxygen function, their anhydrides, halides, peroxides, peroxyacids and their derivatives imports
Carboxylic acids with alcohol function but without other oxygen function, their anhydrides, halides, peroxides, peroxyacids and their derivatives Tariff Rate
Applicable under the Generalized System of Preferences (GSP) if the United States is granted GSP status by Bolivia and proper documentation (e.g., Certificate of Origin) is provided.
A new bilateral trade agreement between the United States and Bolivia has reduced tariffs on carboxylic acids and derivatives (HS Code 2918), facilitating increased exports from the US to Bolivia.
2023-10-15
Impact: This agreement is expected to increase US exports of carboxylic acids by 15% over the next year, strengthening trade ties.
Bolivia Imposes Temporary Quota on Carboxylic Acid Imports
Bolivia has introduced a temporary quota on imports of carboxylic acids and their derivatives to protect domestic producers, affecting US exporters.
2023-09-20
Impact: US exporters may face reduced market access in Bolivia, potentially leading to a 10% drop in trade volume for this category.
US Increases Quality Checks on Carboxylic Acid Imports from Bolivia
The US has implemented stricter quality control measures for carboxylic acid derivatives imported from Bolivia due to recent compliance issues.
2023-08-05
Impact: Bolivian exporters may experience delays and increased costs, potentially reducing trade flow to the US by 5% in the short term.
Policy Updates
US-Bolivia Tariff Reduction on HS Code 2918
The United States and Bolivia have agreed to reduce tariffs on carboxylic acids and their derivatives (HS Code 2918) by 20% as part of a broader trade facilitation initiative.
Date: 2023-10-10
Bolivia Updates Import Regulations for Chemical Compounds
Bolivia has updated its import regulations, requiring additional documentation for carboxylic acids and derivatives to ensure compliance with safety standards.
