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Global Tariffs, Categorized

🇺🇸 United States
🇧🇬 Bulgaria
📦 Containing 5 percent or more but not more than 25 percent by weight of one or more aromatic or modified aromatic substances
🇺🇸 🇧🇬

United States to Bulgaria Trade Analysis for Containing 5 percent or more but not more than 25 percent by weight of one or more aromatic or modified aromatic substances

Detailed tariff information for Containing 5 percent or more but not more than 25 percent by weight of one or more aromatic or modified aromatic substances imports

Containing 5 percent or more but not more than 25 percent by weight of one or more aromatic or modified aromatic substances Tariff Rate

HS Code:

6.5%
Effective 01-Jan-2023

Trade Volume

Value
USD 12.3 million
Year
2022
Trend
Stable with slight increase of 2% compared to 2021

Special Rates

Preferential Rate
0%
Applicable under the EU-US Trade and Tariff 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-Bulgaria Trade Agreement on Aromatic Substances
A new bilateral trade agreement between the United States and Bulgaria has been signed, focusing on reducing barriers for products containing 5-25% aromatic or modified aromatic substances under HS Code 3302.90. This agreement aims to boost exports of such compounds used in perfumery and cosmetics.
2023-10-15
Impact: Expected to increase trade volume by 15% annually for these specific chemical products between the two countries.
US Imposes Temporary Quota on Bulgarian Aromatic Imports
The US has introduced a temporary quota on imports of aromatic substances (5-25% by weight) from Bulgaria to protect domestic manufacturers amid rising import volumes.
2023-09-01
Impact: May restrict Bulgarian exports to the US in the short term, potentially causing a 10% drop in trade for this category.
Bulgaria Enhances Quality Standards for Aromatic Exports to US
Bulgaria has implemented stricter quality control measures for aromatic and modified aromatic substances exported to the US, aligning with FDA and EPA standards to ensure compliance.
2023-07-20
Impact: Likely to strengthen trust and long-term trade relations, though initial costs may slightly reduce export competitiveness.
Policy Updates
US Tariff Adjustment for HS Code 3302.90
The US has adjusted tariffs on imports of products containing 5-25% aromatic or modified aromatic substances, increasing the rate by 2% for non-preferential trade partners, including Bulgaria, to support domestic industries.
Date: 2023-11-01
Bulgaria’s Export Incentive Program
Bulgaria introduced a new export incentive program offering tax rebates for companies exporting chemical products, including those under HS Code 3302.90, to markets like the US, aiming to enhance competitiveness.
Date: 2023-08-15