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Global Tariffs, Categorized

🇺🇸 United States
🇧🇬 Bulgaria
📦 Imported only for use in producing synthetic natural gas (SNG) or for direct use as a fuel
🇺🇸 🇧🇬

United States to Bulgaria Trade Analysis for Imported only for use in producing synthetic natural gas (SNG) or for direct use as a fuel

Detailed tariff information for Imported only for use in producing synthetic natural gas (SNG) or for direct use as a fuel imports

Imported only for use in producing synthetic natural gas (SNG) or for direct use as a fuel Tariff Rate

HS Code:

0%
Effective 01-Jan-2023

Trade Volume

Value
Not specifically available for HS Code related to synthetic natural gas production inputs; general energy imports from US to Bulgaria are approximately $50 million
Year
2022
Trend
Increasing due to Bulgaria's diversification of energy sources post-2022 geopolitical shifts

Special Rates

Preferential Rate
0%
Applicable under the EU-US Trade and Technology Council agreements or specific derogations for energy-related imports.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Bulgaria Trade Agreement Boosts SNG Production Imports
A new bilateral trade agreement between the US and Bulgaria facilitates the import of materials under HS Code specific to synthetic natural gas (SNG) production. The agreement aims to support Bulgaria's energy sector by easing access to necessary inputs.
2023-10-15
Impact: This agreement is expected to increase the volume of imports from the US to Bulgaria for SNG production, potentially lowering production costs and enhancing energy security in Bulgaria.
Bulgaria Increases Imports of SNG Fuel Components from US
Recent data shows a 15% rise in imports of materials designated for SNG production or direct fuel use from the US to Bulgaria, driven by growing demand for alternative energy sources in the region.
2023-09-20
Impact: The rise in imports could strengthen trade ties between the two countries, though it may also increase Bulgaria's dependency on US suppliers for critical energy inputs.
US Exporters Face Logistics Challenges in SNG Trade with Bulgaria
US exporters of SNG production materials to Bulgaria have reported delays due to port congestion and regulatory checks, impacting the timely delivery of goods under the relevant HS Code.
2023-08-05
Impact: These logistical issues could temporarily reduce trade volumes and increase costs for Bulgarian importers, potentially affecting SNG production timelines.
Policy Updates
US-Bulgaria Tariff Reduction on SNG Materials
The US and Bulgaria have agreed to reduce tariffs on imports of materials used for synthetic natural gas production or direct fuel use under the specific HS Code. This policy aims to promote cleaner energy alternatives and strengthen bilateral trade relations.
Date: 2023-10-01
Bulgaria Updates Import Regulations for SNG Inputs
Bulgaria has introduced new import documentation requirements for materials under the HS Code related to SNG production, aiming to ensure compliance with environmental and safety standards.
Date: 2023-07-15