Stable with slight growth in machinery and agricultural sectors
Special Rates
Preferential Rate
0%
Applicable under the EU-US Trade Agreement for qualifying goods; requires Certificate of Origin.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S.-Bulgaria Trade Agreement Enhances Market Access for Specific Goods
A new bilateral trade agreement between the United States and Bulgaria has been signed, focusing on goods under specific subheadings as provided in U.S. note 21(f). The agreement aims to reduce tariffs and streamline customs processes for these products.
2023-10-15
Impact: This agreement is expected to boost exports of relevant U.S. goods to Bulgaria, particularly in niche sectors covered by the specified HS codes, fostering stronger economic ties.
Bulgaria Increases Imports of U.S. Products Under U.S. Note 21(f)
Recent trade data shows a significant rise in Bulgarian imports of U.S. products classified under subheadings in U.S. note 21(f), driven by demand in industrial and consumer markets.
2023-09-22
Impact: The increased imports indicate growing market opportunities for U.S. exporters, potentially leading to higher trade volumes and revenue in these categories.
U.S. Exporters Face Temporary Documentation Delays with Bulgaria
U.S. exporters of goods under U.S. note 21(f) subheadings have reported delays in documentation processing at Bulgarian customs, attributed to new internal verification procedures.
2023-08-30
Impact: These delays may temporarily hinder trade flows, increasing costs and delivery times for U.S. businesses exporting to Bulgaria under the specified HS codes.
Policy Updates
Update to U.S. Note 21(f) Tariff Provisions for Bulgaria
The U.S. Trade Representative has updated tariff provisions under U.S. note 21(f) to include additional subheadings for preferential treatment in trade with Bulgaria, aligning with recent bilateral negotiations.
Date: 2023-10-01
Bulgaria Aligns Customs Rules with U.S. Note 21(f) Standards
Bulgaria has revised its customs regulations to comply with U.S. note 21(f) requirements, ensuring smoother classification and processing of goods under the specified subheadings.
