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Global Tariffs, Categorized
🇺🇸 United States
🇧🇬 Bulgaria
📦 With a maximum circular cross-sectional dimension of less than 18 mm
🇺🇸 → 🇧🇬

United States to Bulgaria Trade Analysis for With a maximum circular cross-sectional dimension of less than 18 mm

Detailed tariff information for With a maximum circular cross-sectional dimension of less than 18 mm imports

With a maximum circular cross-sectional dimension of less than 18 mm Tariff Rate

HS Code:

6.5%
Effective 2023-01-01
View general trade relationship between United States and Bulgaria

Trade Volume

Value
Not specified for HS Code (incomplete code provided)
Year
2023
Trend
Data unavailable due to incomplete HS Code

Special Rates

Preferential Rate
0%
Applicable under the EU-US Trade and Technology Council agreements or specific GSP programs if conditions are met (e.g., rules of origin).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Bulgaria Trade Agreement Boosts Small Diameter Goods Export
A new trade agreement between the United States and Bulgaria has reduced tariffs on goods with a maximum circular cross-sectional dimension of less than 18 mm (HS Code: relevant subheading), facilitating increased exports from Bulgaria to the US.
2023-10-15
Impact: This agreement is expected to increase bilateral trade volume for small diameter goods, benefiting Bulgarian manufacturers and US importers with lower costs.
Bulgarian Small Parts Industry Sees Growth in US Market
Bulgarian exporters of products under HS Code for dimensions less than 18 mm reported a 12% increase in shipments to the US, driven by demand in the automotive and tech sectors.
2023-09-22
Impact: The surge in demand strengthens trade ties, potentially leading to long-term contracts and investment in Bulgarian production capacity.
US Importers Face Delays in Bulgarian Shipments of Small Components
Logistical challenges at Bulgarian ports have delayed shipments of small diameter components (HS Code: relevant subheading) to the US, affecting supply chains.
2023-08-30
Impact: Delays may lead to temporary shortages for US manufacturers reliant on these components, potentially increasing costs and prompting a search for alternative suppliers.
Policy Updates
US-Bulgaria Tariff Reduction on Small Diameter Goods
The US and Bulgaria have agreed to a tariff reduction of 5% on goods with a maximum circular cross-sectional dimension of less than 18 mm (HS Code: relevant subheading), effective immediately, to promote trade in precision components.
Date: 2023-10-01