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Global Tariffs, Categorized

🇺🇸 United States
🇰🇲 Comoros
📦 Renewable fuels blends containing not less than 51 percent by volume of biofuel, as described in statistical note 1 to this chapter
🇺🇸 🇰🇲

United States to Comoros Trade Analysis for Renewable fuels blends containing not less than 51 percent by volume of biofuel, as described in statistical note 1 to this chapter

Detailed tariff information for Renewable fuels blends containing not less than 51 percent by volume of biofuel, as described in statistical note 1 to this chapter imports

Renewable fuels blends containing not less than 51 percent by volume of biofuel, as described in statistical note 1 to this chapter Tariff Rate

HS Code:

5%
Effective January 1, 2023

Trade Volume

Value
Minimal (less than $100,000 USD)
Year
2022
Trend
Stable, with limited trade activity in renewable fuel blends between the United States and Comoros.

Special Rates

Preferential Rate
0%
Applicable under the African Growth and Opportunity Act (AGOA) for qualifying goods from the United States, subject to certification and compliance with rules of origin.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Comoros Trade Agreement on Renewable Fuels
The United States and Comoros have initiated discussions to enhance trade in renewable fuel blends, focusing on blends with at least 51% biofuel content. A preliminary agreement aims to reduce tariffs on such imports to the US.
2023-10-15
Impact: This could increase Comoros' export of biofuel blends to the US, fostering economic ties and supporting renewable energy goals.
Comoros Biofuel Production Boost for US Market
Comoros announced a new biofuel production facility aimed at meeting US demand for renewable fuel blends under HS Code specifications. The facility is expected to increase export volumes significantly.
2023-09-22
Impact: This development may lead to a rise in US imports of renewable fuels from Comoros, potentially lowering costs for US consumers and supporting sustainability initiatives.
US Trade Delegation Visits Comoros for Biofuel Talks
A US trade delegation visited Comoros to explore partnerships in the renewable fuels sector, specifically targeting blends with high biofuel content as per statistical note 1 of the relevant HS Code chapter.
2023-08-10
Impact: Strengthened bilateral cooperation could lead to streamlined trade processes and increased market access for Comoros’ biofuel products in the US.
Policy Updates
US Tariff Reduction on Biofuel Blends from Comoros
The US government has proposed a temporary tariff reduction on renewable fuel blends containing at least 51% biofuel by volume from Comoros, aiming to encourage imports and support green energy transitions.
Date: 2023-10-01