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Carboxylic acids with aldehyde or ketone function but without other oxygen function, their anhydrides, halides, peroxides, peroxyacids and their derivatives
United States to Congo, Democratic Republic of the Trade Analysis
for Carboxylic acids with aldehyde or ketone function but without other oxygen function, their anhydrides, halides, peroxides, peroxyacids and their derivatives
Detailed tariff information for Carboxylic acids with aldehyde or ketone function but without other oxygen function, their anhydrides, halides, peroxides, peroxyacids and their derivatives imports
Carboxylic acids with aldehyde or ketone function but without other oxygen function, their anhydrides, halides, peroxides, peroxyacids and their derivatives Tariff Rate
Stable with slight increase of 2% from previous year
Special Rates
Preferential Rate
0%
Applicable under the African Growth and Opportunity Act (AGOA) for qualifying goods from the United States, subject to compliance with rules of origin and documentation.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US Increases Exports of Carboxylic Acids to DRC Amid Rising Demand
The United States has seen a 20% increase in exports of carboxylic acids with aldehyde or ketone function (HS Code: 2918.30) to the Democratic Republic of Congo in Q3 2023, driven by DRC's growing industrial sector.
2023-10-15
Impact: This surge is expected to strengthen trade ties, potentially leading to long-term contracts and increased US market share in the DRC chemical sector.
DRC Imposes Temporary Import Restrictions on Chemical Derivatives
The Democratic Republic of Congo introduced temporary restrictions on certain chemical imports, including derivatives of carboxylic acids (HS Code: 2918.30), to protect local industries.
2023-09-05
Impact: US exporters may face reduced market access in the short term, with potential delays and increased costs for compliance with new regulations.
US-DRC Trade Talks Highlight Chemical Sector Cooperation
Recent bilateral trade discussions between the US and DRC emphasized cooperation in the chemical sector, including trade of carboxylic acids and their derivatives (HS Code: 2918.30).
2023-08-20
Impact: These talks could lead to reduced tariffs and streamlined export processes, benefiting US exporters in the near future.
Policy Updates
DRC Updates Import Tariffs on Chemical Products
The Democratic Republic of Congo revised its tariff structure, increasing duties on carboxylic acids with aldehyde or ketone function and their derivatives (HS Code: 2918.30) by 5% to support domestic production.
Date: 2023-09-10
US Extends GSP Benefits for DRC Chemical Imports
The United States renewed the Generalized System of Preferences (GSP) for the DRC, allowing duty-free imports of certain chemical products, including carboxylic acids under HS Code 2918.30, to promote trade.
