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Global Tariffs, Categorized

🇺🇸 United States
🇨🇩 Congo, Democratic Republic of the
📦 Tar distilled from coal, from lignite or from peat, and other mineral tars, whether or not dehydrated or partially distilled, including reconstituted tars
🇺🇸 🇨🇩

United States to Congo, Democratic Republic of the Trade Analysis for Tar distilled from coal, from lignite or from peat, and other mineral tars, whether or not dehydrated or partially distilled, including reconstituted tars

Detailed tariff information for Tar distilled from coal, from lignite or from peat, and other mineral tars, whether or not dehydrated or partially distilled, including reconstituted tars imports

Tar distilled from coal, from lignite or from peat, and other mineral tars, whether or not dehydrated or partially distilled, including reconstituted tars Tariff Rate

HS Code:

5%
Effective January 1, 2023

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight increase 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 rules of origin and documentation.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
Limited Trade Activity for Tar Products Between US and DRC
Recent trade data indicates minimal to no significant transactions of tar distilled from coal, lignite, peat, or other mineral tars (HS Code: 2706.00) between the United States and the Democratic Republic of the Congo (DRC). Both countries lack major industrial overlap in this niche sector.
2023-10-15
Impact: Negligible impact on trade due to historically low trade volumes in this specific commodity between the two nations.
US Export Restrictions and DRC Import Capacity Constraints
The US has stringent export controls on specialized chemical products, including mineral tars, while the DRC faces infrastructural challenges in importing and processing such materials, limiting trade potential.
2023-09-20
Impact: Trade remains constrained with little prospect for growth in this sector without significant policy or infrastructure changes.
Global Market Trends Indirectly Affect US-DRC Tar Trade
Global demand for mineral tars has fluctuated due to shifts in industrial applications, but no direct trade links between the US and DRC have been reported in recent months, reflecting a lack of bilateral engagement in this market.
2023-08-05
Impact: Indirect market trends have no immediate effect on US-DRC trade for this product due to the absence of established trade channels.
Policy Updates
No Specific Tariff Changes for HS 2706.00 Between US and DRC
There have been no recent updates to tariffs or trade policies specifically targeting tar distilled from coal, lignite, peat, or other mineral tars (HS Code: 2706.00) between the United States and the Democratic Republic of the Congo. General trade agreements under the African Growth and Opportunity Act (AGOA) remain in place but do not specifically address this commodity.
Date: 2023-11-01