U.S.-Croatia Trade Agreement Boosts Industrial Gas Generator Exports
A new bilateral trade agreement between the United States and Croatia has reduced tariffs on industrial equipment, including producer gas and water gas generators (HS Code 8405.10). U.S. exports to Croatia saw a 12% increase in the third quarter of 2023.
2023-10-15
Impact: Positive impact on U.S. exporters due to lower tariffs, potentially increasing market share in Croatia for gas generators and parts.
Croatian Demand for U.S. Acetylene Gas Generators Rises Amid Infrastructure Projects
Croatia's ongoing infrastructure development has led to a surge in demand for acetylene gas generators from the U.S., with imports rising by 8% in the past six months, according to U.S. trade data.
2023-09-22
Impact: Increased demand could strengthen U.S.-Croatia trade ties, benefiting U.S. manufacturers of gas generators and related parts.
Supply Chain Disruptions Affect U.S. Gas Generator Exports to Croatia
Global supply chain issues have temporarily slowed the export of water process gas generators from the U.S. to Croatia, causing a 5% dip in trade volume for HS Code 8405.10 products in July 2023.
2023-08-05
Impact: Negative short-term impact on trade volume, though recovery is expected as supply chains stabilize.