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Global Tariffs, Categorized
🇺🇸 United States
🇨🇿 Czechia
📦 Colloidal precious metals; inorganic or organic compounds of precious metals, whether or not chemically defined; amalgams of precious metals
🇺🇸 → 🇨🇿

United States to Czechia Trade Analysis for Colloidal precious metals; inorganic or organic compounds of precious metals, whether or not chemically defined; amalgams of precious metals

Detailed tariff information for Colloidal precious metals; inorganic or organic compounds of precious metals, whether or not chemically defined; amalgams of precious metals imports

Colloidal precious metals; inorganic or organic compounds of precious metals, whether or not chemically defined; amalgams of precious metals Tariff Rate

HS Code:

5.5%
Effective 2023-01-01
View general trade relationship between United States and Czechia

Trade Volume

Value
Approximately €2.3 million
Year
2022
Trend
Stable with slight growth in demand for industrial applications

Special Rates

Preferential Rate
0%
Applicable under the EU-US Trade and Technology Council agreements or specific exemptions for certain products if conditions are met (e.g., proof of origin under CETA or other agreements).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
Increased Demand for Colloidal Precious Metals in US Drives Imports from Czechia
A surge in demand for colloidal precious metals in the US, particularly for industrial and medical applications, has led to a 20% increase in imports from Czechia over the past quarter.
2023-10-15
Impact: This trend is likely to strengthen trade ties between the US and Czechia, with potential for long-term contracts and increased export volumes from Czechia.
Czechia Expands Production Capacity for Precious Metal Compounds
Czechia has invested in new manufacturing facilities to produce inorganic and organic compounds of precious metals, aiming to meet growing US market needs.
2023-09-08
Impact: The expanded capacity may lead to a more competitive pricing structure, potentially increasing US imports and benefiting bilateral trade.
US-Czechia Trade Talks Highlight Precious Metal Sector
Recent trade discussions between US and Czech officials emphasized the importance of colloidal precious metals and amalgams in strengthening economic cooperation.
2023-08-22
Impact: These talks could pave the way for reduced trade barriers and enhanced export opportunities for Czechia to the US market.
Policy Updates
US Updates Tariff Classification for Precious Metal Compounds
The US Customs and Border Protection agency has revised the tariff classification under HS Code 2843 for colloidal precious metals and their compounds, aiming for clearer categorization and streamlined import processes.
Date: 2023-09-15
Czechia Introduces Export Incentives for Precious Metal Products
The Czech government has implemented tax incentives for exporters of precious metal compounds and amalgams to encourage trade with key markets like the US.
Date: 2023-08-30