United States to Dominican Republic Trade Analysis
for Rapeseed, colza or mustard oil, and fractions thereof, whether or not refined, but not chemically modified
Detailed tariff information for Rapeseed, colza or mustard oil, and fractions thereof, whether or not refined, but not chemically modified imports
Rapeseed, colza or mustard oil, and fractions thereof, whether or not refined, but not chemically modified Tariff Rate
Applicable under the DR-CAFTA (Dominican Republic-Central America Free Trade Agreement) for qualifying goods from the United States, subject to rules of origin certification.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US Increases Rapeseed Oil Exports to Dominican Republic
Recent trade data shows a 20% increase in rapeseed oil exports from the United States to the Dominican Republic in Q3 2023, driven by growing demand for cooking oils.
2023-10-15
Impact: This surge strengthens trade ties and boosts US agricultural export revenue, while providing the Dominican Republic with a stable supply of edible oils.
Dominican Republic Seeks Diversified Sources for Rapeseed Oil
The Dominican Republic is exploring additional suppliers for rapeseed oil to reduce dependency on US imports amid global supply chain concerns.
2023-09-05
Impact: This could lead to a potential decrease in US market share if alternative suppliers offer competitive pricing or better trade terms.
During recent bilateral trade discussions, both nations emphasized the importance of rapeseed and colza oil trade as part of agricultural cooperation under CAFTA-DR.
2023-08-20
Impact: These talks may lead to more favorable trade conditions, potentially increasing the volume of rapeseed oil exports from the US to the Dominican Republic.
Policy Updates
CAFTA-DR Tariff Adjustments for Edible Oils
Under the Central America-Dominican Republic Free Trade Agreement (CAFTA-DR), tariffs on rapeseed and colza oil (HS Code 1514) imports to the Dominican Republic from the US remain at 0%, with a renewed commitment to streamline customs processes.
