Stable with slight increase of 2% compared to 2021
Special Rates
Preferential Rate under US-Andean Trade Promotion and Drug Eradication Act (ATPDEA)
0%
Applies to qualifying goods from the United States under ATPDEA, subject to rules of origin and documentation.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US Increases Import of Thiocyanates from Ecuador
Recent trade data shows a 12% increase in the import of thiocyanates, thiurams, and isothiocyanates (HS Code: 293090) from Ecuador to the United States in the last quarter, driven by demand in the agricultural sector for pesticide production.
2023-10-15
Impact: This surge may strengthen trade ties between the US and Ecuador, potentially leading to more favorable bilateral trade agreements for chemical products.
Ecuador Expands Production Capacity for Isothiocyanates
Ecuadorian chemical manufacturers have invested in new facilities to boost production of isothiocyanates, targeting the US market as a primary export destination.
2023-09-22
Impact: Increased supply from Ecuador could lower prices for US importers, enhancing competitiveness in the chemical sector, though it may pressure domestic producers.
US-Ecuador Trade Talks Highlight Chemical Exports
During recent trade discussions, both nations emphasized the growing importance of chemical exports, including thiocyanates and related compounds, as part of their economic cooperation framework.
2023-08-30
Impact: These talks could lead to reduced tariffs or streamlined regulations, facilitating smoother trade flows of these chemicals between the two countries.
Policy Updates
US Revises Import Tariffs on Chemical Compounds
The US Trade Representative announced a minor reduction in tariffs on certain chemical imports under HS Code 293090, including thiocyanates and isothiocyanates, to support industrial needs while maintaining fair trade practices.
Date: 2023-10-01
Ecuador Updates Export Certification for Chemicals
Ecuador implemented stricter quality control and certification requirements for chemical exports, including thiurams, to meet international safety standards, potentially affecting shipment timelines to the US.
