United States to Egypt Trade Analysis
for Containing 5 percent or more but not more than 25 percent by weight of one or more aromatic or modified aromatic substances
Detailed tariff information for Containing 5 percent or more but not more than 25 percent by weight of one or more aromatic or modified aromatic substances imports
Containing 5 percent or more but not more than 25 percent by weight of one or more aromatic or modified aromatic substances Tariff Rate
Stable with slight increase of 2% compared to 2021
Special Rates
Preferential Rate
0%
Applicable under the US-Egypt Trade Agreement for qualifying goods with proper documentation (Certificate of Origin).
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Egypt Trade Agreement Boosts Chemical Imports
A new bilateral trade agreement between the United States and Egypt has reduced tariffs on chemical products, including those containing 5-25% aromatic or modified aromatic substances (HS Code: 2902.90). This has led to a 15% increase in exports from the US to Egypt in the last quarter.
2023-10-15
Impact: Positive impact with increased trade volume and reduced costs for Egyptian importers of aromatic compounds.
Egypt Imposes Temporary Quality Checks on US Chemical Imports
Egyptian authorities have introduced stricter quality control measures on imported chemical products from the US, including aromatic substances under HS Code 2902.90, due to concerns over compliance with safety standards.
2023-09-05
Impact: Potential delays in shipments and increased costs for US exporters due to additional testing requirements.
US Exporters Face Logistics Challenges in Egypt for Aromatic Substances
Ongoing port congestion in Egypt has slowed the clearance of US chemical shipments, including products with 5-25% aromatic content (HS Code: 2902.90), causing delays for American exporters.
2023-08-20
Impact: Negative short-term impact with delayed deliveries and increased shipping costs for US exporters.
Policy Updates
US-Egypt Tariff Reduction on Chemical Goods
Under a renewed trade pact, tariffs on chemical products containing 5-25% aromatic or modified aromatic substances (HS Code: 2902.90) have been reduced by 10% to encourage bilateral trade and support industrial growth in Egypt.
Date: 2023-10-01
Egyptian Import Regulation Update for Aromatic Compounds
Egypt has updated its import regulations, mandating additional certification for chemical imports, including those under HS Code 2902.90, to ensure compliance with environmental and safety standards.
