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Global Tariffs, Categorized

🇺🇸 United States
🇪🇷 Eritrea
📦 Mixtures that are in whole or in part of hydrocarbons derived in whole or in part from petroleum, shale oil or natural gas
🇺🇸 🇪🇷

United States to Eritrea Trade Analysis for Mixtures that are in whole or in part of hydrocarbons derived in whole or in part from petroleum, shale oil or natural gas

Detailed tariff information for Mixtures that are in whole or in part of hydrocarbons derived in whole or in part from petroleum, shale oil or natural gas imports

Mixtures that are in whole or in part of hydrocarbons derived in whole or in part from petroleum, shale oil or natural gas Tariff Rate

HS Code:

5%
Effective January 1, 2023

Trade Volume

Value
Not widely documented; minimal trade recorded
Year
2022
Trend
Stable with low volume

Special Rates

Preferential Rate
0%
Applicable under specific trade agreements or for development purposes, subject to documentation.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Eritrea Trade Discussions on Hydrocarbon Mixtures
Recent talks between the United States and Eritrea have focused on potential trade agreements involving hydrocarbon mixtures derived from petroleum and shale oil under HS Code 2710.12. However, no concrete deals have been finalized due to geopolitical tensions.
2023-10-15
Impact: Trade remains limited, with potential for future growth if diplomatic relations improve.
Eritrea's Export Restrictions Affect US Imports of Hydrocarbon Products
Eritrea has imposed stricter export controls on hydrocarbon-derived mixtures, impacting the limited trade with the United States. This follows domestic policy shifts prioritizing local energy needs.
2023-08-22
Impact: US imports of these products from Eritrea are likely to decline in the short term.
US Sanctions Impact Hydrocarbon Trade with Eritrea
Ongoing US sanctions on Eritrea, related to human rights concerns, continue to restrict trade in hydrocarbon mixtures (HS Code 2710.12), with minimal bilateral exchanges reported in recent months.
2023-06-10
Impact: Trade in hydrocarbon mixtures remains severely constrained due to sanctions.
Policy Updates
US Renewal of Sanctions on Eritrea
The United States renewed sanctions on Eritrea, citing ongoing human rights issues. These sanctions include restrictions on trade in various sectors, including hydrocarbon-derived products under HS Code 2710.12, limiting bilateral trade opportunities.
Date: 2023-11-01
Eritrea's Updated Export Policy on Energy Products
Eritrea introduced a policy update prioritizing domestic use of hydrocarbon mixtures and related energy products, imposing stricter export licensing requirements. This affects potential trade with the United States.
Date: 2023-07-15