US-Eswatini Trade Agreement Boosts Hydrocarbon Mixtures Trade
A new bilateral trade agreement between the United States and Eswatini has reduced tariffs on mixtures of hydrocarbons (HS Code: 2710.12.90) not elsewhere specified, containing not over 50% of any single hydrocarbon compound, facilitating increased exports from Eswatini to the US.
2023-10-15
Impact: This agreement is expected to increase trade volume of hydrocarbon mixtures, benefiting Eswatini exporters with better market access to the US.
US Imposes Temporary Quota on Hydrocarbon Imports from Eswatini
The US has introduced a temporary quota on imports of hydrocarbon mixtures under HS Code 2710.12.90 from Eswatini to manage domestic supply levels and protect local industries.
2023-09-01
Impact: The quota may restrict Eswatini's export volumes to the US in the short term, potentially affecting revenue for Eswatini producers.
Eswatini Enhances Production Capacity for Hydrocarbon Mixtures
Eswatini has invested in new refining infrastructure to increase production of hydrocarbon mixtures (HS Code: 2710.12.90), aiming to meet growing US demand under existing trade frameworks.
2023-08-20
Impact: This development could strengthen Eswatini's position as a key supplier to the US, potentially increasing export volumes if trade barriers remain low.
