US-Gibraltar Trade Agreement Influences Titanium Exports
A new bilateral trade agreement between the United States and Gibraltar has led to a slight increase in titanium exports, including waste and scrap (HS Code: 8108), from the US to Gibraltar, focusing on streamlined customs processes.
2023-10-15
Impact: This agreement is expected to facilitate smoother trade flows, potentially increasing US titanium exports to Gibraltar by reducing bureaucratic delays, though volumes remain small due to Gibraltar's limited industrial demand.
Gibraltar's Demand for Titanium Scrap Rises Amid Recycling Initiatives
Gibraltar has shown a marginal uptick in importing titanium scrap from the United States as part of a broader recycling and sustainability initiative, with US suppliers benefiting from consistent demand.
2023-09-22
Impact: This trend may lead to a steady, albeit niche, market for US titanium scrap exporters, though overall trade volume remains low due to Gibraltar's small market size.
US Export Restrictions Impact Titanium Shipments to Gibraltar
Recent US export controls on strategic materials, including titanium (HS Code: 8108), have caused a temporary dip in shipments to smaller markets like Gibraltar, as priority is given to domestic needs and larger trade partners.
2023-08-10
Impact: Trade in titanium and related articles between the US and Gibraltar may face short-term reductions, with potential delays in shipments and increased costs for compliance.
