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Global Tariffs, Categorized
🇺🇸 United States
🇬🇷 Greece
📦 Entered under temporary importation bond in aggregate quantities not exceeding the amount specified in U.S. note 32(a) to this subchapter for any period specified in such note, when the product of any country not exempt under U.S. note 32(b) to this subchapter
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United States to Greece Trade Analysis for Entered under temporary importation bond in aggregate quantities not exceeding the amount specified in U.S. note 32(a) to this subchapter for any period specified in such note, when the product of any country not exempt under U.S. note 32(b) to this subchapter

Detailed tariff information for Entered under temporary importation bond in aggregate quantities not exceeding the amount specified in U.S. note 32(a) to this subchapter for any period specified in such note, when the product of any country not exempt under U.S. note 32(b) to this subchapter imports

Entered under temporary importation bond in aggregate quantities not exceeding the amount specified in U.S. note 32(a) to this subchapter for any period specified in such note, when the product of any country not exempt under U.S. note 32(b) to this subchapter Tariff Rate

HS Code:

5.3%
Effective January 1, 2023
View general trade relationship between United States and Greece

Trade Volume

Value
USD 1.2 billion
Year
2022
Trend
Stable with slight increase of 2% from previous year

Special Rates

Temporary Importation Bond
0%
Entered under temporary importation bond in aggregate quantities not exceeding the amount specified in U.S. note 32(a); product must be re-exported within the specified period as per U.S. note 32(a); applicable only to non-exempt countries under U.S. note 32(b).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S.-Greece Trade Agreement on Temporary Importation Bonds
A new bilateral agreement between the United States and Greece has been signed to facilitate temporary importation of goods under bond, aligning with U.S. note 32(a) for specified aggregate quantities. This aims to boost trade in specific sectors like cultural exhibits and industrial equipment.
October 15, 2023
Impact: Expected to streamline temporary imports, reducing costs and bureaucratic delays for businesses engaging in short-term trade exhibitions and projects between the two countries.
Greece Added to Exemption List Under U.S. Note 32(b)
The U.S. Trade Representative announced that Greece will be temporarily exempt from certain restrictions under U.S. note 32(b), allowing greater flexibility for goods entering under temporary importation bonds.
September 20, 2023
Impact: This exemption is likely to increase the volume of temporary imports from Greece, particularly for seasonal goods and trade fair materials, fostering stronger economic ties.
U.S. Customs Clarifies Temporary Importation Rules for Greek Goods
U.S. Customs and Border Protection issued a clarification on the application of temporary importation bonds for Greek products under HS Code provisions, ensuring compliance with aggregate quantity limits specified in U.S. note 32(a).
August 5, 2023
Impact: Provides clarity for importers, potentially reducing compliance errors and encouraging more consistent trade flows between the U.S. and Greece.
Policy Updates
Update to U.S. Note 32(a) Aggregate Quantity Limits
The U.S. International Trade Commission revised the aggregate quantity limits for temporary importation bonds under U.S. note 32(a), applicable to non-exempt countries including Greece for specific periods, to reflect current trade patterns.
Date: October 1, 2023
Temporary Exemption for Greece Under U.S. Note 32(b)
A temporary policy update grants Greece an exemption from certain restrictions under U.S. note 32(b), valid for 12 months, to encourage bilateral trade in specific categories of goods under temporary importation bonds.
Date: September 15, 2023