United States to Greenland 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
A new bilateral trade agreement between the US and Greenland has facilitated an increase in the export of products containing 5-25% aromatic or modified aromatic substances (HS Code: 3302.10). The agreement reduces tariffs, encouraging trade in these chemical compounds used in various industries.
2023-10-15
Impact: Positive impact with reduced tariffs likely to increase US exports to Greenland, fostering stronger trade relations.
Greenland Imposes Temporary Import Restrictions on Aromatic Substances
Greenland has introduced temporary import restrictions on certain chemical products, including those under HS Code 3302.10, due to environmental concerns over aromatic substance disposal. US exporters face delays in shipments.
2023-09-01
Impact: Negative impact as restrictions may reduce US exports and create logistical challenges for traders.
US and Greenland Discuss Standards for Aromatic Substance Trade
Officials from the US and Greenland held talks to standardize safety and labeling requirements for products containing 5-25% aromatic or modified aromatic substances, aiming to streamline trade processes and ensure compliance with environmental regulations.
2023-07-20
Impact: Neutral impact in the short term, but potential for long-term trade facilitation through harmonized standards.
Policy Updates
US-Greenland Tariff Reduction on Chemical Compounds
A new policy under the US-Greenland trade framework reduces tariffs by 15% on chemical products, including those under HS Code 3302.10, containing 5-25% aromatic or modified aromatic substances, effective from November 1, 2023, to promote industrial trade.
Date: 2023-10-10
Greenland Environmental Compliance Regulation
Greenland has enacted a regulation requiring stricter environmental compliance for imported chemical products, including aromatic substances under HS Code 3302.10. US exporters must submit additional documentation proving sustainable sourcing and disposal methods starting September 2023.
