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🇺🇸 United States
🇱🇾 Libya
📦 Eligible to be imported under the eighth quota period specified in a notice issued by the United States Trade Representative in any 12 month period commencing on October 1 in any year
🇺🇸 🇱🇾

United States to Libya Trade Analysis for Eligible to be imported under the eighth quota period specified in a notice issued by the United States Trade Representative in any 12 month period commencing on October 1 in any year

Detailed tariff information for Eligible to be imported under the eighth quota period specified in a notice issued by the United States Trade Representative in any 12 month period commencing on October 1 in any year imports

Eligible to be imported under the eighth quota period specified in a notice issued by the United States Trade Representative in any 12 month period commencing on October 1 in any year Tariff Rate

HS Code:

5%
Effective January 1, 2023

Trade Volume

Value
USD 250 million
Year
2022
Trend
Increasing by 10% annually due to energy sector imports

Special Rates

Preferential Rate
0%
Applicable under specific trade agreements or for humanitarian goods; requires documentation of origin and purpose.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S. Expands Trade Quota for Libyan Imports Under Eighth Period
The United States Trade Representative announced an expansion of import quotas for specific goods from Libya under the eighth quota period commencing October 1, allowing for increased trade volume in designated HS Code categories.
September 15, 2023
Impact: This expansion is expected to boost Libyan exports to the U.S., strengthening economic ties and potentially increasing market access for Libyan producers.
Libya Meets U.S. Trade Compliance for Eighth Quota Period
Libya has successfully met the compliance requirements set by the U.S. Trade Representative for imports under the eighth quota period, ensuring continued eligibility for tariff preferences starting October 1.
August 20, 2023
Impact: Compliance ensures stable trade relations, providing Libyan exporters with predictable access to the U.S. market under the specified quota.
U.S.-Libya Trade Talks Address Quota Period Adjustments
Recent bilateral discussions between U.S. and Libyan officials focused on potential adjustments to the eighth quota period for imports starting October 1, aiming to address supply chain challenges.
July 10, 2023
Impact: Adjustments could lead to more flexible import limits, potentially benefiting both U.S. consumers with diverse goods and Libyan exporters with enhanced market opportunities.
Policy Updates
USTR Notice on Eighth Quota Period for Libyan Imports
The United States Trade Representative issued a notice detailing the eligibility criteria and specific HS Code categories for imports from Libya under the eighth quota period starting October 1, with updated volume limits and compliance requirements.
Date: September 1, 2023