Unavailable (limited data on specific HS code trade between US and Libya)
Year
2023
Trend
No significant trend data available for Sparklers (Class 1.4G)
Special Rates
Preferential Rate
0%
Applicable under specific trade agreements or for humanitarian purposes; requires documentation.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Limited Trade Activity for Sparklers Between US and Libya
Recent trade data indicates minimal to no recorded trade of Sparklers (Class 1.4G, HS Code 3604.10.90) between the United States and Libya in the past year, reflecting ongoing geopolitical and economic constraints.
October 2023
Impact: Trade remains stagnant due to limited diplomatic and commercial relations, with no significant exports or imports reported.
US Export Restrictions Impact Fireworks Trade
The US continues to enforce strict export controls on certain goods, including fireworks like Sparklers, to Libya due to security concerns and existing sanctions.
July 2023
Impact: Export of Sparklers from the US to Libya remains heavily restricted, limiting potential market opportunities.
Libya's Import Challenges for Consumer Fireworks
Libya's unstable economic situation and regulatory framework have led to reduced imports of non-essential goods, including consumer fireworks such as Sparklers, from the US and other countries.
April 2023
Impact: Demand for Sparklers in Libya is low, and trade with the US is nearly non-existent due to logistical and financial barriers.
Policy Updates
US Sanctions on Libya Remain in Place
The US Department of Commerce and OFAC maintain sanctions and export controls on Libya, affecting trade of various goods, including fireworks under HS Code 3604.10.90, due to ongoing security concerns.
Date: September 2023
Libyan Import Tariff Adjustments
Libya introduced revised import tariffs and restrictions on luxury and non-essential goods, which may include consumer fireworks like Sparklers, further complicating trade.
