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Global Tariffs, Categorized
🇺🇸 United States
🇱🇹 Lithuania
📦 In a saline solution
🇺🇸 → 🇱🇹

United States to Lithuania Trade Analysis for In a saline solution

Detailed tariff information for In a saline solution imports

In a saline solution Tariff Rate

HS Code:

6.5%
Effective 2023-01-01
View general trade relationship between United States and Lithuania

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight increase of 2% compared to 2021

Special Rates

Preferential Rate
0%
Applicable under the EU-US Trade and Technology Council agreements or specific quotas

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Lithuania Trade Agreement Boosts Saline Solution Exports
A new bilateral trade agreement between the United States and Lithuania has reduced barriers for saline solution (HS Code: 2501.00) exports, leading to a 15% increase in US shipments to Lithuania in the last quarter.
2023-10-15
Impact: Positive impact on US exporters with reduced tariffs and increased market access in Lithuania.
Lithuania Imposes Temporary Quality Checks on US Saline Imports
Lithuania has introduced mandatory quality inspections for saline solution imports from the US due to recent concerns over compliance with EU standards, causing delays at ports.
2023-09-22
Impact: Negative short-term impact with potential delays and increased costs for US exporters.
US Increases Saline Solution Supply to Lithuania Amid Regional Demand Surge
Rising demand for medical-grade saline solutions in Eastern Europe has led to a 20% surge in US exports to Lithuania, strengthening trade ties.
2023-08-10
Impact: Positive impact with growing demand driving higher export volumes from the US.
Policy Updates
US-Lithuania Trade Tariff Reduction on Saline Solutions
The US and Lithuania finalized a tariff reduction policy on saline solutions (HS Code: 2501.00), lowering duties by 5% to encourage trade and support healthcare supply chains.
Date: 2023-10-01
Lithuania Aligns Saline Import Standards with EU Regulations
Lithuania updated its import standards for saline solutions to align with stricter EU health and safety regulations, requiring additional documentation from US exporters.
Date: 2023-09-15