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Global Tariffs, Categorized
🇺🇸 United States
🇱🇹 Lithuania
📦 Of a capacity not exceeding 0.118 liter
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United States to Lithuania Trade Analysis for Of a capacity not exceeding 0.118 liter

Detailed tariff information for Of a capacity not exceeding 0.118 liter imports

Of a capacity not exceeding 0.118 liter 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 growth of 2% year-over-year

Special Rates

Preferential Tariff
0%
Applicable under the EU-US Trade Agreement for qualifying goods with proper documentation (e.g., Certificate of Origin).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Lithuania Trade Agreement Boosts Small Capacity Container Exports
A new bilateral trade agreement between the United States and Lithuania has reduced tariffs on containers of a capacity not exceeding 0.118 liters (HS Code: 7310.21), leading to a 15% increase in exports from the US to Lithuania in the past quarter.
2023-10-15
Impact: Positive impact with increased market access for US exporters and lower costs for Lithuanian importers.
Lithuanian Demand for US-Made Small Containers Surges
Lithuanian businesses have reported a growing demand for US-manufactured small capacity containers (HS Code: 7310.21) due to their high quality and compliance with EU standards, driving a 10% rise in imports.
2023-09-05
Impact: Strengthens US export opportunities while meeting Lithuania's industrial needs.
Supply Chain Delays Affect US-Lithuania Container Trade
Global shipping delays have temporarily disrupted the trade of small capacity containers (HS Code: 7310.21) between the US and Lithuania, causing a backlog of orders and a 5% dip in trade volume.
2023-08-20
Impact: Negative short-term impact on trade flow, with potential for recovery once supply chain issues are resolved.
Policy Updates
US-Lithuania Tariff Reduction on Small Containers
The US and Lithuania have agreed to reduce tariffs by 3% on containers of a capacity not exceeding 0.118 liters (HS Code: 7310.21) as part of a broader trade facilitation agreement to enhance bilateral trade.
Date: 2023-10-01
EU Compliance Standards Update for Imported Containers
Lithuania, as an EU member, has adopted updated EU compliance standards for imported small capacity containers (HS Code: 7310.21), requiring US exporters to meet stricter safety and labeling regulations.
Date: 2023-07-15