United States to Lithuania Trade Analysis for Piperidine and its salts

Detailed tariff information for Piperidine and its salts imports

Piperidine and its salts 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

Applicable under the EU-US Trade and Tariff Agreement for qualifying goods with proper documentation (Form EUR.1 or invoice declaration).

Additional Information

No additional information available.

Last updated: 1 year ago

News and Updates

Recent News

Increase in Piperidine Exports from Lithuania to the United States

Recent trade data indicates a 20% increase in Piperidine and its salts (HS Code: 2933.32) exports from Lithuania to the United States in Q3 2023, driven by rising demand in the U.S. pharmaceutical sector.

2023-10-15

Impact: This surge may strengthen bilateral trade ties and encourage further investment in chemical manufacturing in Lithuania.

U.S. Importers Report Quality Concerns with Lithuanian Piperidine Shipments

Several U.S. importers have raised concerns over inconsistent quality in Piperidine shipments from Lithuania, prompting calls for stricter quality control measures.

2023-09-05

Impact: Potential delays in shipments and increased scrutiny could temporarily disrupt trade flows and raise costs for importers.

Lithuania Boosts Piperidine Production Capacity for U.S. Market

A major Lithuanian chemical manufacturer announced a $10 million investment to expand Piperidine production, targeting the growing U.S. market for pharmaceutical intermediates.

2023-08-20

Impact: Increased supply capacity could lead to more competitive pricing and higher export volumes to the United States.

Policy Updates

U.S. Updates Tariff Classification for Piperidine Imports

The U.S. Customs and Border Protection issued a clarification on the tariff classification of Piperidine and its salts under HS Code 2933.32, aiming to streamline import processes and reduce classification errors.

Date: 2023-07-10

Lithuania Aligns Chemical Export Regulations with EU Standards

Lithuania has updated its chemical export regulations to fully comply with EU REACH standards, which may affect documentation and compliance requirements for Piperidine exports to the United States.

Date: 2023-06-15

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