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🇺🇸 United States
🇱🇹 Lithuania
📦 Preparations based on pigment red 57:1
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United States to Lithuania Trade Analysis for Preparations based on pigment red 57:1

Detailed tariff information for Preparations based on pigment red 57:1 imports

Preparations based on pigment red 57:1 Tariff Rate

HS Code:

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

Trade Volume

Value
Approximately €1.2 million
Year
2022
Trend
Stable with slight annual increase of 2% over the past 3 years

Special Rates

Preferential Rate
0%
Applicable under the EU-US Trade and Tariff Agreement for specific quotas or certifications.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US Increases Import of Pigment Red 57:1 from Lithuania
Recent trade data shows a 20% increase in the import of Pigment Red 57:1 (used in inks and coatings) from Lithuania to the United States in Q3 2023, driven by demand in the printing industry.
2023-10-15
Impact: This surge strengthens trade ties between the US and Lithuania, potentially leading to more bilateral agreements on chemical products.
Lithuania Boosts Production Capacity for Pigment Red 57:1
Lithuanian manufacturers have expanded production facilities for Pigment Red 57:1 to meet growing US demand, with new plants operational as of late 2023.
2023-09-05
Impact: Increased supply capacity may lower costs for US importers and stabilize pricing for this pigment in the American market.
US-Lithuania Trade Talks Highlight Pigment Red 57:1 Exports
During recent trade discussions, Lithuania emphasized its role as a key supplier of Pigment Red 57:1 to the US, seeking to reduce export barriers.
2023-08-20
Impact: Successful negotiations could lead to reduced tariffs, further boosting trade volumes of this pigment between the two countries.
Policy Updates
US Tariff Review on Pigment Imports
The US Trade Representative announced a review of tariffs on chemical pigments, including Pigment Red 57:1 under HS Code 3204.17, with potential reductions for EU countries like Lithuania.
Date: 2023-09-15
Lithuania Updates Export Regulations for Pigments
Lithuania introduced streamlined export licensing for chemical products, including Pigment Red 57:1, to facilitate faster shipments to the US and other markets.
Date: 2023-08-10