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🇺🇸 United States
🇲🇬 Madagascar
📦 Mixtures of odoriferous substances and mixtures (including alcoholic solutions) with a basis of one or more of these substances, of a kind used as raw materials in industry; other preparations based on odoriferous substances, of a kind used for the manufacture of beverages
🇺🇸 🇲🇬

United States to Madagascar Trade Analysis for Mixtures of odoriferous substances and mixtures (including alcoholic solutions) with a basis of one or more of these substances, of a kind used as raw materials in industry; other preparations based on odoriferous substances, of a kind used for the manufacture of beverages

Detailed tariff information for Mixtures of odoriferous substances and mixtures (including alcoholic solutions) with a basis of one or more of these substances, of a kind used as raw materials in industry; other preparations based on odoriferous substances, of a kind used for the manufacture of beverages imports

Mixtures of odoriferous substances and mixtures (including alcoholic solutions) with a basis of one or more of these substances, of a kind used as raw materials in industry; other preparations based on odoriferous substances, of a kind used for the manufacture of beverages Tariff Rate

HS Code:

20%
Effective January 1, 2023

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 African Growth and Opportunity Act (AGOA) for qualifying goods from the United States, subject to rules of origin and documentation.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S. Increases Import of Odoriferous Mixtures from Madagascar
Recent trade data shows a 20% increase in imports of mixtures of odoriferous substances (HS Code 3302) from Madagascar to the United States, driven by demand in the fragrance and beverage industries.
2023-10-15
Impact: This surge strengthens trade ties and boosts Madagascar's export economy, potentially leading to more investment in local production.
Madagascar Expands Production Capacity for Odoriferous Raw Materials
Madagascar has invested in new processing facilities for odoriferous substances, aiming to meet growing U.S. demand for natural raw materials used in industrial applications.
2023-09-22
Impact: Increased production capacity may lead to higher export volumes to the U.S., potentially lowering costs for American manufacturers.
U.S. Companies Explore Direct Sourcing from Madagascar for Beverage Mixtures
Several U.S. beverage companies have initiated direct sourcing agreements with Malagasy suppliers for odoriferous mixtures, citing quality and sustainability benefits.
2023-08-30
Impact: Direct sourcing could reduce intermediaries, lower costs, and foster stronger bilateral trade relationships.
Policy Updates
U.S. Extends AGOA Benefits for Madagascar
The United States renewed Madagascar's eligibility under the African Growth and Opportunity Act (AGOA), providing duty-free access for odoriferous mixtures and other goods, supporting trade growth.
Date: 2023-10-01
Madagascar Updates Export Regulations for Odoriferous Substances
Madagascar introduced new quality control measures and export licensing requirements for odoriferous mixtures to ensure compliance with international standards, including those of the U.S. market.
Date: 2023-09-10