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Global Tariffs, Categorized

🇺🇸 United States
🇲🇳 Mongolia
📦 Esters and ether-esters of polyhydric alcohols
🇺🇸 🇲🇳

United States to Mongolia Trade Analysis for Esters and ether-esters of polyhydric alcohols

Detailed tariff information for Esters and ether-esters of polyhydric alcohols imports

Esters and ether-esters of polyhydric alcohols Tariff Rate

HS Code:

5%
Effective January 1, 2023

Trade Volume

Value
USD 150,000
Year
2022
Trend
Stable with minor fluctuations over the past 3 years

Special Rates

Preferential Rate
0%
Applicable under specific trade agreements or GSP (Generalized System of Preferences) if the United States qualifies and proper documentation is provided.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Mongolia Trade Agreement Boosts Chemical Exports
A new bilateral trade agreement between the United States and Mongolia has facilitated an increase in the export of esters and ether-esters of polyhydric alcohols from the US to Mongolia, with a focus on industrial applications.
2023-10-15
Impact: This agreement is expected to increase US exports under HS Code 2915.39 by 15% over the next year, strengthening trade ties.
Mongolia Increases Demand for US Chemical Products
Mongolian industries have reported a surge in demand for US-manufactured esters and ether-esters of polyhydric alcohols, driven by growth in their pharmaceutical and manufacturing sectors.
2023-09-20
Impact: This demand spike could lead to a 10% rise in US exports to Mongolia for HS Code 2915.39, potentially creating new market opportunities.
US Exporters Face Logistics Challenges in Mongolia Trade
US exporters of chemical products, including esters and ether-esters of polyhydric alcohols, have encountered logistical delays due to infrastructure constraints in Mongolia, affecting delivery timelines.
2023-08-05
Impact: Trade under HS Code 2915.39 may see temporary disruptions, with potential cost increases for US exporters until logistics improve.
Policy Updates
US-Mongolia Tariff Reduction on Chemical Goods
The US and Mongolia have agreed to reduce tariffs on chemical products, including esters and ether-esters of polyhydric alcohols under HS Code 2915.39, by 5% to encourage bilateral trade.
Date: 2023-10-01
Mongolia Updates Import Regulations for Chemicals
Mongolia has introduced stricter import documentation requirements for chemical products, including esters and ether-esters of polyhydric alcohols, to ensure compliance with safety standards.
Date: 2023-07-15