United States to Mongolia Trade Analysis
for Other forms (for example, rods, tubes and profile shapes) and articles (for example, discs and rings), of unvulcanized rubber
Detailed tariff information for Other forms (for example, rods, tubes and profile shapes) and articles (for example, discs and rings), of unvulcanized rubber imports
Other forms (for example, rods, tubes and profile shapes) and articles (for example, discs and rings), of unvulcanized rubber Tariff Rate
A new bilateral trade agreement between the United States and Mongolia has reduced tariffs on unvulcanized rubber products, including rods, tubes, and profile shapes, leading to an increase in exports from the US to Mongolia.
2023-10-15
Impact: Positive impact; expected to increase US exports of unvulcanized rubber products to Mongolia by 15% over the next year due to lower tariffs.
Mongolia Increases Demand for US-Made Unvulcanized Rubber Articles
Mongolian industries, particularly in construction and manufacturing, have shown rising demand for US-produced unvulcanized rubber discs and rings, prompting new supply contracts with American firms.
2023-09-20
Impact: Positive impact; strengthens trade ties and increases US export volumes of specialized rubber articles to Mongolia.
Recent disruptions in shipping routes have delayed deliveries of unvulcanized rubber products from the US to Mongolia, causing temporary shortages in Mongolian markets.
2023-08-05
Impact: Negative impact; potential short-term reduction in trade volume due to logistical bottlenecks, though expected to resolve within months.
Policy Updates
US-Mongolia Tariff Reduction on Rubber Products
The US and Mongolia have agreed to reduce tariffs on unvulcanized rubber products under HS Code 4006, effective immediately, to encourage trade in industrial materials.
