A new bilateral trade agreement between the United States and Mongolia has facilitated an increase in the export of prepared sausage casings (HS Code: 050400) from the US to Mongolia, with a reported 20% rise in shipments this quarter.
2023-10-15
Impact: This agreement is expected to strengthen trade ties, increase US exports, and provide Mongolian meat processors with higher quality casing materials, potentially boosting their production capacity.
Mongolian Demand for US Sausage Casings Surges Amid Meat Industry Growth
Mongolia's expanding meat processing sector has led to a surge in demand for US-prepared sausage casings, with import volumes rising by 15% compared to last year, according to recent trade data.
2023-09-22
Impact: The increased demand is likely to benefit US suppliers, encouraging further investment in production and potentially leading to more competitive pricing for Mongolian buyers.
Logistics Challenges Impact US Sausage Casing Exports to Mongolia
Supply chain disruptions and increased shipping costs have temporarily slowed the export of prepared sausage casings from the US to Mongolia, causing delays in delivery schedules.
2023-08-10
Impact: These logistical issues may lead to short-term shortages in Mongolia, potentially increasing costs for local meat processors and prompting both countries to explore alternative shipping routes or solutions.
Policy Updates
US-Mongolia Tariff Reduction on Sausage Casings
The United States and Mongolia have agreed to reduce tariffs on prepared sausage casings (HS Code: 050400) by 5% as part of a broader trade facilitation initiative, effective from October 1, 2023. This aims to encourage trade in agricultural processing materials.
Date: 2023-10-01
Mongolia Implements New Import Standards for Sausage Casings
Mongolia has introduced stricter quality and safety standards for imported prepared sausage casings, requiring additional certification from US exporters to ensure compliance with local regulations, effective from July 15, 2023.
