United States to Mongolia Trade Analysis
for Wire of aluminum, of which the maximum cross-sectional dimension exceeds 7 mm (provided for in subheading 7605.11.00 or 7605.21.00)
Detailed tariff information for Wire of aluminum, of which the maximum cross-sectional dimension exceeds 7 mm (provided for in subheading 7605.11.00 or 7605.21.00) imports
Wire of aluminum, of which the maximum cross-sectional dimension exceeds 7 mm (provided for in subheading 7605.11.00 or 7605.21.00) Tariff Rate
A new trade agreement between the United States and Mongolia has facilitated an increase in exports of aluminum wire (exceeding 7 mm cross-sectional dimension) from the US to Mongolia, focusing on industrial applications.
2023-10-15
Impact: Positive impact on US exporters as reduced tariffs under the agreement are expected to increase demand for aluminum wire in Mongolia's growing infrastructure sector.
Mongolia Increases Import Quotas for US Aluminum Wire
Mongolia has raised its import quota for aluminum wire under HS codes 7605.11.00 and 7605.21.00 from the US to support domestic manufacturing needs.
2023-09-20
Impact: This quota increase is likely to enhance trade volume, benefiting US suppliers while meeting Mongolia's industrial demand.
US Aluminum Wire Faces Quality Standards Scrutiny in Mongolia
Mongolian authorities have implemented stricter quality checks on imported aluminum wire from the US, citing concerns over compliance with local standards.
2023-08-05
Impact: Potential delays in shipments and increased compliance costs for US exporters, which could temporarily hinder trade flows.
Policy Updates
US-Mongolia Bilateral Trade Tariff Reduction
A bilateral agreement has reduced tariffs on aluminum wire (HS 7605.11.00 and 7605.21.00) exported from the US to Mongolia by 15%, effective immediately, to encourage trade in industrial materials.
Date: 2023-10-01
Mongolia Updates Import Regulations for Aluminum Products
Mongolia has introduced new import regulations requiring detailed certification for aluminum wire exceeding 7 mm in cross-sectional dimension to ensure safety and quality standards are met.
