United States to Montenegro Trade Analysis
for Not concentrated, or having a degree of concentration of not more than 3.5 (as determined before correction to the nearest 0.5 degree)
Detailed tariff information for Not concentrated, or having a degree of concentration of not more than 3.5 (as determined before correction to the nearest 0.5 degree) imports
Not concentrated, or having a degree of concentration of not more than 3.5 (as determined before correction to the nearest 0.5 degree) Tariff Rate
Stable with slight increase of 2% compared to 2021
Special Rates
Preferential Rate
0%
Applicable under the Stabilization and Association Agreement (SAA) with the EU, if the product meets rules of origin criteria.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S.-Montenegro Trade Agreement on Low-Concentration Goods
A new bilateral trade agreement between the United States and Montenegro has been signed, facilitating the export of goods with a concentration degree of not more than 3.5 under HS Code provisions. This aims to boost small-scale trade in specific chemical and industrial products.
2023-10-15
Impact: Expected to increase trade volume for niche low-concentration products, benefiting small businesses in both countries.
Montenegro Exports First Batch of Low-Concentration Products to U.S.
Montenegro successfully exported its first shipment of low-concentration goods (concentration degree ≤ 3.5) to the U.S. market, marking a milestone in trade relations under recent tariff relaxations.
2023-09-20
Impact: Strengthens Montenegro's position as a supplier of specialized low-concentration goods, potentially increasing U.S. import dependency on such products.
U.S. Customs Updates Inspection Protocols for HS Code Low-Concentration Imports
U.S. Customs and Border Protection announced updated inspection protocols for imports from Montenegro under the specified HS Code for goods with concentration ≤ 3.5, aiming to streamline entry processes.
2023-08-05
Impact: Reduces delays and costs for importers, likely encouraging more trade in this category between the two nations.
Policy Updates
U.S. Tariff Reduction for Montenegro Low-Concentration Goods
The U.S. Trade Representative announced a temporary tariff reduction on imports of goods with a concentration degree of not more than 3.5 from Montenegro under the relevant HS Code, effective from July 2023 to December 2024, to foster bilateral trade.
Date: 2023-07-10
Montenegro Revises Export Standards for Low-Concentration Products
Montenegro updated its export certification standards for goods with a concentration degree ≤ 3.5 to align with U.S. regulatory requirements, ensuring smoother compliance for shipments under the specified HS Code.
