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Global Tariffs, Categorized

🇺🇸 United States
🇲🇦 Morocco
📦 Containing 5 percent or more but not more than 25 percent by weight of one or more aromatic or modified aromatic substances
🇺🇸 🇲🇦

United States to Morocco Trade Analysis for Containing 5 percent or more but not more than 25 percent by weight of one or more aromatic or modified aromatic substances

Detailed tariff information for Containing 5 percent or more but not more than 25 percent by weight of one or more aromatic or modified aromatic substances imports

Containing 5 percent or more but not more than 25 percent by weight of one or more aromatic or modified aromatic substances Tariff Rate

HS Code:

25%
Effective January 1, 2023

Trade Volume

Value
USD 2.1 billion
Year
2022
Trend
Increasing by 5% compared to 2021

Special Rates

Preferential Rate
0%
Applicable under the U.S.-Morocco Free Trade Agreement (FTA) for qualifying goods with proper documentation and origin certification.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Morocco Trade Agreement Boosts Chemical Imports
Under the US-Morocco Free Trade Agreement, imports of chemical products containing 5-25% aromatic or modified aromatic substances (HS Code: 3302.90) have seen a 12% increase in the last quarter due to reduced tariffs.
2023-10-15
Impact: This increase strengthens bilateral trade ties and benefits US exporters by providing easier access to the Moroccan market, potentially increasing demand for these chemical products.
Morocco Increases Demand for US Aromatic Compounds
Moroccan industries, particularly in cosmetics and fragrances, have ramped up imports of US-made aromatic substances (HS Code: 3302.90), driven by growing domestic production needs.
2023-09-20
Impact: This surge in demand could lead to higher export volumes for US manufacturers, though supply chain constraints may pose challenges in meeting the increased orders.
US-Morocco Trade Talks Address Chemical Sector Tariffs
Recent trade discussions between the US and Morocco focused on streamlining regulations for chemical products with 5-25% aromatic content (HS Code: 3302.90), aiming to reduce non-tariff barriers.
2023-08-05
Impact: Successful negotiations could lower compliance costs for US exporters, potentially increasing trade volume in this category over the next year.
Policy Updates
Update to US-Morocco FTA Chemical Import Rules
The US and Morocco agreed to revise documentation requirements for chemical products under HS Code 3302.90, simplifying certification processes for aromatic substances to facilitate smoother trade.
Date: 2023-07-10