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Hydraulic brake fluids and other prepared liquids for hydraulic transmission, not containing or containing less than 70 percent by weight of petroleum oils or oils obtained from bituminous minerals
United States to Morocco Trade Analysis
for Hydraulic brake fluids and other prepared liquids for hydraulic transmission, not containing or containing less than 70 percent by weight of petroleum oils or oils obtained from bituminous minerals
Detailed tariff information for Hydraulic brake fluids and other prepared liquids for hydraulic transmission, not containing or containing less than 70 percent by weight of petroleum oils or oils obtained from bituminous minerals imports
Hydraulic brake fluids and other prepared liquids for hydraulic transmission, not containing or containing less than 70 percent by weight of petroleum oils or oils obtained from bituminous minerals Tariff Rate
Under the US-Morocco Free Trade Agreement, exports of hydraulic brake fluids (HS Code 381900) from the US to Morocco have seen a 12% increase in the last quarter due to reduced tariffs and streamlined customs processes.
2023-10-15
Impact: Positive impact on US exporters as lower tariffs enhance competitiveness of hydraulic fluids in the Moroccan market.
Morocco Increases Demand for US Hydraulic Transmission Liquids
Morocco's growing automotive sector has led to a surge in demand for US-made hydraulic transmission liquids, with trade data showing a 15% year-on-year rise in imports under HS Code 381900.
2023-09-20
Impact: Increased demand strengthens trade ties and boosts US export volumes to Morocco in this category.
Recent global shipping delays have affected the timely delivery of hydraulic brake fluids from the US to Morocco, causing temporary supply shortages in the Moroccan market.
2023-08-05
Impact: Negative short-term impact on trade flow, potentially increasing costs for Moroccan importers due to delays.
Policy Updates
Renewal of US-Morocco Free Trade Agreement Clauses
The US and Morocco have renewed specific clauses of their Free Trade Agreement, maintaining zero tariffs on hydraulic brake fluids and transmission liquids (HS Code 381900) to encourage bilateral trade.
