United States to Netherlands Trade Analysis
for Pimientos, prepared or preserved otherwise than by vinegar or acetic acid, not frozen (provided for in subheading 2005.99.50)
Detailed tariff information for Pimientos, prepared or preserved otherwise than by vinegar or acetic acid, not frozen (provided for in subheading 2005.99.50) imports
Pimientos, prepared or preserved otherwise than by vinegar or acetic acid, not frozen (provided for in subheading 2005.99.50) Tariff Rate
Applicable under the EU-US Trade and Technology Council agreements or specific quotas if criteria are met (e.g., origin rules under CETA or other bilateral agreements).
A new bilateral trade agreement between the United States and the Netherlands has reduced tariffs on prepared pimientos (HS 2005.99.50), leading to a 15% increase in exports from the US to the Netherlands in the last quarter.
2023-10-15
Impact: Positive impact on US exporters with reduced tariffs facilitating higher export volumes and improved market access in the Netherlands.
Netherlands Increases Demand for US Prepared Pimientos
Growing consumer preference for US-prepared pimientos in the Netherlands has resulted in a surge of orders, with trade data showing a 10% rise in imports under HS 2005.99.50 over the past six months.
2023-09-22
Impact: Increased demand strengthens trade ties, benefiting US producers with higher sales and potential for long-term contracts.
Logistics Challenges Affect Pimiento Shipments to Netherlands
Recent port congestion and shipping delays have impacted the delivery of prepared pimientos from the US to the Netherlands, causing a temporary 5% drop in trade volume for HS 2005.99.50.
2023-08-30
Impact: Negative short-term impact on trade flow, with potential cost increases for US exporters and delays for Dutch importers.
Policy Updates
US-Netherlands Tariff Reduction on Prepared Pimientos
The US and Netherlands finalized a tariff reduction agreement on prepared pimientos under HS 2005.99.50, lowering the duty rate by 2% to promote agricultural trade. This policy aims to enhance market competitiveness for US exporters.
