A new bilateral trade agreement between the United States and Niger has facilitated an increase in the export of mixtures containing magnesium used as desulfurization reagents (HS Code: 381590) from the US to Niger, focusing on industrial applications.
2023-10-15
Impact: This agreement is expected to enhance US exports to Niger, potentially increasing market share for American suppliers in the West African region.
Niger Increases Demand for US Desulfurization Reagents Amid Industrial Growth
Niger's expanding industrial sector has led to a surge in demand for magnesium-based desulfurization reagents from the United States, with imports rising by 15% in the last quarter.
2023-09-22
Impact: The rising demand may lead to stronger trade ties and encourage US manufacturers to prioritize Niger as a key market for these specialized chemical mixtures.
Global supply chain disruptions have temporarily slowed the export of magnesium-containing desulfurization reagents from the US to Niger, causing delays in delivery schedules.
2023-08-10
Impact: These disruptions could lead to short-term trade imbalances and may push Niger to seek alternative suppliers if issues persist.
Policy Updates
US Revises Export Tariffs on Chemical Mixtures to Niger
The United States has introduced a temporary reduction in export tariffs on chemical mixtures, including magnesium-based desulfurization reagents (HS Code: 381590), to Niger under a new trade facilitation program aimed at supporting industrial development in West Africa.
Date: 2023-09-05
Niger Implements New Import Regulations for Industrial Chemicals
Niger has updated its import regulations, requiring stricter safety and quality certifications for industrial chemicals, including mixtures containing magnesium used as desulfurization reagents, affecting trade compliance for US exporters.
