Stable with slight increase due to industrial demand
Special Rates
Preferential Rate
0%
Applicable under specific trade agreements or if imported for industrial use with proper documentation and approval.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Nigeria Trade Agreement Boosts Chemical Exports
A new bilateral trade agreement between the United States and Nigeria has reduced barriers for the export of halogenated derivatives of acyclic hydrocarbons (HS Code: 2903.39). This includes compounds containing two or more different halogens, facilitating smoother market access for US exporters.
2023-10-15
Impact: Expected to increase US exports to Nigeria by easing tariffs and regulatory hurdles, potentially raising trade volume by 15% in the next year.
Nigeria Imposes Stricter Import Standards on Chemical Compounds
Nigeria's Standards Organisation has introduced new compliance requirements for imported halogenated hydrocarbon derivatives (HS Code: 2903.39), affecting US shipments. The regulations focus on environmental safety and proper labeling.
2023-09-20
Impact: May cause delays in US exports to Nigeria due to additional certification processes, potentially increasing costs for exporters by 5-10%.
US Chemical Industry Eyes Nigerian Market Growth
A recent report by the US Chamber of Commerce highlights Nigeria as an emerging market for halogenated derivatives of acyclic hydrocarbons (HS Code: 2903.39). US companies are exploring partnerships to meet rising industrial demand in Nigeria.
2023-08-05
Impact: Likely to encourage investment and long-term trade growth, with a projected increase in US exports to Nigeria by 8% over the next two years.
Policy Updates
US Trade Promotion Authority Extends Chemical Export Incentives
The US government has extended tax incentives and export promotion programs for chemical products, including halogenated derivatives of acyclic hydrocarbons (HS Code: 2903.39), to strengthen trade ties with African markets like Nigeria.
Date: 2023-10-01
Nigeria Updates Import Duty Structure for Chemical Compounds
Nigeria's Customs Service revised import duties on halogenated hydrocarbon derivatives (HS Code: 2903.39), introducing a tiered tariff system based on environmental impact assessments of the compounds.
