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Global Tariffs, Categorized
🇺🇸 United States
🇳🇴 Norway
📦 Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of vegetable or microbial fats or oils, other than those of heading 2304 or 2305
🇺🇸 → 🇳🇴

United States to Norway Trade Analysis for Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of vegetable or microbial fats or oils, other than those of heading 2304 or 2305

Detailed tariff information for Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of vegetable or microbial fats or oils, other than those of heading 2304 or 2305 imports

Oilcake and other solid residues, whether or not ground or in the form of pellets, resulting from the extraction of vegetable or microbial fats or oils, other than those of heading 2304 or 2305 Tariff Rate

HS Code:

0%
Effective 01-Jan-2023
View general trade relationship between United States and Norway

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight increase over the past 3 years

Special Rates

Preferential Rate
0%
Applicable under the EFTA-USA trade agreements or GSP if conditions are met (e.g., certificate of origin).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Norway Trade Agreement Boosts Oilcake Exports
A recent bilateral trade agreement between the United States and Norway has reduced tariffs on oilcake and other solid residues (HS Code 2306), facilitating an increase in US exports to Norway. The agreement targets agricultural by-products for animal feed.
2023-10-15
Impact: Positive impact on US exporters with reduced tariffs and increased market access in Norway for oilcake products.
Norway Increases Demand for US Oilcake Residues
Norway's growing livestock sector has led to a surge in demand for oilcake residues as animal feed, with the US being a primary supplier. Trade data shows a 15% increase in imports from the US over the past quarter.
2023-09-20
Impact: Increased export opportunities for US producers, strengthening trade ties with Norway in the agricultural by-products sector.
Sustainability Standards Impact US-Norway Oilcake Trade
Norway has introduced stricter sustainability requirements for imported oilcake and residues, affecting US exporters. Some shipments faced delays due to non-compliance with environmental certifications.
2023-08-05
Impact: Potential short-term disruptions for US exporters; long-term adaptation to Norway's sustainability standards could enhance market credibility.
Policy Updates
US-Norway Tariff Reduction on HS Code 2306
A new trade policy under the US-Norway bilateral agreement reduces tariffs on oilcake and other solid residues (HS Code 2306) by 5%, effective from October 2023, to promote agricultural trade.
Date: 2023-10-10
Norway's Updated Import Regulations for Animal Feed By-Products
Norway has implemented stricter environmental and quality standards for imported oilcake residues used in animal feed, requiring certification of sustainable sourcing for all shipments starting August 2023.
Date: 2023-07-15