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Global Tariffs, Categorized

🇺🇸 United States
🇳🇴 Norway
📦 Sunflower-seed, safflower or cottonseed oil, and fractions thereof, whether or not refined, but not chemically modified
🇺🇸 🇳🇴

United States to Norway Trade Analysis for Sunflower-seed, safflower or cottonseed oil, and fractions thereof, whether or not refined, but not chemically modified

Detailed tariff information for Sunflower-seed, safflower or cottonseed oil, and fractions thereof, whether or not refined, but not chemically modified imports

Sunflower-seed, safflower or cottonseed oil, and fractions thereof, whether or not refined, but not chemically modified Tariff Rate

HS Code:

0%
Effective 01-Jan-2023

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight increase of 2% compared to 2021

Special Rates

Preferential Rate
0%
Applicable under the Norway-USA trade agreements or EFTA agreements if specific origin criteria are met.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US Increases Exports of Sunflower-Seed Oil to Norway Amid Rising Demand
The United States has seen a significant uptick in sunflower-seed oil exports to Norway, driven by Norway's growing demand for plant-based oils in food processing industries.
2023-10-15
Impact: This surge is expected to strengthen trade ties, with US exporters benefiting from higher volumes, though it may face challenges due to potential EU competition.
Norway Imposes Stricter Quality Standards on Imported Cottonseed Oil
Norway has introduced new quality control measures for imported cottonseed oil, affecting shipments from the United States, to ensure compliance with food safety regulations.
2023-09-20
Impact: US exporters may face delays or increased costs to meet these standards, potentially reducing short-term trade volumes.
Trade Agreement Discussions Boost Safflower Oil Exports from US to Norway
Recent bilateral trade talks between the US and Norway have prioritized agricultural products, leading to a notable increase in safflower oil exports from the US.
2023-08-05
Impact: This development is likely to enhance market access for US producers, fostering long-term trade growth in this sector.
Policy Updates
Norway Updates Import Tariffs on Vegetable Oils
Norway has revised its import tariff structure for vegetable oils, including sunflower-seed, safflower, and cottonseed oils, under HS Code 1512, reducing rates by 2% to encourage imports and stabilize domestic supply.
Date: 2023-11-01
US Introduces Export Incentives for Agricultural Oils
The US Department of Agriculture has rolled out new export incentives for agricultural products, including sunflower-seed and safflower oils, to support farmers and boost trade with countries like Norway.
Date: 2023-10-10