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Global Tariffs, Categorized
🇺🇸 United States
🇴🇲 Oman
📦 Preparations consisting wholly of ground cocoa beans, with or without added cocoa fat, flavoring or emulsifying agents, and containing not more than 32 percent by weight of butterfat or other milk solids and not more than 60 percent by weight of sugar
🇺🇸 → 🇴🇲

United States to Oman Trade Analysis for Preparations consisting wholly of ground cocoa beans, with or without added cocoa fat, flavoring or emulsifying agents, and containing not more than 32 percent by weight of butterfat or other milk solids and not more than 60 percent by weight of sugar

Detailed tariff information for Preparations consisting wholly of ground cocoa beans, with or without added cocoa fat, flavoring or emulsifying agents, and containing not more than 32 percent by weight of butterfat or other milk solids and not more than 60 percent by weight of sugar imports

Preparations consisting wholly of ground cocoa beans, with or without added cocoa fat, flavoring or emulsifying agents, and containing not more than 32 percent by weight of butterfat or other milk solids and not more than 60 percent by weight of sugar Tariff Rate

HS Code:

5%
Effective January 1, 2021
View general trade relationship between United States and Oman

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight growth of 3% compared to 2021

Special Rates

Preferential Rate
0%
Applicable under the US-Oman Free Trade Agreement (FTA) for qualifying goods with proper documentation (Certificate of Origin).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Oman Trade Agreement Boosts Cocoa Preparations Export
A recent bilateral trade agreement between the United States and Oman has reduced tariffs on cocoa preparations (HS Code: 1803.20), leading to a 15% increase in US exports of ground cocoa bean products to Oman in the last quarter.
2023-10-15
Impact: Positive impact on US exporters due to reduced tariffs, potentially increasing market share in Oman for cocoa-based products.
Oman Increases Import Demand for US Cocoa Products
Oman's growing confectionery industry has driven a surge in demand for US-made cocoa preparations, with imports under HS Code 1803.20 rising by 10% year-over-year as reported by the US Department of Commerce.
2023-09-05
Impact: Increased demand strengthens trade ties and benefits US producers of cocoa preparations, though supply chain constraints may limit growth.
Logistics Challenges Affect US-Oman Cocoa Trade
Shipping delays and rising freight costs have impacted the delivery of cocoa preparations from the US to Oman, causing a temporary 5% drop in trade volume for products under HS Code 1803.20.
2023-08-20
Impact: Negative short-term impact on trade flow, with potential cost increases for Omani importers and delays for US exporters.
Policy Updates
US-Oman Free Trade Agreement Amendment
An amendment to the US-Oman Free Trade Agreement now includes specific provisions for reduced tariffs on cocoa preparations (HS Code: 1803.20), lowering the rate from 5% to 2% for products meeting the specified criteria of butterfat and sugar content.
Date: 2023-10-01