US-Pakistan Trade Agreement Boosts Malt Extract Imports
A recent bilateral trade agreement between the US and Pakistan has reduced tariffs on malt extract and related food preparations (HS Code 1901), leading to a 15% increase in exports from Pakistan to the US in the last quarter.
2023-10-15
Impact: This agreement is expected to strengthen trade ties, increase Pakistani exports of malt extract products, and provide US consumers with more affordable food preparations.
US Importers Seek Pakistani Malt Extract Suppliers Amid Supply Chain Shifts
Due to global supply chain disruptions, US importers are increasingly turning to Pakistani suppliers for malt extract and flour-based food preparations, with a reported 10% rise in inquiries over the past six months.
2023-09-20
Impact: This shift could lead to long-term partnerships, boosting Pakistan's export market share in the US for HS Code 1901 products.
Pakistan Enhances Quality Standards for Malt Extract Exports to US
Pakistan's government has introduced stricter quality control measures for malt extract and related food preparations to meet US FDA standards, aiming to increase trust and demand in the American market.
2023-08-05
Impact: Improved quality standards are likely to enhance Pakistan’s reputation as a reliable supplier, potentially increasing export volumes to the US.
