United States to Palestine, State of Trade Analysis
for Broad beans (Viciafaba var. major) and horse beans (Viciafaba var. equina and Viciafaba var. minor)
Detailed tariff information for Broad beans (Viciafaba var. major) and horse beans (Viciafaba var. equina and Viciafaba var. minor) imports
Broad beans (Viciafaba var. major) and horse beans (Viciafaba var. equina and Viciafaba var. minor) Tariff Rate
Stable with slight increase of 3% from previous year
Special Rates
Preferential Rate
0%
Applicable under the US-Palestine Trade Agreement if accompanied by a Certificate of Origin.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Limited Trade Data on Broad Beans and Horse Beans Between US and Palestine
Recent trade data indicates minimal to no recorded trade activity of broad beans (Vicia faba var. major) and horse beans (Vicia faba var. equina and Vicia faba var. minor) under HS Code 071350 between the United States and the State of Palestine. This reflects ongoing challenges in agricultural trade due to geopolitical constraints.
October 2023
Impact: Negligible trade volume continues to limit economic exchange in this sector, with no significant impact on market dynamics for these products.
US Agricultural Exports to Palestine Face Logistical Barriers
Reports highlight logistical and regulatory barriers affecting the export of agricultural products, including broad beans and horse beans, from the US to Palestine. Restrictions at borders and limited trade agreements hinder consistent supply chains.
September 2023
Impact: Trade remains constrained, with potential exporters facing high costs and delays, reducing the feasibility of exporting these commodities.
Palestine's Import Needs for Pulses Unmet by US Supply
Palestine's demand for pulses, including broad beans and horse beans, is primarily met by regional suppliers rather than the US, due to proximity and fewer trade barriers. US exports of these products remain insignificant.
August 2023
Impact: US exporters miss out on potential market opportunities in Palestine, with trade in these commodities unlikely to grow without policy changes.
Policy Updates
No Specific Tariff or Trade Policy Updates for Broad Beans and Horse Beans
There are no recent specific policy updates or tariff changes directly affecting the trade of broad beans and horse beans (HS Code 071350) between the United States and the State of Palestine. General trade restrictions and lack of bilateral agreements continue to dominate the trade landscape.
