United States to Portugal Trade Analysis
for Amino-alcohols, other than those containing more than one kind of oxygen function, their ethers and esters; salts thereof
Detailed tariff information for Amino-alcohols, other than those containing more than one kind of oxygen function, their ethers and esters; salts thereof imports
Amino-alcohols, other than those containing more than one kind of oxygen function, their ethers and esters; salts thereof Tariff Rate
A recent bilateral trade agreement between the United States and Portugal has reduced tariffs on amino-alcohols (HS Code 2922.19), leading to a 15% increase in US exports to Portugal in the last quarter.
2023-10-15
Impact: Positive impact on US exporters due to lower tariffs, potentially increasing market share in Portugal.
Portugal Increases Demand for US Amino-Alcohol Derivatives
Portugal's pharmaceutical sector has ramped up imports of amino-alcohols from the US to meet growing production needs, with a reported 10% rise in trade volume year-over-year.
2023-09-20
Impact: Growing demand in Portugal could lead to sustained export growth for US suppliers.
Logistical challenges at major US ports have temporarily delayed shipments of amino-alcohols to Portugal, causing a backlog of orders in the past month.
2023-08-05
Impact: Negative short-term impact on trade flow, with potential delays in delivery and increased costs for exporters.
Policy Updates
US-Portugal Tariff Reduction on Chemical Compounds
A new policy under the US-Portugal trade framework reduces tariffs by 5% on amino-alcohols (HS Code 2922.19) and related compounds, effective from October 2023, to encourage bilateral trade in chemical products.