Stable with slight decline due to geopolitical tensions and sanctions
Special Rates
Preferential Rate
0%
Applicable under specific agreements or for certain quota-limited imports; requires documentation proving origin or purpose (e.g., industrial use).
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Imposes Additional Sanctions on Russian Chemical Exports Including Silicones
The United States has expanded sanctions on Russian chemical exports, including silicones in primary forms (HS Code: 3910), as part of broader measures to curb Russia's industrial capabilities amid ongoing geopolitical tensions.
2023-10-15
Impact: This is likely to significantly reduce or halt the trade of silicones in primary forms from Russia to the U.S., pushing U.S. buyers to seek alternative suppliers, potentially increasing costs and disrupting supply chains.
Russia Retaliates with Export Restrictions on Silicones to the U.S.
In response to U.S. sanctions, Russia has imposed export controls on various chemical products, including silicones in primary forms, targeting the U.S. market to limit access to critical industrial materials.
2023-11-02
Impact: These restrictions further strain U.S.-Russia trade relations, likely causing shortages or delays for U.S. industries reliant on Russian silicones, while Russia may lose a key export market.
U.S. Companies Seek Alternative Suppliers for Silicones Amid Russia Trade Barriers
With ongoing trade disruptions between the U.S. and Russia, American companies are actively seeking alternative sources for silicones in primary forms, turning to markets in Europe and Asia to meet demand.
2023-11-10
Impact: This shift may lead to higher import costs and longer lead times for U.S. businesses, but it could also diversify supply chains and reduce dependence on Russian exports in the long term.
Policy Updates
U.S. Department of Commerce Expands Export Controls on Russian Chemical Goods
The U.S. Department of Commerce announced tightened export controls and import restrictions on various Russian chemical products, including silicones in primary forms (HS Code: 3910), under the Export Administration Regulations (EAR) to limit Russia's access to critical technologies and materials.
Date: 2023-10-14
Russia Implements Export Licensing for Silicones to Western Countries
The Russian government has introduced a mandatory licensing regime for the export of silicones in primary forms to the United States and other Western countries, citing national security and economic protection as key reasons for the policy.