US-Sweden Trade Agreement Boosts Chemical Exports
A new bilateral trade agreement between the US and Sweden has reduced tariffs on chemical products, including maleic acid and its derivatives (HS Code: 291719). This is expected to increase exports of these compounds from the US to Sweden.
2023-10-15
Impact: Positive impact on US exporters of maleic acid, succinic acid, and related derivatives, with lower tariffs facilitating increased trade volume to Sweden.
Sweden Increases Demand for US-Derived Glutaric Acid
Swedish pharmaceutical and industrial sectors have shown rising demand for glutaric acid derived from cyclopentanone, leading to a 15% increase in imports from the US in the last quarter.
2023-09-22
Impact: Increased demand is likely to benefit US producers of glutaric acid derivatives, strengthening trade ties with Sweden.
Supply Chain Disruptions Affect Adipic Acid Derivative Exports
Logistical challenges in the US have temporarily slowed the export of adipic acid derivatives to Sweden, causing delays in shipments under HS Code 291719.
2023-08-10
Impact: Negative short-term impact on trade flow, with potential delays and increased costs for Swedish importers relying on US suppliers.