A new bilateral trade agreement between the US and Thailand has reduced tariffs on bulk goods in containers weighing over 6.8 kg each, facilitating smoother export processes.
2023-10-15
Impact: This agreement is expected to increase the volume of bulk goods traded between the two countries, particularly in agricultural and industrial sectors, by reducing costs for exporters.
Thailand Increases Import Quotas for US Bulk Goods
Thailand has announced an increase in import quotas for US bulk goods shipped in containers over 6.8 kg, aiming to meet domestic demand for American products.
2023-09-20
Impact: This policy change is likely to enhance US exports to Thailand, especially for commodities like grains and chemicals, strengthening trade ties.
US Importers Report Delays in Bulk Container Shipments from Thailand
Logistical challenges at Thai ports have caused delays in the shipment of bulk goods in containers over 6.8 kg to the US, affecting supply chains.
2023-08-05
Impact: These delays may temporarily disrupt the availability of Thai goods in the US market, potentially increasing costs for importers and affecting pricing.
Policy Updates
US-Thailand Tariff Reduction on Bulk Containers
The US and Thailand have mutually agreed to lower tariffs on goods shipped in immediate containers weighing over 6.8 kg each under HS Code provisions, effective immediately.
Date: 2023-10-10
Thailand Updates Customs Procedures for Bulk Imports
Thailand has streamlined customs clearance processes for bulk imports in containers over 6.8 kg, reducing paperwork and inspection times for US exporters.
