US-Uganda Trade Agreement Boosts Glass Imports
A recent bilateral trade agreement between the United States and Uganda has reduced tariffs on glass products under HS Code 7003, 7004, and 7005, leading to a surge in exports of worked glass from Uganda to the US.
2023-10-15
Impact: This agreement is expected to increase Ugandan glass exports to the US by 15% in the next year, benefiting Ugandan manufacturers and US importers seeking cost-effective worked glass products.
Ugandan Glass Producers Eye US Market Expansion
Ugandan glass producers specializing in bent and edge-worked glass (HS 7003-7005) showcased their products at a US trade fair, securing preliminary deals with American construction firms.
2023-09-22
Impact: The exposure is likely to result in a steady increase in demand for Ugandan worked glass in the US, potentially doubling export volumes over the next two years.
Logistics Challenges Impact US-Uganda Glass Trade
Supply chain disruptions have delayed shipments of worked glass products (HS 7003-7005) from Uganda to the US, causing temporary shortages for US buyers in the construction sector.
2023-08-10
Impact: The delays may lead to a short-term decline in trade volume, with US buyers potentially seeking alternative suppliers if logistics issues persist.