US-Zambia Trade Agreement Boosts Chemical Exports
A new bilateral trade agreement between the United States and Zambia has facilitated an increase in the export of sorted chemicals (not containing lead, cadmium, or mercury) under HS Code 2804.80. The agreement reduces tariffs by 15% on these goods.
2023-10-15
Impact: This is expected to increase US exports of these chemicals to Zambia by 20% over the next year, fostering stronger trade ties.
Zambia Increases Demand for US Chemical Products
Zambia's growing industrial sector has led to a surge in demand for US-sourced sorted chemicals under HS Code 2804.80, with a reported 10% increase in imports from the US in Q3 2023.
2023-09-22
Impact: This rising demand is likely to strengthen US-Zambia trade relations and encourage US chemical manufacturers to target the Zambian market.
US-Zambia Trade Forum Highlights Chemical Sector Growth
At the recent US-Zambia Trade Forum, both nations discussed expanding trade in sorted chemicals (HS Code 2804.80), emphasizing sustainable and safe chemical products free of hazardous materials like lead, cadmium, and mercury.
2023-08-05
Impact: The focus on this sector is expected to promote investment in safe chemical production and increase bilateral trade volume in the coming years.
