GSP Imports Relied Heavily on Mineral Oils
Created on September 10, 2014
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In 1996, mineral oils comprised a tiny share of GSP imports, but by 2008 they grew to 35 percent of the total. Later when mineral oils tumbled, so did the overall value of GSP imports.
Source: U.S. International Trade Commission, USITC Interactive Tariff and Trade DataWeb, http://dataweb.usitc.gov/ (accessed July 22, 2014).
CHART 2 • BG 2942
Tags: generalized-system-preferences, GSP, imports, mineral-oils