EU-Australia Free Trade Agreement · Origin of Goods
To qualify for the EU-Australia preferential rate on HS 2704, products must satisfy the origin rule of type regional value content (RVC).
The good has a Regional Value Content (RVC) as calculated under Article 4 of the Origin Reference Document of not less than 40%, whether using the build-up method or build-down method (RVC40).
40% ex-worksCTH: All non-originating materials used in the production of the good have undergone a change in tariff classification at the 4-digit level (tariff heading).
Chemical reaction rule.
The EU imported 2.1 Md€ (Jan 2022 – Mar 2026) for this HS code, with Colombia as the main supplier.
EU Imports
2.1 Md€
EU Exports
3.9 Md€
Balance
1.8 Md€
Top supplying countries (extra-EU)