EU-Mexico Global Agreement (FTA part) · Origin of Goods
To qualify for the EU-Mexico preferential rate on HS 2902, products must satisfy the origin rule of type specific processing (SP). A tolerance of 10% of the ex-works value applies. 2 specific rules apply to this code under this agreement.
Operations of refining and / or one or more specific process(es). For the special conditions relating to 'specific processes' see introductory notes 7.1 and 7.3.
Other operations in which all the materials used are classified within a heading other than that of the product. However, materials classified within the same heading may be used provided their value does not exceed 50% of the ex-works price of the product.
50% ex-worksManufacture in which all the materials used are classified within a heading other than that of the product. However, materials classified within the same heading may be used provided their value does not exceed 20% of the ex-works price of the product.
20% ex-worksManufacture in which the value of all the materials used does not exceed 40% of the ex-works price of the product.
40% ex-worksThe EU imported 10.8 Md€ (Jan 2022 – Mar 2026) for this HS code, with Saudi Arabia as the main supplier.
EU Imports
10.8 Md€
EU Exports
5.2 Md€
Balance
5.6 Md€
Top supplying countries (extra-EU)