Minimal data available (estimated less than $100,000 USD)
Year
2022
Trend
Stable with low volume
Special Rates
Preferential Rate
N/A
No specific preferential agreements between the United States and Andorra for this HS Code category.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S.-Andorra Trade Agreement on Machinery Parts
A new bilateral agreement has been signed between the United States and Andorra to facilitate trade in machinery parts under HS Code provisions, including those specified in additional U.S. note 9.
2023-10-15
Impact: This agreement is expected to reduce tariffs and streamline customs processes, potentially increasing trade volume of these parts between the two nations.
Export Surge of U.S. Machinery Parts to Andorra
Recent data shows a 15% increase in exports of machinery parts specified in additional U.S. note 9 from the U.S. to Andorra over the past quarter.
2023-09-20
Impact: The surge indicates growing demand in Andorra, which could lead to stronger trade ties and potential for further market expansion for U.S. exporters.
Andorra Implements New Import Standards for U.S. Parts
Andorra has introduced stricter quality control measures for imported machinery parts from the U.S., aligning with international safety standards.
2023-08-05
Impact: U.S. exporters may face additional compliance costs and delays, potentially affecting the competitiveness of these parts in the Andorran market.
Policy Updates
U.S. Tariff Adjustment for Machinery Parts under Note 9
The U.S. has adjusted tariffs on specific machinery parts under additional U.S. note 9 to this chapter, reducing rates by 2% for imports from Andorra to encourage reciprocal trade benefits.
Date: 2023-10-01
Andorra's Revised Import Duty Structure
Andorra updated its import duty structure, imposing a temporary 5% surcharge on certain machinery parts to protect domestic industries, which may include items under U.S. note 9 classifications.
