Stable with minor fluctuations over the past 3 years
Special Rates
Preferential Rate
0%
Applicable under Mercosur agreements if specific origin criteria are met and proper documentation is provided.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Increases Import of Floating Structures from Argentina
Recent trade data shows a 20% increase in the import of other floating structures, including buoys and beacons, from Argentina to the United States in Q3 2023, driven by demand in coastal infrastructure projects.
2023-10-15
Impact: This surge strengthens trade ties between the U.S. and Argentina, potentially leading to more consistent demand for Argentine maritime equipment.
Argentine Exporters Face Logistics Challenges in U.S. Trade
Argentine suppliers of floating structures like rafts and landing-stages have reported delays in shipments to the U.S. due to port congestion and rising shipping costs.
2023-09-05
Impact: These logistical issues may temporarily reduce the volume of exports to the U.S., increasing costs for American buyers and potentially affecting project timelines.
New U.S. Contracts Boost Argentine Floating Tank Exports
A major U.S. energy company signed a multi-million-dollar contract with an Argentine manufacturer for the supply of floating tanks, marking a significant boost in bilateral trade.
2023-08-20
Impact: This deal is expected to increase Argentina's export revenue and could pave the way for long-term partnerships in the energy sector.
Policy Updates
U.S. Tariff Adjustment on Floating Structures
The U.S. Department of Commerce announced a slight reduction in tariffs on imported floating structures (HS Code 8907.90) from Argentina, aiming to support domestic infrastructure projects while maintaining fair trade practices.
Date: 2023-07-10
Argentina Introduces Export Incentives for Maritime Equipment
The Argentine government rolled out tax incentives for exporters of floating structures to encourage production and competitiveness in international markets, including the U.S.