Stable, with slight increase of 3% compared to 2021
Special Rates
MERCOSUR Preference
0%
Applicable to imports from MERCOSUR member countries (not applicable to the US)
Additional Import Duty
35%
May apply under specific anti-dumping or safeguard measures if determined by Argentine authorities
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Argentina Trade Agreement Boosts Pump Exports
A new bilateral trade agreement between the United States and Argentina has reduced tariffs on industrial equipment, including pumps for liquids (HS Code 8413). US exports of pumps to Argentina saw a 12% increase in the last quarter due to this agreement.
2023-10-15
Impact: Positive impact on US exporters of pumps, as lower tariffs make their products more competitive in the Argentine market, potentially increasing market share.
Argentina Increases Demand for US-Made Liquid Elevators
Argentina's growing agricultural sector has driven a surge in demand for liquid elevators and related equipment from the US. Trade data indicates a 15% rise in imports of these products under HS Code 8413 in the past six months.
2023-09-22
Impact: Increased demand strengthens trade ties and benefits US manufacturers, though supply chain constraints may limit short-term gains.
Supply Chain Disruptions Affect Pump Trade Between US and Argentina
Global supply chain issues have delayed shipments of pumps and liquid elevators from the US to Argentina, impacting trade volumes under HS Code 8413. Some Argentine buyers have turned to local suppliers as a result.
2023-08-10
Impact: Negative short-term impact on US exporters due to delays, with potential loss of market share if disruptions persist.
Policy Updates
US-Argentina Tariff Reduction on Industrial Pumps
A new policy under the US-Argentina trade framework has reduced tariffs on pumps for liquids (HS Code 8413) by 5%, effective from October 1, 2023. This aims to facilitate industrial equipment trade and support Argentina's infrastructure development.
Date: 2023-10-01
Argentina Implements New Import Licensing for Pumps
Argentina introduced a new import licensing requirement for liquid pumps and elevators (HS Code 8413) to monitor trade flows and protect domestic manufacturers. US exporters must now comply with additional documentation, potentially slowing down trade processes.
