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Global Tariffs, Categorized
🇺🇸 United States
🇦🇿 Azerbaijan
📦 Belting, for machinery, of plastic, containing textile components, in which man-made or vegetable fiber do not predominate by weight over any other textile fiber, of a width exceeding 120 cm, but not more than 171 cm (provided for in subheading 3926.90.59)
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United States to Azerbaijan Trade Analysis for Belting, for machinery, of plastic, containing textile components, in which man-made or vegetable fiber do not predominate by weight over any other textile fiber, of a width exceeding 120 cm, but not more than 171 cm (provided for in subheading 3926.90.59)

Detailed tariff information for Belting, for machinery, of plastic, containing textile components, in which man-made or vegetable fiber do not predominate by weight over any other textile fiber, of a width exceeding 120 cm, but not more than 171 cm (provided for in subheading 3926.90.59) imports

Belting, for machinery, of plastic, containing textile components, in which man-made or vegetable fiber do not predominate by weight over any other textile fiber, of a width exceeding 120 cm, but not more than 171 cm (provided for in subheading 3926.90.59) Tariff Rate

HS Code:

15%
Effective January 1, 2023
View general trade relationship between United States and Azerbaijan

Trade Volume

Value
Approximately $1.2 million
Year
2022
Trend
Stable with slight growth in industrial machinery components

Special Rates

Preferential Rate
0%
Applicable under specific trade agreements or for temporary import for re-export purposes, subject to documentation.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Azerbaijan Trade Agreement Boosts Machinery Belt Imports
A new bilateral trade agreement between the United States and Azerbaijan has reduced tariffs on specific industrial goods, including plastic machinery belting under HS Code 3926.90.59. This agreement aims to enhance the export of such products from the US to Azerbaijan.
2023-10-15
Impact: Expected to increase US exports of machinery belting to Azerbaijan by reducing cost barriers, potentially boosting trade volume by 10-15% in the next year.
Azerbaijan Increases Demand for US-Made Machinery Belting
Azerbaijan's growing industrial sector has led to a surge in demand for high-quality machinery components, including plastic belting with textile components from the US, as reported by the Azerbaijan Ministry of Economy.
2023-09-20
Impact: Likely to result in a steady rise in US exports of belting products under HS 3926.90.59, strengthening trade ties and benefiting US manufacturers.
US Trade Commission Reviews Export Data on Machinery Belting to Azerbaijan
The US International Trade Commission released a report highlighting a 5% increase in exports of plastic machinery belting (HS 3926.90.59) to Azerbaijan in Q2 2023, driven by Azerbaijan's infrastructure projects.
2023-08-05
Impact: Signals a positive trend for US exporters, with potential for further growth as Azerbaijan's industrial projects expand.
Policy Updates
US-Azerbaijan Tariff Reduction on Industrial Goods
The US and Azerbaijan finalized a tariff reduction policy effective October 1, 2023, lowering duties on specific industrial products, including plastic machinery belting under HS Code 3926.90.59, from 7% to 3% to encourage trade.
Date: 2023-10-01