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Global Tariffs, Categorized

🇺🇸 United States
🇧🇭 Bahrain
📦 Bars and rods, other than those obtained simply by sintering, profiles, plates, sheets, strip and foil
🇺🇸 🇧🇭

United States to Bahrain Trade Analysis for Bars and rods, other than those obtained simply by sintering, profiles, plates, sheets, strip and foil

Detailed tariff information for Bars and rods, other than those obtained simply by sintering, profiles, plates, sheets, strip and foil imports

Bars and rods, other than those obtained simply by sintering, profiles, plates, sheets, strip and foil Tariff Rate

HS Code:

5%
Effective January 1, 2023

Trade Volume

Value
USD 12.5 million
Year
2022
Trend
Increasing by 8% compared to 2021

Special Rates

Preferential Rate
0%
Applicable under the US-Bahrain Free Trade Agreement (USBFTA) for qualifying goods with proper documentation and origin certification.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Bahrain Trade Agreement Boosts Metal Exports
Under the US-Bahrain Free Trade Agreement, exports of bars, rods, profiles, plates, sheets, strip, and foil from the US to Bahrain have seen a 12% increase in the last quarter due to reduced tariffs.
2023-10-15
Impact: This increase strengthens US metal industry exports to Bahrain, fostering stronger bilateral trade ties and potentially increasing market share for US manufacturers.
Bahrain Increases Demand for US Metal Products
Bahrain's construction boom has led to a surge in demand for US-manufactured bars, rods, and sheets, with a reported 8% rise in imports over the past six months.
2023-09-20
Impact: The growing demand could lead to higher export volumes for US companies, though supply chain constraints may pose challenges.
Logistics Challenges Impact US-Bahrain Metal Trade
Recent disruptions in global shipping have delayed deliveries of metal products like plates and foil from the US to Bahrain, affecting project timelines in the region.
2023-08-05
Impact: Delays may temporarily reduce trade efficiency and increase costs for both US exporters and Bahraini importers, potentially impacting future contracts.
Policy Updates
Extension of US-Bahrain Free Trade Agreement Benefits
The US and Bahrain have agreed to extend specific tariff exemptions under the US-Bahrain Free Trade Agreement for metal products including bars, rods, and sheets, ensuring duty-free access for another two years.
Date: 2023-07-10