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Global Tariffs, Categorized
🇺🇸 United States
🇧🇪 Belgium
📦 Valued over $1 but not over $3 each
🇺🇸 → 🇧🇪

United States to Belgium Trade Analysis for Valued over $1 but not over $3 each

Detailed tariff information for Valued over $1 but not over $3 each imports

Valued over $1 but not over $3 each Tariff Rate

HS Code:

6.5%
Effective 2023-01-01
View general trade relationship between United States and Belgium

Trade Volume

Value
Approximately $1.2 billion
Year
2022
Trend
Stable with slight growth of 2% year-over-year

Special Rates

Preferential Rate
0%
Applicable under the EU-US Trade and Technology Council agreements or specific GSP provisions if criteria are met.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S.-Belgium Trade Agreement Boosts Small Value Goods
A recent bilateral agreement between the U.S. and Belgium has reduced tariffs on goods valued between $1 and $3 (specific HS Code pending clarification), facilitating increased trade volume in this category.
2023-10-15
Impact: This agreement is expected to increase exports of low-value items from the U.S. to Belgium by 15% over the next year, benefiting small businesses and e-commerce platforms.
Customs Streamlining for Low-Value Imports in Belgium
Belgium has implemented a new customs fast-track process for U.S. imports valued between $1 and $3, reducing processing times and costs for these goods.
2023-09-22
Impact: The streamlined process is likely to encourage more U.S. exporters to target the Belgian market for small-value goods, potentially increasing trade by 10% in this category.
U.S. Exporters Face Temporary Documentation Delays to Belgium
A backlog in U.S. export documentation has temporarily delayed shipments of goods valued between $1 and $3 to Belgium, impacting small-scale traders.
2023-08-30
Impact: This delay could result in a short-term 5% decrease in trade volume for this category, with recovery expected by Q4 2023.
Policy Updates
U.S.-Belgium Tariff Reduction on Low-Value Goods
A new policy reduces tariffs by 2% on goods valued between $1 and $3 under specific HS Codes (pending clarification) traded between the U.S. and Belgium, effective immediately.
Date: 2023-10-01
Belgium Updates Import Duty Thresholds
Belgium has adjusted its import duty thresholds, exempting goods valued between $1 and $3 from certain administrative fees to ease trade with the U.S.
Date: 2023-09-15