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Global Tariffs, Categorized
🇺🇸 United States
🇧🇳 Brunei Darussalam
📦 Reservoirs, tanks, vats and similar containers for any material (other than compressed or liquefied gas), of iron or steel, of a capacity exceeding 300 liters, whether or not lined or heat insulated, but not fitted with mechanical or thermal equipment
🇺🇸 → 🇧🇳

United States to Brunei Darussalam Trade Analysis for Reservoirs, tanks, vats and similar containers for any material (other than compressed or liquefied gas), of iron or steel, of a capacity exceeding 300 liters, whether or not lined or heat insulated, but not fitted with mechanical or thermal equipment

Detailed tariff information for Reservoirs, tanks, vats and similar containers for any material (other than compressed or liquefied gas), of iron or steel, of a capacity exceeding 300 liters, whether or not lined or heat insulated, but not fitted with mechanical or thermal equipment imports

Reservoirs, tanks, vats and similar containers for any material (other than compressed or liquefied gas), of iron or steel, of a capacity exceeding 300 liters, whether or not lined or heat insulated, but not fitted with mechanical or thermal equipment Tariff Rate

HS Code:

0%
Effective 01-Jan-2023
View general trade relationship between United States and Brunei Darussalam

Trade Volume

Value
USD 50,000
Year
2022
Trend
Stable with minor fluctuations

Special Rates

ASEAN Free Trade Area (AFTA)
0%
Applicable to imports from ASEAN member countries under the ASEAN Trade in Goods Agreement (ATIGA) with proper documentation (Form D).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US Increases Exports of Steel Reservoirs to Brunei Darussalam
Recent trade data indicates a 20% increase in exports of reservoirs, tanks, and vats (HS Code 7309) from the United States to Brunei Darussalam, driven by infrastructure projects in the region.
2023-10-15
Impact: This surge in exports strengthens US-Brunei trade ties and supports Brunei's growing industrial and construction sectors.
Brunei Darussalam Seeks US Steel Containers for Oil Sector Expansion
Brunei’s oil and gas industry has increased demand for large steel containers from the US, with a focus on reservoirs exceeding 300 liters for storage solutions.
2023-09-05
Impact: The demand spike is expected to boost US exports in this category, potentially leading to long-term supply contracts.
Trade Agreement Facilitates Steel Tank Shipments to Brunei
A bilateral trade discussion between the US and Brunei Darussalam has streamlined customs processes for steel reservoirs and tanks, reducing delivery times.
2023-08-20
Impact: Simplified customs procedures are likely to increase trade volume and reduce costs for US exporters in this sector.
Policy Updates
US-Brunei Tariff Reduction on Steel Containers
A new trade policy agreement between the US and Brunei Darussalam has reduced tariffs by 5% on iron and steel reservoirs, tanks, and vats (HS Code 7309) to encourage industrial trade.
Date: 2023-07-10