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Global Tariffs, Categorized
🇺🇸 United States
🇧🇬 Bulgaria
📦 Conveyor belting of vulcanized rubber, reinforced with textile components in which man-made fibers predominate by weight over any other single textile fiber, of a width exceeding 120 cm but not over 171 cm (provided for in subheading 4010.12.50)
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United States to Bulgaria Trade Analysis for Conveyor belting of vulcanized rubber, reinforced with textile components in which man-made fibers predominate by weight over any other single textile fiber, of a width exceeding 120 cm but not over 171 cm (provided for in subheading 4010.12.50)

Detailed tariff information for Conveyor belting of vulcanized rubber, reinforced with textile components in which man-made fibers predominate by weight over any other single textile fiber, of a width exceeding 120 cm but not over 171 cm (provided for in subheading 4010.12.50) imports

Conveyor belting of vulcanized rubber, reinforced with textile components in which man-made fibers predominate by weight over any other single textile fiber, of a width exceeding 120 cm but not over 171 cm (provided for in subheading 4010.12.50) Tariff Rate

HS Code:

2.1%
Effective January 1, 2023
View general trade relationship between United States and Bulgaria

Trade Volume

Value
Approximately $1.2 million
Year
2022
Trend
Stable with slight increase of 3% compared to 2021

Special Rates

Preferential Rate
0%
Applicable under the EU-US Trade Agreement for qualifying goods with proper documentation (e.g., Certificate of Origin).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S. Increases Imports of Conveyor Belting from Bulgaria
Recent trade data shows a 12% increase in U.S. imports of conveyor belting of vulcanized rubber (HS 4010.12.50) from Bulgaria in Q3 2023, driven by demand in the manufacturing sector.
2023-10-15
Impact: This surge may strengthen trade ties between the U.S. and Bulgaria, potentially leading to more consistent orders and investment in Bulgarian production capacity.
Bulgaria Enhances Export Capabilities for Conveyor Belting
Bulgarian manufacturers of conveyor belting reinforced with man-made fibers have upgraded facilities to meet U.S. quality standards, boosting exports to the American market.
2023-09-22
Impact: Improved production standards could result in higher U.S. demand, increasing Bulgaria's share in the U.S. market for this specific product category.
U.S.-Bulgaria Trade Talks Highlight Industrial Goods
During recent bilateral trade discussions, both nations focused on industrial goods, including conveyor belting under HS 4010.12.50, as a key area for cooperation.
2023-08-30
Impact: These talks may lead to reduced trade barriers, facilitating smoother and potentially increased trade flows of conveyor belting between the two countries.
Policy Updates
U.S. Tariff Review on Industrial Rubber Products
The U.S. Trade Representative announced a review of tariffs on certain industrial rubber products, including conveyor belting under HS 4010.12.50, which may affect imports from Bulgaria. A decision is expected by early 2024.
Date: 2023-11-01
Bulgaria Aligns with EU Export Regulations
Bulgaria has adopted new EU export compliance standards for industrial goods, including conveyor belting, which may streamline documentation and certification processes for shipments to the U.S.
Date: 2023-10-05