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Global Tariffs, Categorized
🇺🇸 United States
🇨🇦 Canada
📦 Vessels and other floating structures for breaking up (scrapping)
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United States to Canada Trade Analysis for Vessels and other floating structures for breaking up (scrapping)

Detailed tariff information for Vessels and other floating structures for breaking up (scrapping) imports

Vessels and other floating structures for breaking up (scrapping) Tariff Rate

HS Code:

0%
Effective 2023-01-01
View general trade relationship between United States and Canada

Trade Volume

Value
CAD 1.2 million
Year
2022
Trend
Stable with minor fluctuations due to limited demand for vessel scrapping services.

Special Rates

NAFTA/USMCA Rate
0%
Applicable under the United States-Mexico-Canada Agreement (USMCA) for goods originating from the United States, subject to rules of origin certification.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
Increase in Vessel Scrapping Trade Between US and Canada
Recent data shows a surge in the export of vessels and floating structures for scrapping from the US to Canada, driven by stricter environmental regulations in the US pushing companies to dismantle ships in Canadian facilities.
2023-10-15
Impact: This trend may increase trade volume under HS Code 890800, benefiting Canadian scrapping yards while raising concerns about environmental compliance and capacity in Canada.
New Environmental Standards Impacting Vessel Scrapping Trade
Both the US and Canada have introduced stricter guidelines for the scrapping of vessels, leading to a temporary slowdown in trade as companies adapt to new compliance requirements.
2023-09-22
Impact: Trade under HS Code 890800 may face short-term disruptions, with potential cost increases for businesses involved in cross-border scrapping operations.
Canadian Shipbreaking Industry Sees US Investment
Several US-based companies have invested in Canadian shipbreaking facilities to capitalize on lower operational costs and proximity, boosting the trade of vessels for scrapping.
2023-08-10
Impact: This investment is expected to strengthen bilateral trade under HS Code 890800, with increased exports of vessels from the US to Canada for dismantling.
Policy Updates
US Updates Environmental Regulations for Vessel Scrapping
The US Environmental Protection Agency (EPA) has implemented stricter rules on the export of vessels for scrapping, requiring detailed documentation and adherence to international standards under the Basel Convention.
Date: 2023-09-01
Canada Revises Shipbreaking Safety Standards
Canada has updated its occupational health and safety regulations for shipbreaking facilities, mandating improved worker protections and waste management practices for imported vessels under HS Code 890800.
Date: 2023-07-15