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Taps, cocks, valves and similar appliances, for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves; parts thereof
United States to Colombia Trade Analysis
for Taps, cocks, valves and similar appliances, for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves; parts thereof
Detailed tariff information for Taps, cocks, valves and similar appliances, for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves; parts thereof imports
Taps, cocks, valves and similar appliances, for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves; parts thereof Tariff Rate
Applicable under the U.S.-Colombia Trade Promotion Agreement (TPA) for qualifying goods with proper documentation (Certificate of Origin).
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Colombia Trade Agreement Boosts Valve Exports
Under the US-Colombia Trade Promotion Agreement, exports of taps, cocks, valves, and similar appliances (HS Code 8481) from the US to Colombia have seen a 12% increase in the last quarter due to reduced tariffs.
2023-10-15
Impact: Positive impact on US exporters as lower tariffs enhance competitiveness in the Colombian market, potentially increasing market share for American manufacturers of valves and related products.
Colombian Demand for Industrial Valves Surges
Colombia's growing industrial sector, particularly in oil and gas, has led to a spike in demand for pressure-reducing and thermostatically controlled valves, with the US as a key supplier under favorable trade terms.
2023-09-20
Impact: Increased demand is likely to benefit US exporters, strengthening bilateral trade ties and encouraging long-term contracts for valve supply chains.
Supply Chain Disruptions Affect Valve Imports in Colombia
Recent global supply chain issues have delayed shipments of taps, cocks, and valves from the US to Colombia, causing temporary shortages in key industries.
2023-08-05
Impact: Negative short-term impact on trade flow, with potential cost increases for Colombian importers and delays in industrial projects reliant on these components.
Policy Updates
Extension of US-Colombia Trade Promotion Agreement Benefits for HS 8481
The US and Colombia have agreed to extend specific tariff reductions under the US-Colombia Trade Promotion Agreement for industrial goods, including taps, cocks, valves, and similar appliances (HS Code 8481), to support mutual economic growth.
