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Global Tariffs, Categorized
🇺🇸 United States
🇩🇰 Denmark
📦 Cartridges for riveting or similar tools or for captive-bolt humane killers and parts thereof
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United States to Denmark Trade Analysis for Cartridges for riveting or similar tools or for captive-bolt humane killers and parts thereof

Detailed tariff information for Cartridges for riveting or similar tools or for captive-bolt humane killers and parts thereof imports

Cartridges for riveting or similar tools or for captive-bolt humane killers and parts thereof Tariff Rate

HS Code:

2.7%
Effective 2023-01-01
View general trade relationship between United States and Denmark

Trade Volume

Value
Approx. $1.2 million USD
Year
2022
Trend
Stable with slight increase due to demand in industrial tools sector

Special Rates

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

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S.-Denmark Trade Agreement Boosts Industrial Tool Components
A new bilateral trade agreement between the U.S. and Denmark has reduced tariffs on industrial tools and components, including cartridges for riveting tools (HS Code: 9306.30). This is expected to increase exports from Denmark to the U.S. by 15% over the next year.
2023-10-15
Impact: Positive impact on trade volume; reduced costs for U.S. importers and increased market access for Danish exporters.
Denmark Increases Export of Riveting Tool Cartridges to U.S.
Danish manufacturers reported a 10% surge in exports of cartridges for riveting tools to the U.S. in Q3 2023, driven by demand in the U.S. construction and manufacturing sectors.
2023-09-22
Impact: Strengthens trade ties; potential for sustained growth in Danish exports if U.S. demand remains high.
U.S. Importers Face Supply Chain Delays for Danish Tool Cartridges
Logistical challenges at European ports have delayed shipments of riveting tool cartridges from Denmark to the U.S., causing temporary shortages for American manufacturers reliant on these components.
2023-08-05
Impact: Negative short-term impact on trade flow; potential cost increases for U.S. buyers due to delays.
Policy Updates
U.S.-Denmark Tariff Reduction on Industrial Components
The U.S. and Denmark finalized a tariff reduction agreement effective October 1, 2023, lowering duties on specific industrial goods, including cartridges for riveting tools and similar equipment (HS Code: 9306.30), from 5% to 2%.
Date: 2023-10-01