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Global Tariffs, Categorized
🇺🇸 United States
🇪🇨 Ecuador
📦 Belting, for machinery, of plastic, containing textile components, in which man-made or vegetable fiber do not predominate by weight over any other textile fiber, of a width exceeding 120 cm, but not more than 171 cm (provided for in subheading 3926.90.59)
🇺🇸 → 🇪🇨

United States to Ecuador Trade Analysis for Belting, for machinery, of plastic, containing textile components, in which man-made or vegetable fiber do not predominate by weight over any other textile fiber, of a width exceeding 120 cm, but not more than 171 cm (provided for in subheading 3926.90.59)

Detailed tariff information for Belting, for machinery, of plastic, containing textile components, in which man-made or vegetable fiber do not predominate by weight over any other textile fiber, of a width exceeding 120 cm, but not more than 171 cm (provided for in subheading 3926.90.59) imports

Belting, for machinery, of plastic, containing textile components, in which man-made or vegetable fiber do not predominate by weight over any other textile fiber, of a width exceeding 120 cm, but not more than 171 cm (provided for in subheading 3926.90.59) Tariff Rate

HS Code:

15%
Effective January 1, 2023
View general trade relationship between United States and Ecuador

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight increase of 3% from previous year

Special Rates

Preferential Rate under US-Andean Trade Promotion and Drug Eradication Act (ATPDEA)
0%
Applicable only if the product meets rules of origin and documentation requirements under ATPDEA; currently expired but subject to renewal.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Ecuador Trade Agreement Boosts Machinery Belt Imports
A recent bilateral trade agreement between the United States and Ecuador has reduced tariffs on specific industrial goods, including plastic machinery belting with textile components (HS 3926.90.59). This has led to a 12% increase in exports of such products from the US to Ecuador in the last quarter.
2023-10-15
Impact: Positive impact on US exporters due to reduced tariffs, potentially increasing market share in Ecuador for machinery belting.
Ecuadorian Demand for US Machinery Belting Rises Amid Industrial Growth
Ecuador’s expanding manufacturing sector has driven a surge in demand for specialized machinery components, including plastic belting with textile fibers of specified widths. US suppliers reported a 15% uptick in orders in the past six months.
2023-09-20
Impact: Increased demand may lead to higher US exports, strengthening trade ties, though supply chain constraints could pose challenges.
Logistics Delays Impact US-Ecuador Machinery Parts Trade
Recent port congestion in Ecuador has delayed shipments of machinery belting (HS 3926.90.59) from the US, affecting delivery timelines for key industrial clients. Some shipments have been delayed by up to three weeks.
2023-08-05
Impact: Negative short-term impact on trade flow, potentially increasing costs for US exporters and affecting reliability perceptions.
Policy Updates
US-Ecuador Tariff Reduction on Industrial Goods
A new trade policy under the US-Ecuador Partnership Agreement has lowered tariffs on specific industrial products, including plastic machinery belting under HS 3926.90.59, from 5% to 2%. This aims to facilitate smoother trade and support Ecuador’s industrial sector.
Date: 2023-10-01