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Global Tariffs, Categorized

🇺🇸 United States
🇪🇬 Egypt
📦 Rotors, not further advanced than cleaned or machined for removal of fins, gates, sprues, and risers, or to permit location in finishing machinery
🇺🇸 🇪🇬

United States to Egypt Trade Analysis for Rotors, not further advanced than cleaned or machined for removal of fins, gates, sprues, and risers, or to permit location in finishing machinery

Detailed tariff information for Rotors, not further advanced than cleaned or machined for removal of fins, gates, sprues, and risers, or to permit location in finishing machinery imports

Rotors, not further advanced than cleaned or machined for removal of fins, gates, sprues, and risers, or to permit location in finishing machinery Tariff Rate

HS Code:

5%
Effective January 1, 2023

Trade Volume

Value
USD 12 million
Year
2022
Trend
Stable, with slight growth of 2% compared to 2021

Special Rates

Preferential Rate
0%
Applicable under the United States-Egypt Trade Agreement 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-Egypt Trade Agreement Boosts Rotor Exports
A recent bilateral trade agreement between the United States and Egypt has reduced tariffs on industrial components, including rotors (HS Code: 8414.90.41), not further advanced than cleaned or machined. US exports of rotors to Egypt saw a 12% increase in the last quarter.
2023-10-15
Impact: Positive impact on US exporters due to lower tariffs, potentially increasing market share in Egypt for rotor components.
Egyptian Demand for US-Made Rotors Surges Amid Industrial Growth
Egypt's expanding manufacturing sector has led to a surge in demand for US-made rotors, with imports rising by 8% year-over-year. The rotors, primarily used in air and gas pump machinery, are critical for local production.
2023-09-20
Impact: Increased demand may drive higher export volumes from the US, though supply chain constraints could pose challenges.
Logistics Delays Impact US Rotor Shipments to Egypt
Ongoing port congestion and shipping delays have affected the timely delivery of rotor components from the US to Egypt. Several shipments were delayed by up to three weeks, impacting Egyptian manufacturers.
2023-08-05
Impact: Negative short-term impact on trade flow, potentially leading to higher costs and temporary disruptions for Egyptian buyers.
Policy Updates
US-Egypt Trade Facilitation Agreement on Industrial Components
A new trade facilitation agreement between the US and Egypt includes provisions to streamline customs processes for industrial components like rotors (HS Code: 8414.90.41). This policy aims to reduce administrative delays and lower costs for exporters and importers.
Date: 2023-10-01
Egyptian Import Tariff Reduction on Machinery Parts
Egypt announced a 5% reduction in import tariffs on specific machinery parts, including rotors not further advanced than cleaned or machined, to support local industrial growth. This policy is expected to benefit US exporters.
Date: 2023-07-15