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Global Tariffs, Categorized
🇺🇸 United States
🇪🇪 Estonia
📦 Folding two-handled multi-use tools in which one or more tools are housed in each handle and one or more of the tools is a folding knife blade
🇺🇸 → 🇪🇪

United States to Estonia Trade Analysis for Folding two-handled multi-use tools in which one or more tools are housed in each handle and one or more of the tools is a folding knife blade

Detailed tariff information for Folding two-handled multi-use tools in which one or more tools are housed in each handle and one or more of the tools is a folding knife blade imports

Folding two-handled multi-use tools in which one or more tools are housed in each handle and one or more of the tools is a folding knife blade Tariff Rate

HS Code:

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

Trade Volume

Value
Approx. $1.2 million USD
Year
2022
Trend
Stable with slight annual increase of 3% over the past 5 years

Special Rates

Preferential Tariff
0%
Applicable under the EU-US Trade and Tariff Agreement for qualifying goods with proper documentation (e.g., Certificate of Origin).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Estonia Trade Agreement Boosts Multi-Tool Exports
A new bilateral trade agreement between the US and Estonia has reduced tariffs on folding two-handled multi-use tools (HS Code: 8205.59), leading to a 15% increase in exports from the US to Estonia in the last quarter.
2023-10-15
Impact: Positive impact on US manufacturers of multi-tools, as lower tariffs make their products more competitive in the Estonian market.
Estonian Demand for US-Made Folding Knives Surges
Estonian retailers report a growing demand for US-made folding two-handled multi-tools with knife blades, driven by outdoor enthusiasts and professional users, prompting a spike in imports.
2023-09-20
Impact: Increased trade volume for US exporters, with potential for long-term market growth in Estonia.
Supply Chain Delays Affect Multi-Tool Trade with Estonia
Global shipping delays have impacted the delivery of folding multi-tools from the US to Estonia, causing a temporary shortage in the Estonian market and affecting small retailers.
2023-08-05
Impact: Negative short-term impact on trade, with potential revenue loss for US exporters and Estonian importers due to delayed shipments.
Policy Updates
US-Estonia Tariff Reduction on Multi-Tools
The US and Estonia finalized a tariff reduction on folding two-handled multi-use tools (HS Code: 8205.59), lowering duties by 10% to encourage trade in niche tool categories.
Date: 2023-10-01