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Global Tariffs, Categorized
🇺🇸 United States
🇫🇮 Finland
📦 In immediate containers weighing with their contents over 0.5 kg each
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United States to Finland Trade Analysis for In immediate containers weighing with their contents over 0.5 kg each

Detailed tariff information for In immediate containers weighing with their contents over 0.5 kg each imports

In immediate containers weighing with their contents over 0.5 kg each Tariff Rate

HS Code:

5.5%
Effective 2023-01-01
View general trade relationship between United States and Finland

Trade Volume

Value
USD 6.2 billion
Year
2022
Trend
Stable with a slight increase of 2% compared to 2021

Special Rates

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

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Finland Trade Agreement Boosts Container Goods Exports
A new bilateral trade agreement between the United States and Finland has reduced tariffs on goods in immediate containers weighing over 0.5 kg each, facilitating smoother export processes.
2023-10-15
Impact: This agreement is expected to increase the volume of container goods traded between the two countries by simplifying customs procedures and lowering costs.
Finland Increases Demand for US-Packaged Food Products
Finnish markets have shown a growing interest in US-packaged food items in containers over 0.5 kg, driving up exports from the US.
2023-09-28
Impact: US exporters are likely to see a surge in demand, potentially leading to higher revenues and stronger trade ties with Finland.
Logistics Challenges Impact US-Finland Container Trade
Recent global shipping delays have affected the trade of goods in immediate containers over 0.5 kg between the US and Finland, causing temporary supply chain disruptions.
2023-09-10
Impact: Trade volumes may experience short-term declines due to delayed shipments, potentially increasing costs for businesses on both sides.
Policy Updates
US-Finland Tariff Reduction on Container Goods
The US and Finland have implemented a mutual tariff reduction on goods classified under HS codes for immediate containers weighing over 0.5 kg each, effective from October 1, 2023, to promote trade.
Date: 2023-10-01
Finland Updates Customs Regulations for US Imports
Finland has revised its customs clearance process for US imports in containers over 0.5 kg, introducing digital documentation to expedite processing times.
Date: 2023-08-15