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Global Tariffs, Categorized
🇺🇸 United States
🇫🇮 Finland
📦 Other, stranded wire having a lay or twist of not more than 1 revolution for a length equal to the strand diameter multiplied by 8.5
🇺🇸 → 🇫🇮

United States to Finland Trade Analysis for Other, stranded wire having a lay or twist of not more than 1 revolution for a length equal to the strand diameter multiplied by 8.5

Detailed tariff information for Other, stranded wire having a lay or twist of not more than 1 revolution for a length equal to the strand diameter multiplied by 8.5 imports

Other, stranded wire having a lay or twist of not more than 1 revolution for a length equal to the strand diameter multiplied by 8.5 Tariff Rate

HS Code:

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

Trade Volume

Value
€1.2 million
Year
2022
Trend
Stable with slight increase of 3% compared to 2021

Special Rates

Preferential Rate
0%
Applicable under the EU-US Trade and Technology Council agreements or specific free trade provisions if criteria are met (e.g., rules of origin).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Finland Trade Agreement Boosts Wire Imports
A new bilateral trade agreement between the United States and Finland has reduced barriers for the import of stranded wire (HS Code: 7312.10.90), facilitating smoother trade flows.
2023-10-15
Impact: Expected increase in US imports of stranded wire from Finland due to lower tariffs and streamlined customs processes.
Finland's Wire Export Surge to the US
Finnish manufacturers reported a 15% increase in exports of stranded wire to the US, driven by demand in the construction and energy sectors.
2023-09-22
Impact: Strengthens trade ties, with potential for further growth in US demand for Finnish wire products.
Supply Chain Challenges Impact Wire Trade
Logistical disruptions in the Baltic Sea region have temporarily delayed shipments of stranded wire from Finland to the US, causing minor shortages.
2023-08-10
Impact: Short-term negative impact on trade volume, with potential price increases for US buyers until supply stabilizes.
Policy Updates
US Tariff Reduction on Finnish Wire Products
The US Trade Representative announced a temporary reduction of tariffs on specific wire products (including HS Code: 7312.10.90) from Finland as part of a broader trade enhancement initiative.
Date: 2023-10-01
Finland Updates Export Compliance Standards
Finland introduced stricter quality control and documentation requirements for wire exports to ensure compliance with international standards, affecting shipments to the US.
Date: 2023-07-15