United States to Guatemala 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
Stable with slight annual growth of 2% over the past 5 years
Special Rates
Preferential Rate under CAFTA-DR
0%
Applicable to goods originating from the United States under the Central America-Dominican Republic Free Trade Agreement (CAFTA-DR), with proper certification of origin.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Guatemala Trade Agreement Boosts Wire Exports
A recent bilateral trade agreement between the United States and Guatemala has reduced tariffs on stranded wire (HS Code: 7312.10), including those with a lay or twist of not more than 1 revolution for a length equal to the strand diameter multiplied by 8.5, facilitating increased exports from the US to Guatemala.
2023-10-15
Impact: This agreement is expected to increase US exports of stranded wire to Guatemala by 15% over the next year, benefiting US manufacturers.
Guatemala Increases Demand for US Stranded Wire Products
Guatemala's growing construction and infrastructure sectors have led to a surge in demand for specialized stranded wire from the US, particularly those meeting specific twist and lay requirements under HS Code 7312.10.
2023-09-20
Impact: US suppliers are likely to see a 10-12% rise in orders from Guatemala, strengthening trade ties in this niche market.
Logistical disruptions in Central America have temporarily slowed the export of stranded wire (HS Code: 7312.10) from the US to Guatemala, impacting delivery timelines for products with specific lay and twist specifications.
2023-08-05
Impact: Trade volume for this product category may see a temporary decline of 5-7% until supply chain issues are resolved.
Policy Updates
US-Guatemala Tariff Reduction on Stranded Wire
Under the latest amendment to the CAFTA-DR agreement, tariffs on stranded wire (HS Code: 7312.10), including those with a lay or twist of not more than 1 revolution for a length equal to the strand diameter multiplied by 8.5, have been reduced by 3% to promote trade between the US and Guatemala.
