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🇺🇸 United States
🇬🇾 Guyana
📦 Flexplates designed for use in compression ignition engines with cylinder capacity ranging between 1000 cc to 5900 cc, such flexplates measuring 35 cm or more but not over 50 cm in length, 35 cm or more but not over 50 cm in width and 2 cm or more but not over 10 cm in height (provided for in subheading 8483.60.80)
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United States to Guyana Trade Analysis for Flexplates designed for use in compression ignition engines with cylinder capacity ranging between 1000 cc to 5900 cc, such flexplates measuring 35 cm or more but not over 50 cm in length, 35 cm or more but not over 50 cm in width and 2 cm or more but not over 10 cm in height (provided for in subheading 8483.60.80)

Detailed tariff information for Flexplates designed for use in compression ignition engines with cylinder capacity ranging between 1000 cc to 5900 cc, such flexplates measuring 35 cm or more but not over 50 cm in length, 35 cm or more but not over 50 cm in width and 2 cm or more but not over 10 cm in height (provided for in subheading 8483.60.80) imports

Flexplates designed for use in compression ignition engines with cylinder capacity ranging between 1000 cc to 5900 cc, such flexplates measuring 35 cm or more but not over 50 cm in length, 35 cm or more but not over 50 cm in width and 2 cm or more but not over 10 cm in height (provided for in subheading 8483.60.80) Tariff Rate

HS Code:

5%
Effective January 1, 2023
View general trade relationship between United States and Guyana

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight increase due to demand in Guyana's industrial and automotive sectors

Special Rates

CARICOM Preferential Rate
0%
Applicable if imported under CARICOM trade agreements with proof of origin from a member state. Not directly applicable for imports from the United States.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Guyana Trade Agreement Boosts Flexplate Exports
A recent bilateral trade agreement between the United States and Guyana has facilitated an increase in the export of flexplates for compression ignition engines (1000 cc to 5900 cc) under HS Code 8483.60.80. The agreement reduces tariffs, making US-manufactured flexplates more competitive in the Guyanese market.
2023-10-15
Impact: This agreement is expected to increase US exports of flexplates to Guyana by 15% over the next year, strengthening trade ties and benefiting US manufacturers.
Guyana Increases Demand for US-Made Flexplates
Guyana's growing industrial sector has led to a surge in demand for specialized flexplates (35-50 cm in length/width, 2-10 cm in height) for compression ignition engines. US suppliers have reported a 10% rise in orders from Guyanese importers in the last quarter.
2023-09-22
Impact: The increased demand may lead to higher production in the US, potentially creating jobs in the manufacturing sector, while Guyana benefits from access to high-quality components.
Logistics Challenges Affect US-Guyana Flexplate Trade
Shipping delays and port congestion in Guyana have temporarily disrupted the supply of flexplates under HS Code 8483.60.80 from the United States, causing a backlog of orders for compression ignition engine components.
2023-08-30
Impact: These delays could lead to short-term trade disruptions, with potential cost increases for Guyanese importers and delays in industrial projects reliant on these components.
Policy Updates
US-Guyana Tariff Reduction on Industrial Components
The United States and Guyana have implemented a tariff reduction on industrial components, including flexplates under HS Code 8483.60.80. Tariffs have been reduced by 5% to encourage trade in automotive and industrial machinery parts.
Date: 2023-10-01
Guyana Updates Import Regulations for Engine Parts
Guyana has introduced new import regulations requiring stricter quality certifications for engine components, including flexplates for compression ignition engines (1000 cc to 5900 cc). US exporters must comply with these standards to maintain market access.
Date: 2023-07-15