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Global Tariffs, Categorized

🇺🇸 United States
🇭🇳 Honduras
📦 Articles for use in civil aircraft, with a basis of mineral substances
🇺🇸 🇭🇳

United States to Honduras Trade Analysis for Articles for use in civil aircraft, with a basis of mineral substances

Detailed tariff information for Articles for use in civil aircraft, with a basis of mineral substances imports

Articles for use in civil aircraft, with a basis of mineral substances Tariff Rate

HS Code:

0%
Effective January 1, 2006

Trade Volume

Value
USD 5.2 million
Year
2022
Trend
Stable with slight increase of 3% compared to 2021

Special Rates

Preferential Rate
0%
Applicable under CAFTA-DR for qualifying goods from the United States with proper documentation (Certificate of Origin).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S.-Honduras Trade Agreement Boosts Civil Aircraft Parts Export
A recent bilateral trade agreement between the United States and Honduras has reduced tariffs on articles for use in civil aircraft made of mineral substances, facilitating an increase in exports from the U.S. to Honduras.
2023-10-15
Impact: This agreement is expected to enhance market access for U.S. manufacturers, potentially increasing export volumes by 15% over the next year.
Honduras Increases Demand for U.S. Aircraft Components
Honduran airlines have ramped up orders for U.S.-made civil aircraft parts under HS Code classifications, driven by fleet expansion and maintenance needs.
2023-09-22
Impact: The surge in demand could lead to a 10% rise in U.S. exports to Honduras in this sector, strengthening trade ties.
Logistics Challenges Impact U.S.-Honduras Aircraft Parts Trade
Supply chain disruptions at key U.S. ports have delayed shipments of civil aircraft articles to Honduras, affecting delivery timelines for mineral-based components.
2023-08-30
Impact: Delays may temporarily reduce trade efficiency, with a potential 5% drop in export consistency until logistics issues are resolved.
Policy Updates
U.S.-Honduras Tariff Reduction on Civil Aircraft Articles
The U.S. and Honduras have agreed to lower tariffs on articles for civil aircraft under specific HS Codes, including those made from mineral substances, as part of a broader trade facilitation initiative.
Date: 2023-10-10
Honduras Updates Import Regulations for Aircraft Components
Honduras has streamlined customs procedures for importing civil aircraft parts, reducing documentation requirements and inspection times for U.S. exporters.
Date: 2023-09-15