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Reservoirs, tanks, vats and similar containers for any material (other than compressed or liquefied gas), of iron or steel, of a capacity exceeding 300 liters, whether or not lined or heat insulated, but not fitted with mechanical or thermal equipment
United States to Honduras Trade Analysis
for Reservoirs, tanks, vats and similar containers for any material (other than compressed or liquefied gas), of iron or steel, of a capacity exceeding 300 liters, whether or not lined or heat insulated, but not fitted with mechanical or thermal equipment
Detailed tariff information for Reservoirs, tanks, vats and similar containers for any material (other than compressed or liquefied gas), of iron or steel, of a capacity exceeding 300 liters, whether or not lined or heat insulated, but not fitted with mechanical or thermal equipment imports
Reservoirs, tanks, vats and similar containers for any material (other than compressed or liquefied gas), of iron or steel, of a capacity exceeding 300 liters, whether or not lined or heat insulated, but not fitted with mechanical or thermal equipment Tariff Rate
Stable with slight increase of 3% compared to 2021
Special Rates
Preferential Rate
0%
Applicable under the Dominican Republic-Central America-United States Free Trade Agreement (CAFTA-DR) for qualifying goods from the United States, subject to rules of origin certification.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Increased Demand for Steel Reservoirs in Honduras Boosts US Exports
Honduran infrastructure projects have led to a surge in demand for large steel reservoirs and tanks (HS Code 7309), with the United States as a primary supplier. Recent trade data shows a 12% increase in exports from the US to Honduras in the past quarter.
2023-10-15
Impact: This trend is expected to strengthen trade ties and increase US export revenues in the steel container sector, though supply chain constraints may pose challenges.
US-Honduras Trade Agreement Facilitates Steel Tank Shipments
Under the CAFTA-DR agreement, tariffs on steel reservoirs and similar containers (HS Code 7309) have been reduced, leading to smoother trade flows between the US and Honduras. A recent shipment of over 500 units was reported last month.
2023-09-22
Impact: The tariff reduction is likely to encourage more US manufacturers to target the Honduran market, potentially increasing export volumes.
Honduran Import Regulations Tighten for Steel Containers
Honduras has introduced stricter quality and safety standards for imported steel reservoirs and tanks (HS Code 7309), affecting US exporters. Compliance with these standards has caused minor delays in shipments.
2023-08-10
Impact: US exporters may face increased costs and delays in meeting new regulatory requirements, potentially slowing trade in the short term.
Policy Updates
CAFTA-DR Tariff Reduction on Steel Containers
The Central America-Dominican Republic Free Trade Agreement (CAFTA-DR) has implemented a further reduction in tariffs on steel reservoirs, tanks, and vats (HS Code 7309) exported from the US to Honduras, dropping to 0% for qualifying goods to promote industrial trade.
Date: 2023-09-01
Honduran Safety Standards Update for Imported Steel Tanks
Honduras updated its import regulations, mandating additional safety certifications for steel containers exceeding 300 liters (HS Code 7309). US exporters must now provide detailed documentation to comply with these standards.
