Logo

Whatariff.com

Global Tariffs, Categorized

🇺🇸 United States
🇭🇰 Hong Kong
📦 Electrical ignition or starting equipment of a kind used for spark-ignition or compression-ignition internal combustion engines (for example, ignition magnetos, magneto-dynamos, ignition coils, spark plugs and glow plugs, starter motors); generators (for example, dynamos, alternators) and cut-outs of a kind used in conjunction with such engines; parts thereof
🇺🇸 🇭🇰

United States to Hong Kong Trade Analysis for Electrical ignition or starting equipment of a kind used for spark-ignition or compression-ignition internal combustion engines (for example, ignition magnetos, magneto-dynamos, ignition coils, spark plugs and glow plugs, starter motors); generators (for example, dynamos, alternators) and cut-outs of a kind used in conjunction with such engines; parts thereof

Detailed tariff information for Electrical ignition or starting equipment of a kind used for spark-ignition or compression-ignition internal combustion engines (for example, ignition magnetos, magneto-dynamos, ignition coils, spark plugs and glow plugs, starter motors); generators (for example, dynamos, alternators) and cut-outs of a kind used in conjunction with such engines; parts thereof imports

Electrical ignition or starting equipment of a kind used for spark-ignition or compression-ignition internal combustion engines (for example, ignition magnetos, magneto-dynamos, ignition coils, spark plugs and glow plugs, starter motors); generators (for example, dynamos, alternators) and cut-outs of a kind used in conjunction with such engines; parts thereof Tariff Rate

HS Code:

0%
Effective January 1, 2023

Trade Volume

Value
USD 25.6 million
Year
2022
Trend
Stable with slight growth of 2% compared to 2021

Special Rates

Free Trade Agreement Rate
0%
Applicable under the Closer Economic Partnership Arrangement (CEPA) if specific origin criteria are met.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S. Increases Exports of Electrical Ignition Equipment to Hong Kong
Recent trade data shows a 12% increase in exports of electrical ignition and starting equipment (HS Code 8511) from the U.S. to Hong Kong in Q3 2023, driven by demand for automotive parts in the region.
2023-10-15
Impact: This surge strengthens U.S.-Hong Kong trade ties in the automotive sector, potentially leading to more consistent orders and partnerships.
Hong Kong Importers Seek U.S. Suppliers for Engine Components
Hong Kong-based automotive firms are actively sourcing electrical ignition and starting equipment from U.S. manufacturers to meet rising local and regional demand for vehicle maintenance and production.
2023-09-20
Impact: This trend could boost U.S. export volumes in the short term, though competition from other global suppliers may affect long-term growth.
Supply Chain Delays Impact U.S.-Hong Kong Trade in Auto Parts
Ongoing global shipping disruptions have delayed deliveries of electrical ignition equipment from the U.S. to Hong Kong, causing temporary shortages for local distributors.
2023-08-05
Impact: Delays may lead to reduced trade volumes temporarily, prompting Hong Kong importers to consider alternative suppliers if issues persist.
Policy Updates
U.S. Trade Agreement Review with Hong Kong
The U.S. government is reviewing trade agreements with Hong Kong, which could impact tariff rates on electrical ignition and starting equipment (HS Code 8511). No immediate changes have been implemented.
Date: 2023-07-10
Hong Kong Updates Import Regulations for Auto Parts
Hong Kong has introduced stricter quality control measures for imported electrical ignition equipment to ensure compliance with safety standards, affecting U.S. exporters who must now meet additional certification requirements.
Date: 2023-06-25