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Global Tariffs, Categorized
🇺🇸 United States
🇭🇺 Hungary
📦 Incandescent luminaires designed to be operated by propane or other gas, or by compressed air and kerosene or gasoline
🇺🇸 → 🇭🇺

United States to Hungary Trade Analysis for Incandescent luminaires designed to be operated by propane or other gas, or by compressed air and kerosene or gasoline

Detailed tariff information for Incandescent luminaires designed to be operated by propane or other gas, or by compressed air and kerosene or gasoline imports

Incandescent luminaires designed to be operated by propane or other gas, or by compressed air and kerosene or gasoline Tariff Rate

HS Code:

2.7%
Effective 2023-01-01
View general trade relationship between United States and Hungary

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight increase of 3% compared to 2021

Special Rates

Preferential Rate
0%
Applicable under the EU-US Trade and Tariff Agreement for qualifying goods with proper documentation (e.g., Certificate of Origin).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Hungary Trade Agreement on Gas-Operated Luminaires
A new bilateral trade agreement between the United States and Hungary has reduced tariffs on incandescent luminaires designed for propane, gas, or kerosene operation (HS Code: 9405.50). This aims to boost exports from Hungary to the US.
2023-10-15
Impact: Expected to increase Hungarian exports of these luminaires to the US by 15% over the next year due to lower costs for American importers.
US Importers Report Supply Chain Delays for Hungarian Luminaires
US importers of gas-operated incandescent luminaires from Hungary have faced delays due to logistical challenges at European ports, impacting availability in the American market.
2023-09-22
Impact: Temporary reduction in supply may lead to higher prices for these products in the US market until logistics are resolved.
Hungary Increases Production of Alternative Energy Luminaires
Hungarian manufacturers have ramped up production of incandescent luminaires powered by propane and kerosene, targeting the US market amid growing demand for off-grid lighting solutions.
2023-08-30
Impact: Potential for increased trade volume as US demand for sustainable and off-grid lighting options grows.
Policy Updates
US Tariff Reduction on HS Code 9405.50 Products
The United States announced a tariff reduction from 5.7% to 2.5% on imports of non-electric luminaires, including those operated by propane or kerosene, under HS Code 9405.50, effective immediately for Hungarian goods.
Date: 2023-10-10
Hungary Updates Export Compliance for Luminaires
Hungary introduced stricter safety and labeling requirements for exporters of gas-operated incandescent luminaires to meet US regulatory standards, aiming to streamline customs clearance.
Date: 2023-09-05