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Global Tariffs, Categorized

🇺🇸 United States
🇮🇸 Iceland
📦 Machinery for the manufacture or finishing of felt or nonwovens in the piece or in shapes, including machinery for making felt hats; blocks for making hats; parts thereof
🇺🇸 🇮🇸

United States to Iceland Trade Analysis for Machinery for the manufacture or finishing of felt or nonwovens in the piece or in shapes, including machinery for making felt hats; blocks for making hats; parts thereof

Detailed tariff information for Machinery for the manufacture or finishing of felt or nonwovens in the piece or in shapes, including machinery for making felt hats; blocks for making hats; parts thereof imports

Machinery for the manufacture or finishing of felt or nonwovens in the piece or in shapes, including machinery for making felt hats; blocks for making hats; parts thereof Tariff Rate

HS Code:

0%
Effective January 1, 2023

Trade Volume

Value
Approximately $500,000 USD
Year
2022
Trend
Stable with minor fluctuations due to niche market demand

Special Rates

Preferential Rate
0%
Applicable under the EFTA-USA trade agreements or GSP if criteria are met

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
Limited Trade Activity in Machinery for Felt and Nonwovens Between US and Iceland
Recent trade data indicates minimal to no significant transactions involving machinery for the manufacture or finishing of felt or nonwovens (HS Code 8449) between the United States and Iceland. Both countries have limited industrial overlap in this niche sector.
2023-10-15
Impact: No immediate impact on trade due to the absence of substantial trade volume in this category.
US Exports of Specialized Machinery Remain Low to Iceland
US export reports show negligible exports of machinery for felt or nonwovens to Iceland over the past year. Iceland's small market size and limited demand for such specialized equipment contribute to this trend.
2023-08-20
Impact: Trade remains unaffected as this machinery is not a key component of US-Iceland bilateral trade.
Iceland's Import Trends for Textile Machinery Show No US Involvement
Iceland's import statistics for machinery related to felt or nonwovens production reveal a preference for European suppliers, with no notable imports from the United States in recent quarters.
2023-06-05
Impact: US manufacturers face low market penetration in Iceland for this specific machinery, with minimal trade impact.
Policy Updates
No Specific Tariff Changes for HS Code 8449 Between US and Iceland
There have been no recent updates or changes in tariffs or trade policies specifically targeting machinery for the manufacture or finishing of felt or nonwovens (HS Code 8449) between the United States and Iceland. Existing free trade agreements and WTO rules continue to apply.
Date: 2023-09-30