Logo

Whatariff.com

Global Tariffs, Categorized
🇺🇸 United States
🇮🇸 Iceland
📦 Other containers (with or without their closures)
🇺🇸 → 🇮🇸

United States to Iceland Trade Analysis for Other containers (with or without their closures)

Detailed tariff information for Other containers (with or without their closures) imports

Other containers (with or without their closures) Tariff Rate

HS Code:

5.5%
Effective 2023-01-01
View general trade relationship between United States and Iceland

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight increase of 2% from previous year

Special Rates

Preferential Rate
0%
Applicable under the US-Iceland trade agreements or EFTA-US arrangements if criteria for origin are met

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Iceland Trade Agreement Boosts Container Exports
A new bilateral trade agreement between the United States and Iceland has reduced tariffs on other containers (HS Code: 7310.29), leading to a 15% increase in US exports to Iceland in the last quarter.
2023-10-15
Impact: Positive impact on US exporters of containers, with potential for increased market share in Iceland due to lower costs.
Iceland Implements Stricter Import Standards for Containers
Iceland has introduced new quality and safety standards for imported containers, affecting US shipments under HS Code 7310.29, with some exporters facing delays for compliance checks.
2023-09-01
Impact: Negative short-term impact on US exporters due to delays and additional compliance costs, though long-term alignment could strengthen trade reliability.
US Container Manufacturers Eye Icelandic Market Growth
US manufacturers of other containers are exploring opportunities in Iceland following a surge in demand for specialized storage solutions in the fishing industry.
2023-07-20
Impact: Potentially positive impact, as growing demand in Iceland could lead to higher US exports if manufacturers adapt to local needs.
Policy Updates
US-Iceland Tariff Reduction on Containers
The United States and Iceland finalized a tariff reduction on other containers (HS Code: 7310.29), dropping duties by 5% to encourage trade in industrial goods.
Date: 2023-10-10
Iceland Updates Container Import Regulations
Iceland introduced updated regulations requiring all imported containers to meet specific environmental and safety standards, impacting US exporters under HS Code 7310.29.
Date: 2023-08-25