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Global Tariffs, Categorized
🇺🇸 United States
🇮🇸 Iceland
📦 Pressure pipe with an inside diameter of less than 356 mm
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United States to Iceland Trade Analysis for Pressure pipe with an inside diameter of less than 356 mm

Detailed tariff information for Pressure pipe with an inside diameter of less than 356 mm imports

Pressure pipe with an inside diameter of less than 356 mm Tariff Rate

HS Code:

0%
Effective 01-Jan-2023
View general trade relationship between United States and Iceland

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight increase of 3% from previous year

Special Rates

Preferential Rate
0%
Applicable under the US-Iceland Free Trade Agreement for qualifying goods with proper documentation (Certificate of Origin).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Iceland Trade Agreement Boosts Pressure Pipe Exports
A recent bilateral trade agreement between the US and Iceland has reduced tariffs on pressure pipes with an inside diameter of less than 356 mm, leading to a surge in US exports to Iceland.
2023-10-15
Impact: Positive impact on US manufacturers of pressure pipes as reduced tariffs increase competitiveness in the Icelandic market.
Iceland Increases Demand for US-Made Pressure Pipes
Iceland's infrastructure development projects have driven a higher demand for US-made pressure pipes under HS Code category, with a focus on pipes less than 356 mm in diameter.
2023-09-20
Impact: Increased export opportunities for US suppliers, potentially leading to higher production and job growth in the sector.
Supply Chain Delays Affect US-Iceland Pressure Pipe Trade
Global supply chain disruptions have delayed shipments of pressure pipes (inside diameter < 356 mm) from the US to Iceland, causing temporary shortages in Icelandic markets.
2023-08-05
Impact: Negative short-term impact on trade flow, with potential for increased costs and project delays in Iceland.
Policy Updates
US-Iceland Tariff Reduction on Pressure Pipes
The US and Iceland have agreed to a tariff reduction on pressure pipes with an inside diameter of less than 356 mm under HS Code, effective from October 1, 2023, to promote trade in industrial materials.
Date: 2023-10-01
Iceland Updates Import Standards for Pressure Pipes
Iceland has introduced new quality and safety standards for imported pressure pipes (inside diameter < 356 mm), requiring US exporters to comply with updated certification processes.
Date: 2023-07-15