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Global Tariffs, Categorized
🇺🇸 United States
🇮🇩 Indonesia
📦 Mechanical clock movements, presented complete and assembled, valued over $5 each, suitable for use in the production of grandfather clocks, wall clocks or mantel clocks (provided for in subheading 9109.90.60)
🇺🇸 → 🇮🇩

United States to Indonesia Trade Analysis for Mechanical clock movements, presented complete and assembled, valued over $5 each, suitable for use in the production of grandfather clocks, wall clocks or mantel clocks (provided for in subheading 9109.90.60)

Detailed tariff information for Mechanical clock movements, presented complete and assembled, valued over $5 each, suitable for use in the production of grandfather clocks, wall clocks or mantel clocks (provided for in subheading 9109.90.60) imports

Mechanical clock movements, presented complete and assembled, valued over $5 each, suitable for use in the production of grandfather clocks, wall clocks or mantel clocks (provided for in subheading 9109.90.60) Tariff Rate

HS Code:

5%
Effective January 1, 2023
View general trade relationship between United States and Indonesia

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight decline due to regional competition

Special Rates

ASEAN Free Trade Area (AFTA)
0%
Applicable if imported from ASEAN member countries under the ASEAN Trade in Goods Agreement (ATIGA) with proper Certificate of Origin (Form D).
US-Indonesia Trade Agreement
0%
Applicable under specific bilateral agreements or GSP if reinstated; currently not active for most US goods.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Indonesia Trade Agreement Boosts Clock Movement Exports
A recent bilateral trade agreement between the US and Indonesia has reduced tariffs on mechanical clock movements (HS 9109.90.60), facilitating an increase in exports from Indonesia to the US for use in grandfather, wall, and mantel clocks.
2023-10-15
Impact: This agreement is expected to increase the supply of high-value clock movements to US manufacturers, potentially lowering production costs for clockmakers and increasing market competitiveness.
Indonesia Ramps Up Production of High-Value Clock Movements
Indonesian manufacturers have reported a 15% increase in production of mechanical clock movements valued over $5 each, targeting the US market for grandfather and mantel clock production.
2023-09-20
Impact: The surge in production could lead to a higher volume of exports to the US, strengthening trade ties and potentially oversaturating the market if demand does not keep pace.
US Importers Seek Indonesian Clock Movements Amid Supply Chain Issues
Ongoing global supply chain disruptions have prompted US clock manufacturers to source mechanical clock movements (HS 9109.90.60) from Indonesia, with a noted uptick in orders for components used in wall and grandfather clocks.
2023-08-05
Impact: This shift may result in a long-term reliance on Indonesian suppliers, boosting bilateral trade but exposing US manufacturers to risks of international supply chain volatility.
Policy Updates
US Tariff Reduction on Clock Movements from Indonesia
The US Trade Representative announced a temporary reduction in tariffs on mechanical clock movements under HS 9109.90.60 imported from Indonesia, aiming to support domestic clock production amid global supply shortages.
Date: 2023-10-01
Indonesia Export Incentive for Clock Components
The Indonesian government introduced a tax incentive for exporters of mechanical clock movements valued over $5, encouraging manufacturers to target markets like the US for grandfather, wall, and mantel clock components.
Date: 2023-07-15