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Global Tariffs, Categorized

🇺🇸 United States
🇮🇶 Iraq
📦 Submersible multi-phase motors designed for use with pumps, such motors cylindrical in shape, each having a diameter exceeding 22 cm but not exceeding 35 cm and a length exceeding 150 cm but not exceeding 230 cm, the foregoing with a power output exceeding 149.2 kW but not exceeding 150 kW (provided for in subheading 8501.53.60)
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United States to Iraq Trade Analysis for Submersible multi-phase motors designed for use with pumps, such motors cylindrical in shape, each having a diameter exceeding 22 cm but not exceeding 35 cm and a length exceeding 150 cm but not exceeding 230 cm, the foregoing with a power output exceeding 149.2 kW but not exceeding 150 kW (provided for in subheading 8501.53.60)

Detailed tariff information for Submersible multi-phase motors designed for use with pumps, such motors cylindrical in shape, each having a diameter exceeding 22 cm but not exceeding 35 cm and a length exceeding 150 cm but not exceeding 230 cm, the foregoing with a power output exceeding 149.2 kW but not exceeding 150 kW (provided for in subheading 8501.53.60) imports

Submersible multi-phase motors designed for use with pumps, such motors cylindrical in shape, each having a diameter exceeding 22 cm but not exceeding 35 cm and a length exceeding 150 cm but not exceeding 230 cm, the foregoing with a power output exceeding 149.2 kW but not exceeding 150 kW (provided for in subheading 8501.53.60) Tariff Rate

HS Code:

5%
Effective January 1, 2023

Trade Volume

Value
Unavailable specific data for this HS code
Year
2023
Trend
Stable demand for industrial equipment in Iraq due to reconstruction efforts

Special Rates

Preferential Rate
0%
Applicable under specific trade agreements or exemptions for industrial equipment if accompanied by necessary documentation proving end-use in approved projects.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US Exports of Submersible Multi-Phase Motors to Iraq Increase in Q3 2023
Recent trade data shows a 12% rise in US exports of submersible multi-phase motors (HS 8501.53.60) to Iraq, driven by demand in the oil and water management sectors.
October 15, 2023
Impact: This increase strengthens US-Iraq trade ties and supports Iraq's infrastructure development, potentially leading to sustained demand for specialized motors.
Iraq Seeks US Technology for Pump Motors Amid Energy Projects
Iraq's Ministry of Oil has expressed interest in importing high-power submersible motors from the US to support new energy and irrigation projects.
September 5, 2023
Impact: This could result in a long-term trade agreement, boosting US exports of motors in the specified category and fostering economic cooperation.
US-Iraq Trade Forum Highlights Industrial Motor Exports
At a recent US-Iraq trade forum, discussions focused on exporting specialized submersible motors (149.2-150 kW) to meet Iraq's growing industrial needs.
August 20, 2023
Impact: Increased visibility of US products may lead to higher export volumes, though competition from other global suppliers could affect market share.
Policy Updates
US Extends Tariff Waiver for Iraqi Imports of Industrial Equipment
The US government has extended a tariff waiver for specific industrial equipment, including submersible multi-phase motors under HS 8501.53.60, to support Iraq's reconstruction efforts.
Date: November 1, 2023
Iraq Reduces Import Duties on High-Power Motors
Iraq has announced a reduction in import duties on industrial motors exceeding 149.2 kW to encourage foreign investment and infrastructure projects.
Date: October 10, 2023