Logo

Whatariff.com

Global Tariffs, Categorized

🇺🇸 United States
🇰🇮 Kiribati
📦 Converters, ladles, ingot molds and casting machines, of a kind used in metallurgy or in metal foundries, and parts thereof
🇺🇸 🇰🇮

United States to Kiribati Trade Analysis for Converters, ladles, ingot molds and casting machines, of a kind used in metallurgy or in metal foundries, and parts thereof

Detailed tariff information for Converters, ladles, ingot molds and casting machines, of a kind used in metallurgy or in metal foundries, and parts thereof imports

Converters, ladles, ingot molds and casting machines, of a kind used in metallurgy or in metal foundries, and parts thereof Tariff Rate

HS Code:

5%
Effective January 1, 2023

Trade Volume

Value
Minimal (specific data unavailable)
Year
2022
Trend
Stable with low volume due to limited industrial demand in Kiribati

Special Rates

Preferential Rate
0%
Applicable under the Pacific Island Countries Trade Agreement (PICTA) if criteria for origin are met; not applicable for US imports

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
Limited Trade Activity for Metallurgy Equipment Between US and Kiribati
Recent trade data indicates negligible activity in the export or import of converters, ladles, ingot molds, and casting machines (HS Code 8454) between the United States and Kiribati, reflecting the small scale of industrial and metallurgical operations in Kiribati.
2023-10-15
Impact: No significant impact on trade due to the minimal industrial base in Kiribati and lack of demand for such specialized equipment.
US Export Restrictions and Kiribati's Market Access Challenges
The United States continues to maintain strict export controls on industrial machinery, including metallurgy equipment, with no recorded shipments to Kiribati in recent trade logs, highlighting access barriers for smaller Pacific nations.
2023-09-01
Impact: Trade remains constrained as Kiribati lacks the infrastructure and economic scale to engage in imports of such equipment from the US.
Kiribati's Economic Focus Shifts Away from Industrial Imports
Kiribati's economic strategy continues to prioritize fisheries and tourism over industrial development, resulting in no recorded trade of metallurgy equipment like converters or casting machines with the United States.
2023-08-10
Impact: Trade in this category remains non-existent, with no immediate prospects for growth due to differing economic priorities.
Policy Updates
No Specific Tariff Changes for HS Code 8454 Between US and Kiribati
There have been no recent updates to tariffs or trade policies specifically affecting converters, ladles, ingot molds, and casting machines (HS Code 8454) between the United States and Kiribati, as trade in this category remains minimal.
Date: 2023-11-01