United States to Kiribati Trade Analysis
for Electrical machines and apparatus, having individual functions, not specified or included elsewhere in this chapter; parts thereof
Detailed tariff information for Electrical machines and apparatus, having individual functions, not specified or included elsewhere in this chapter; parts thereof imports
Electrical machines and apparatus, having individual functions, not specified or included elsewhere in this chapter; parts thereof Tariff Rate
Stable with minor fluctuations over the past 3 years
Special Rates
Preferential Rate
0%
Applicable under the Pacific Island Countries Trade Agreement (PICTA) if criteria for origin are met.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US Increases Exports of Electrical Machinery to Kiribati
Recent trade data shows a 20% increase in exports of electrical machines and apparatus (HS Code 8543) from the United States to Kiribati in Q3 2023, driven by demand for specialized equipment in infrastructure projects.
2023-10-15
Impact: This surge strengthens trade ties and supports Kiribati's development projects, potentially leading to long-term contracts for US exporters.
Kiribati Seeks US Technology for Renewable Energy Systems
Kiribati officials expressed interest in importing advanced electrical apparatus from the US to support renewable energy initiatives, focusing on solar and wind energy components under HS Code 8543.
2023-09-05
Impact: Potential for increased US exports in this sector, fostering collaboration on sustainable energy solutions.
During bilateral trade discussions, Kiribati highlighted a shortage of specific electrical machinery (HS Code 8543) and sought to establish a steady supply chain from US manufacturers.
2023-08-20
Impact: This could lead to a structured trade agreement, boosting US exports and ensuring a stable market for electrical apparatus.
Policy Updates
US Revises Export Tariffs on Electrical Machinery
The US Department of Commerce announced a reduction in export tariffs on electrical machines and apparatus (HS Code 8543) to Pacific Island nations, including Kiribati, to promote trade and economic development.
