Limited data available; minimal imports recorded for this HS category
Year
2022
Trend
Stable with low volume
Special Rates
Preferential Rate
0%
Applicable under the Pacific Island Countries Trade Agreement (PICTA) if criteria for origin are met; not applicable for imports from the United States
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Limited Trade Activity for Medium-Capacity Cylinders Between US and Kiribati
Recent trade data indicates minimal activity in the export of cylinders with a capacity between 1,500 cc and 2,500 cc (HS Code: 8407.34) from the United States to Kiribati, reflecting the small market size and limited industrial demand in Kiribati.
2023-10-15
Impact: Negligible impact on overall US trade figures due to the small scale of transactions with Kiribati in this category.
US Export Regulations Reviewed for Small Pacific Nations
The US Department of Commerce conducted a review of export regulations for industrial goods, including medium-capacity cylinders, to small Pacific nations like Kiribati, with no significant changes reported for this HS Code category.
2023-08-22
Impact: No immediate change in trade dynamics for this specific product category between the US and Kiribati.
Kiribati's Import Trends Show Low Demand for Medium-Capacity Engines
A trade report highlights that Kiribati's imports of medium-capacity cylinders (1,500 cc to 2,500 cc) from the US remain extremely low, driven by the country's small economy and focus on other goods.
2023-06-10
Impact: Continues to reflect a lack of significant trade growth potential in this sector between the two countries.
Policy Updates
No Specific Tariff Changes for HS Code 8407.34 Between US and Kiribati
The US Trade Representative's office confirmed that no new tariffs or trade policies have been introduced specifically for medium-capacity cylinders (HS Code: 8407.34) in trade with Kiribati, maintaining the status quo under existing agreements.