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Global Tariffs, Categorized

🇺🇸 United States
🇱🇾 Libya
📦 Casing for bicycle derailleur cables; and casing for cable or inner wire for caliper and cantilever brakes, whether or not cut to length
🇺🇸 🇱🇾

United States to Libya Trade Analysis for Casing for bicycle derailleur cables; and casing for cable or inner wire for caliper and cantilever brakes, whether or not cut to length

Detailed tariff information for Casing for bicycle derailleur cables; and casing for cable or inner wire for caliper and cantilever brakes, whether or not cut to length imports

Casing for bicycle derailleur cables; and casing for cable or inner wire for caliper and cantilever brakes, whether or not cut to length Tariff Rate

HS Code:

5%
Effective January 1, 2023

Trade Volume

Value
USD 150,000
Year
2022
Trend
Stable

Special Rates

Preferential Rate
0%
Applicable under specific trade agreements with the United States, subject to certificate of origin.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
Limited Trade Activity for Bicycle Cable Casings Between US and Libya
Recent trade data indicates minimal activity in the export of casing for bicycle derailleur cables and brake cables (HS Code: 8714.99) from the United States to Libya. This reflects ongoing geopolitical and economic challenges in the region.
2023-10-15
Impact: Low trade volume continues to limit market opportunities for US exporters in Libya for bicycle components, with potential for growth if stability improves.
US-Libya Trade Barriers Impact Bicycle Parts Market
Ongoing political instability in Libya has led to reduced demand for niche products like bicycle cable casings from the US, with trade data showing no significant shipments in the past quarter.
2023-09-20
Impact: Trade barriers and instability hinder the potential for US exporters to penetrate the Libyan market for bicycle parts, including derailleur and brake cable casings.
US Export Restrictions Affect Bicycle Component Trade with Libya
US export controls and sanctions on certain Libyan entities have indirectly affected the trade of bicycle components, including casings for derailleur and brake cables, leading to near-zero trade activity.
2023-08-05
Impact: Strict export regulations create significant hurdles for US companies attempting to trade bicycle cable casings with Libya, stifling potential market development.
Policy Updates
US Maintains Export Controls on Libya
The US Department of Commerce has reaffirmed export controls on Libya under the Export Administration Regulations (EAR), impacting non-essential goods including bicycle components (HS Code: 8714.99). Licenses are required for most exports, creating barriers to trade.
Date: 2023-07-10
Libyan Import Tariff Adjustments
Libya has adjusted import tariffs on various goods, including bicycle parts under HS Code 8714.99, increasing costs for importers. This policy aims to protect local industries but may further reduce US exports of cable casings to the region.
Date: 2023-06-15