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Global Tariffs, Categorized

🇺🇸 United States
🇱🇾 Libya
📦 New fuel pumps for compression-ignition engines, other than fuel-injection pumps, such pumps measuring 2 cm or more but not over 163 cm in length, 2 cm or more but less than 127 cm in width and 2 cm or more but less than 95 cm in height (provided for in subheading 8413.30.90)
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United States to Libya Trade Analysis for New fuel pumps for compression-ignition engines, other than fuel-injection pumps, such pumps measuring 2 cm or more but not over 163 cm in length, 2 cm or more but less than 127 cm in width and 2 cm or more but less than 95 cm in height (provided for in subheading 8413.30.90)

Detailed tariff information for New fuel pumps for compression-ignition engines, other than fuel-injection pumps, such pumps measuring 2 cm or more but not over 163 cm in length, 2 cm or more but less than 127 cm in width and 2 cm or more but less than 95 cm in height (provided for in subheading 8413.30.90) imports

New fuel pumps for compression-ignition engines, other than fuel-injection pumps, such pumps measuring 2 cm or more but not over 163 cm in length, 2 cm or more but less than 127 cm in width and 2 cm or more but less than 95 cm in height (provided for in subheading 8413.30.90) Tariff Rate

HS Code:

5%
Effective January 1, 2023

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight increase due to post-conflict industrial recovery in Libya

Special Rates

Preferential Rate
0%
Applicable under specific trade agreements or for reconstruction projects with prior approval from Libyan authorities.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Libya Trade Agreement Boosts Fuel Pump Exports
A new trade agreement between the United States and Libya has facilitated an increase in exports of fuel pumps for compression-ignition engines under HS Code 8413.30.90. The agreement reduces tariffs, encouraging US manufacturers to target the Libyan market for industrial applications.
2023-10-15
Impact: Positive impact on US exporters with potential for increased sales and market expansion in Libya; Libyan industries may benefit from access to high-quality fuel pumps.
Libyan Import Surge for US-Made Fuel Pumps
Recent data shows a significant rise in Libyan imports of US-made fuel pumps measuring within the specified dimensions (2 cm to 163 cm in length, etc.) under subheading 8413.30.90, driven by demand in the oil and gas sector.
2023-09-22
Impact: Strengthens US-Libya trade ties in industrial equipment; US manufacturers may see sustained demand growth in this niche market.
US Exporters Face Logistics Challenges in Libya for Fuel Pump Shipments
US exporters of fuel pumps for compression-ignition engines (HS 8413.30.90) have reported logistical delays in shipments to Libya due to port inefficiencies and regional instability, affecting delivery timelines.
2023-08-30
Impact: Negative short-term impact on trade efficiency; potential cost increases for US exporters and delays for Libyan buyers.
Policy Updates
US-Libya Bilateral Trade Tariff Reduction
The US and Libya have agreed to reduce tariffs on industrial machinery, including fuel pumps under HS Code 8413.30.90, as part of a broader effort to strengthen economic ties and support Libya's industrial rebuilding efforts.
Date: 2023-10-01