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Global Tariffs, Categorized
🇺🇸 United States
🇱🇾 Libya
📦 Railway or tramway track construction material of iron or steel, the following: rails, check-rails and rack rails, switch blades, crossing frogs, point rods and other crossing pieces, sleepers (cross-ties), fish-plates, chairs, chair wedges, sole plates (base plates), rail clips, bedplates, ties and other material specialized for jointing or fixing rails
🇺🇸 → 🇱🇾

United States to Libya Trade Analysis for Railway or tramway track construction material of iron or steel, the following: rails, check-rails and rack rails, switch blades, crossing frogs, point rods and other crossing pieces, sleepers (cross-ties), fish-plates, chairs, chair wedges, sole plates (base plates), rail clips, bedplates, ties and other material specialized for jointing or fixing rails

Detailed tariff information for Railway or tramway track construction material of iron or steel, the following: rails, check-rails and rack rails, switch blades, crossing frogs, point rods and other crossing pieces, sleepers (cross-ties), fish-plates, chairs, chair wedges, sole plates (base plates), rail clips, bedplates, ties and other material specialized for jointing or fixing rails imports

Railway or tramway track construction material of iron or steel, the following: rails, check-rails and rack rails, switch blades, crossing frogs, point rods and other crossing pieces, sleepers (cross-ties), fish-plates, chairs, chair wedges, sole plates (base plates), rail clips, bedplates, ties and other material specialized for jointing or fixing rails Tariff Rate

HS Code:

5%
Effective January 1, 2023
View general trade relationship between United States and Libya

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable

Special Rates

Preferential Rate
0%
Applicable under specific trade agreements or for development projects approved by the Libyan government.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
Limited Trade Activity in Railway Materials Between US and Libya
Recent trade data indicates minimal to no significant transactions of railway or tramway track construction materials (HS Code: 7302) between the United States and Libya. This is attributed to ongoing political instability in Libya and limited infrastructure development projects.
2023-10-15
Impact: The lack of trade in this sector reflects challenges in establishing consistent export-import relationships, potentially delaying railway infrastructure projects in Libya.
US Export Restrictions Impact Railway Material Shipments to Libya
Due to existing US sanctions and export controls on Libya, there have been no recorded exports of railway track construction materials (HS Code: 7302) from the US to Libya in recent months, as reported by trade monitoring agencies.
2023-09-20
Impact: US companies face barriers in accessing the Libyan market for railway materials, limiting potential business opportunities and infrastructure support.
Libya's Infrastructure Plans Stalled, Affecting US Trade Prospects
Libya's plans for railway network expansion have been delayed due to internal conflicts and funding issues, resulting in no demand for railway track materials (HS Code: 7302) from the United States, according to industry reports.
2023-08-05
Impact: The stalled infrastructure projects in Libya reduce the potential for US exporters to engage in trade of specialized railway materials, affecting bilateral trade growth.
Policy Updates
US Sanctions on Libya Remain in Place
The United States continues to enforce sanctions on Libya under various executive orders, restricting trade in certain goods, including specialized industrial materials like railway track construction components (HS Code: 7302), unless specific licenses are obtained from the Office of Foreign Assets Control (OFAC).
Date: 2023-07-10
Libya's Import Regulations Tightened
Libyan authorities have introduced stricter import controls and documentation requirements for industrial goods, including railway materials (HS Code: 7302), as part of efforts to regulate foreign trade amidst economic challenges.
Date: 2023-06-15