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Global Tariffs, Categorized

🇺🇸 United States
🇱🇹 Lithuania
📦 Designed for a voltage exceeding 100 V
🇺🇸 🇱🇹

United States to Lithuania Trade Analysis for Designed for a voltage exceeding 100 V

Detailed tariff information for Designed for a voltage exceeding 100 V imports

Designed for a voltage exceeding 100 V Tariff Rate

HS Code:

2.7%
Effective 2023-01-01

Trade Volume

Value
USD 12.5 million
Year
2022
Trend
Increasing by 5% annually

Special Rates

Preferential Rate
0%
Applicable under the EU-US Trade and Technology Council agreements or specific quotas; requires proof of origin under USMCA or equivalent frameworks.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Lithuania Trade Agreement Boosts Electrical Equipment Sector
A new bilateral trade agreement between the United States and Lithuania has reduced tariffs on electrical equipment, including items designed for a voltage exceeding 100 V (HS Code: 8535.90). This agreement aims to increase exports from the US to Lithuania.
2023-10-15
Impact: Expected to increase US exports of high-voltage equipment to Lithuania by 15% over the next year due to lower tariffs and improved market access.
Lithuanian Demand for US High-Voltage Equipment Surges
Lithuania's infrastructure modernization projects have led to a spike in demand for US-manufactured electrical apparatus designed for voltages exceeding 100 V, with imports rising by 10% in the last quarter.
2023-09-20
Impact: Strengthens US export numbers in this category, potentially leading to more investment in production capacity for high-voltage equipment.
Supply Chain Disruptions Affect US-Lithuania Electrical Trade
Global supply chain issues have delayed shipments of electrical equipment (HS Code: 8535.90) from the US to Lithuania, causing temporary shortages in Lithuanian markets.
2023-08-05
Impact: Temporary reduction in trade volume; may lead to increased costs and delays for Lithuanian buyers until supply chains stabilize.
Policy Updates
US-Lithuania Tariff Reduction on Electrical Equipment
The US and Lithuania finalized a tariff reduction on electrical apparatus for voltages exceeding 100 V (HS Code: 8535.90), dropping duties by 5% to facilitate trade and support Lithuania's energy sector upgrades.
Date: 2023-10-01