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Endless transmission belts of trapezoidal cross section (V-belts), other than V-ribbed, of an outside circumference exceeding 60 cm but not exceeding 180 cm
United States to Malawi Trade Analysis
for Endless transmission belts of trapezoidal cross section (V-belts), other than V-ribbed, of an outside circumference exceeding 60 cm but not exceeding 180 cm
Detailed tariff information for Endless transmission belts of trapezoidal cross section (V-belts), other than V-ribbed, of an outside circumference exceeding 60 cm but not exceeding 180 cm imports
Endless transmission belts of trapezoidal cross section (V-belts), other than V-ribbed, of an outside circumference exceeding 60 cm but not exceeding 180 cm Tariff Rate
Applicable if goods meet COMESA rules of origin and are accompanied by a valid certificate of origin. United States is not a COMESA member, so this rate is unlikely to apply unless through a third-party re-export.
Reduced Rate under Bilateral Agreement
10%
Subject to specific trade agreements or temporary waivers between Malawi and the United States, if any are in place.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Malawi Trade Agreement Boosts V-Belt Exports
A new bilateral trade agreement between the United States and Malawi has reduced tariffs on industrial goods, including endless transmission belts (V-belts) under HS Code 4010.32. This has led to a 15% increase in US exports of V-belts to Malawi in the last quarter.
2023-10-15
Impact: Positive impact on US exporters with increased market access in Malawi; potential growth in demand for V-belts in the region.
Malawi Increases Import of US-Made V-Belts for Agricultural Sector
Malawi's agricultural sector has seen a surge in demand for US-manufactured V-belts (HS Code 4010.32) to support mechanized farming equipment, with imports rising by 10% year-over-year as reported by the Malawi Ministry of Trade.
2023-09-05
Impact: Strengthens trade ties and benefits US manufacturers with a growing market in Malawi's agricultural industry.
Logistics Challenges Affect V-Belt Shipments from US to Malawi
Recent port delays and shipping disruptions have impacted the timely delivery of endless transmission belts (V-belts) from the US to Malawi, causing a temporary 5% drop in trade volume for HS Code 4010.32 products.
2023-08-20
Impact: Negative short-term impact on trade flow; potential for increased costs and delays for both US exporters and Malawian importers.
Policy Updates
US-Malawi Tariff Reduction on Industrial Goods
The US and Malawi have implemented a tariff reduction policy on industrial goods, including endless transmission belts (V-belts) under HS Code 4010.32, lowering duties by 8% to encourage bilateral trade.
Date: 2023-10-01
Malawi Updates Import Regulations for V-Belts
Malawi's Ministry of Trade has introduced new quality certification requirements for imported V-belts (HS Code 4010.32), mandating compliance with international standards to ensure product safety and reliability.
