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Global Tariffs, Categorized
🇺🇸 United States
🇲🇾 Malaysia
📦 Other vehicles, with both compression-ignition internal combustion piston engine and electric motor as motors for propulsion, other than those capable of being charged by plugging to external source of electric power
🇺🇸 → 🇲🇾

United States to Malaysia Trade Analysis for Other vehicles, with both compression-ignition internal combustion piston engine and electric motor as motors for propulsion, other than those capable of being charged by plugging to external source of electric power

Detailed tariff information for Other vehicles, with both compression-ignition internal combustion piston engine and electric motor as motors for propulsion, other than those capable of being charged by plugging to external source of electric power imports

Other vehicles, with both compression-ignition internal combustion piston engine and electric motor as motors for propulsion, other than those capable of being charged by plugging to external source of electric power Tariff Rate

HS Code:

30%
Effective January 1, 2023
View general trade relationship between United States and Malaysia

Trade Volume

Value
USD 10.2 million
Year
2022
Trend
Increasing due to growing demand for hybrid vehicles in Malaysia

Special Rates

ASEAN Free Trade Area (AFTA)
0% - 5%
Applicable if imported under AFTA agreements with valid Certificate of Origin from ASEAN countries. Not directly applicable for imports from the United States.
Investment Incentives
Exemptions possible
May apply for specific projects or companies under Malaysian Investment Development Authority (MIDA) incentives for green technology or hybrid vehicle assembly.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Malaysia Trade Talks Highlight Hybrid Vehicle Exports
Recent bilateral trade discussions between the US and Malaysia emphasized the export potential of hybrid vehicles with compression-ignition internal combustion engines and electric motors (non-plug-in). Malaysia aims to increase shipments to the US market.
2023-10-15
Impact: This could lead to a rise in Malaysian hybrid vehicle exports to the US, potentially increasing trade volume under HS Code 8704.90 if tariffs and regulations are favorable.
Malaysia Seeks US Market Access for Non-Plug-In Hybrids
Malaysia’s Ministry of International Trade and Industry announced efforts to negotiate better market access for non-plug-in hybrid vehicles in the US, focusing on vehicles with dual propulsion systems.
2023-09-22
Impact: Successful negotiations could reduce trade barriers, boosting Malaysian exports of these vehicles to the US and strengthening bilateral trade ties.
US Importers Show Interest in Malaysian Hybrid Technology
A trade expo in Kuala Lumpur saw US importers exploring Malaysian-made hybrid vehicles with compression-ignition and electric motor propulsion, citing cost-effectiveness and fuel efficiency.
2023-08-30
Impact: Increased US demand may encourage higher production in Malaysia, potentially impacting trade flows positively for this specific vehicle category.
Policy Updates
US Updates Import Tariffs on Hybrid Vehicles
The US Trade Representative announced a review of tariff classifications under HS Code 8704.90, which includes hybrid vehicles with compression-ignition engines and electric motors (non-plug-in), potentially affecting imports from Malaysia with adjusted duty rates.
Date: 2023-10-01
Malaysia Revises Export Incentives for Hybrid Vehicles
Malaysia introduced new export incentives for manufacturers of non-plug-in hybrid vehicles, aiming to bolster trade competitiveness, particularly with key markets like the US.
Date: 2023-09-10