Stable with slight increase of 3% compared to 2021
Special Rates
Preferential Rate
0%
Applicable under the EU-US Trade Agreement for qualifying goods with proper documentation (e.g., Certificate of Origin).
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Increases Exports of Clasps and Frames with Locks to Malta
Recent trade data shows a 12% increase in U.S. exports of clasps and frames with clasps, incorporating locks (HS Code: 8301.50) to Malta in Q3 2023, driven by demand in Malta's security and manufacturing sectors.
2023-10-15
Impact: This growth strengthens bilateral trade ties and may encourage further U.S. investment in Malta's market for security hardware.
Malta Implements Stricter Import Standards for Lock-Incorporated Clasps
Malta has introduced new quality control measures for imported clasps and frames with locks (HS Code: 8301.50), affecting U.S. exporters who must now comply with enhanced safety and durability standards.
2023-09-20
Impact: U.S. exporters may face higher compliance costs and delays, potentially reducing short-term trade volume until adjustments are made.
U.S.-Malta Trade Agreement Boosts Hardware Sector
A recent trade agreement between the U.S. and Malta includes provisions to facilitate the export of hardware, including clasps and frames with locks (HS Code: 8301.50), by reducing bureaucratic hurdles.
2023-08-05
Impact: This agreement is expected to increase trade efficiency and lower costs, benefiting U.S. exporters targeting the Maltese market.
Policy Updates
Malta Updates Import Tariffs on HS Code 8301.50
Malta has revised its tariff structure for clasps and frames with clasps, incorporating locks (HS Code: 8301.50), increasing the duty rate by 2% to support local manufacturers while maintaining EU compliance.
Date: 2023-10-01
U.S. Export Control Review for Security Hardware
The U.S. Department of Commerce announced a review of export controls for security hardware, including clasps and frames with locks (HS Code: 8301.50), to ensure compliance with international security standards, potentially affecting shipments to Malta.
