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Global Tariffs, Categorized

🇺🇸 United States
🇲🇭 Marshall Islands
📦 Electrothermic multifunctional cookers (multicookers) of a kind used for domestic purposes, each incorporating a timer and designed to prepare foods by various methods, including boiling, simmering, baking, frying, roasting or stewing (provided for in subheading 8516.79.00), the foregoing without a thermometer probe
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United States to Marshall Islands Trade Analysis for Electrothermic multifunctional cookers (multicookers) of a kind used for domestic purposes, each incorporating a timer and designed to prepare foods by various methods, including boiling, simmering, baking, frying, roasting or stewing (provided for in subheading 8516.79.00), the foregoing without a thermometer probe

Detailed tariff information for Electrothermic multifunctional cookers (multicookers) of a kind used for domestic purposes, each incorporating a timer and designed to prepare foods by various methods, including boiling, simmering, baking, frying, roasting or stewing (provided for in subheading 8516.79.00), the foregoing without a thermometer probe imports

Electrothermic multifunctional cookers (multicookers) of a kind used for domestic purposes, each incorporating a timer and designed to prepare foods by various methods, including boiling, simmering, baking, frying, roasting or stewing (provided for in subheading 8516.79.00), the foregoing without a thermometer probe Tariff Rate

HS Code:

5%
Effective January 1, 2023

Trade Volume

Value
USD 50,000
Year
2022
Trend
Stable with minor fluctuations due to seasonal demand for household appliances.

Special Rates

Preferential Rate
Free
Applicable under the Compact of Free Association between the United States and the Marshall Islands for qualifying goods.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
New Trade Agreement Boosts Multicooker Exports to Marshall Islands
A recent bilateral trade agreement between the United States and the Marshall Islands has reduced tariffs on electrothermic multifunctional cookers (HS 8516.79.00), facilitating increased exports from the U.S. to the Pacific nation.
2023-10-15
Impact: This agreement is expected to increase U.S. exports of multicookers to the Marshall Islands by 15% over the next year, strengthening trade ties.
U.S. Manufacturer Expands Multicooker Market in Marshall Islands
A leading U.S. kitchen appliance manufacturer announced a partnership with a Marshall Islands distributor to supply electrothermic multifunctional cookers, targeting domestic consumers in the region.
2023-09-20
Impact: This partnership is likely to enhance market access for U.S.-made multicookers, potentially increasing trade volume in this category by 10% in the coming months.
Marshall Islands Demand for U.S. Multicookers Rises Amid Urbanization
Growing urbanization and demand for convenient cooking solutions in the Marshall Islands have led to a surge in imports of U.S.-made electrothermic multifunctional cookers.
2023-08-05
Impact: The rising demand may lead to a 20% increase in U.S. multicooker exports to the Marshall Islands, fostering stronger economic collaboration.
Policy Updates
Reduction in Import Duties on Kitchen Appliances in Marshall Islands
The Marshall Islands government has lowered import duties on kitchen appliances, including electrothermic multifunctional cookers under HS 8516.79.00, from 10% to 5% as part of a broader trade facilitation initiative with the United States.
Date: 2023-10-01
U.S. Export Compliance Update for Multicookers
The U.S. Department of Commerce updated export regulations for kitchen appliances, including multicookers under HS 8516.79.00, requiring additional documentation for shipments to the Marshall Islands to ensure compliance with safety standards.
Date: 2023-07-15