Applicable under specific trade agreements or for development projects with prior approval from Mongolian authorities
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Last updated: 1 year ago
News and Updates
Recent News
US-Mongolia Trade Agreement Boosts Auto Parts Exports
A new bilateral trade agreement between the United States and Mongolia has facilitated an increase in exports of starter motors and dual-purpose starter-generators (HS Code: 8511.40) from the US to Mongolia, with a reported 20% rise in shipments this quarter.
2023-10-15
Impact: This agreement is likely to enhance market access for US manufacturers, potentially increasing export volumes and strengthening trade ties.
Mongolian Demand for US Starter Motors Surges Amid Mining Boom
The ongoing mining boom in Mongolia has led to a surge in demand for heavy machinery, driving imports of US-made starter motors and starter-generators (HS Code: 8511.40) to support equipment maintenance and operations.
2023-09-22
Impact: Increased demand could lead to higher export revenues for US suppliers, though supply chain constraints may pose challenges.
Logistics Challenges Impact US-Mongolia Auto Parts Trade
Recent disruptions in global shipping have delayed deliveries of starter motors and dual-purpose starter-generators (HS Code: 8511.40) from the US to Mongolia, causing temporary shortages in the Mongolian market.
2023-08-30
Impact: Trade flows may face short-term interruptions, potentially increasing costs and affecting delivery timelines for US exporters.
Policy Updates
US Reduces Tariffs on Auto Parts Exports to Mongolia
The US government has announced a temporary reduction in tariffs on certain auto parts, including starter motors and dual-purpose starter-generators (HS Code: 8511.40), exported to Mongolia as part of a broader trade promotion initiative.
Date: 2023-10-01
Mongolia Introduces New Import Regulations for Machinery Parts
Mongolia has implemented stricter quality control standards for imported machinery parts, including starter motors (HS Code: 8511.40), which may require US exporters to adapt certification processes to meet compliance.
