United States to Morocco Trade Analysis
for Folding two-handled multi-use tools in which one or more tools are housed in each handle and one or more of the tools is a folding knife blade
Detailed tariff information for Folding two-handled multi-use tools in which one or more tools are housed in each handle and one or more of the tools is a folding knife blade imports
Folding two-handled multi-use tools in which one or more tools are housed in each handle and one or more of the tools is a folding knife blade Tariff Rate
Stable, with minor fluctuations due to seasonal demand
Special Rates
Preferential Rate
0%
Applicable under the United States-Morocco Free Trade Agreement (USMFTA) for qualifying goods with proper documentation of origin.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S.-Morocco Trade Agreement Boosts Tool Exports
A recent bilateral trade agreement between the U.S. and Morocco has reduced tariffs on multi-use tools, including folding two-handled tools with knife blades (HS Code: 8211.93), leading to a 15% increase in U.S. exports to Morocco in this category.
2023-10-15
Impact: Positive impact on U.S. exporters of multi-use tools due to reduced tariffs, potentially increasing market share in Morocco.
Morocco Increases Import Demand for Multi-Use Tools
Morocco's growing construction and outdoor recreation sectors have driven a surge in demand for multi-use tools with folding knife blades, with U.S. suppliers reporting a 10% rise in orders over the past quarter.
2023-09-20
Impact: Increased demand may lead to higher export volumes for U.S. manufacturers, strengthening trade ties.
U.S. Tool Manufacturers Face Logistics Challenges in Morocco Trade
U.S. exporters of folding multi-use tools have encountered shipping delays and port congestion issues when exporting to Morocco, affecting delivery timelines for products under HS Code 8211.93.
2023-08-05
Impact: Negative short-term impact on trade efficiency, potentially increasing costs and delaying market penetration.
Under the U.S.-Morocco Free Trade Agreement, tariffs on certain tools, including folding two-handled multi-use tools with knife blades (HS Code: 8211.93), have been reduced by 5% to encourage bilateral trade.
