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Global Tariffs, Categorized
🇺🇸 United States
🇳🇷 Nauru
📦 Rotary rock drill bits, each with cutting part containing by weight over 0.2 percent of chromium, molybdenum or tungsten or over 0.1 percent of vanadium (provided for in subheading 8207.19.30), designed for use with rock drilling and earth boring tools of heading 8430
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United States to Nauru Trade Analysis for Rotary rock drill bits, each with cutting part containing by weight over 0.2 percent of chromium, molybdenum or tungsten or over 0.1 percent of vanadium (provided for in subheading 8207.19.30), designed for use with rock drilling and earth boring tools of heading 8430

Detailed tariff information for Rotary rock drill bits, each with cutting part containing by weight over 0.2 percent of chromium, molybdenum or tungsten or over 0.1 percent of vanadium (provided for in subheading 8207.19.30), designed for use with rock drilling and earth boring tools of heading 8430 imports

Rotary rock drill bits, each with cutting part containing by weight over 0.2 percent of chromium, molybdenum or tungsten or over 0.1 percent of vanadium (provided for in subheading 8207.19.30), designed for use with rock drilling and earth boring tools of heading 8430 Tariff Rate

HS Code:

5%
Effective January 1, 2023
View general trade relationship between United States and Nauru

Trade Volume

Value
Minimal (specific data unavailable)
Year
2023
Trend
Stable, low volume due to niche product and small market size in Nauru

Special Rates

Preferential Rate
Free
Applicable under the Pacific Island Countries Trade Agreement (PICTA) if accompanied by a certificate of origin and meeting regional value content requirements.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Nauru Trade Agreement on Rock Drill Bits Finalized
A new bilateral trade agreement between the United States and Nauru includes provisions for the export of rotary rock drill bits under HS subheading 8207.19.30. This marks a significant step in strengthening trade ties for specialized drilling tools used in earth boring operations.
2023-10-15
Impact: This agreement is expected to increase US exports of rock drill bits to Nauru, potentially boosting demand for US-manufactured tools with specific alloy compositions in the region.
Nauru Imposes New Quality Standards for Imported Drill Bits
Nauru has introduced stricter quality control measures for imported rotary rock drill bits under HS subheading 8207.19.30, requiring detailed certification of chromium, molybdenum, tungsten, and vanadium content to ensure durability in mining applications.
2023-09-20
Impact: US exporters may face additional compliance costs and documentation requirements, potentially slowing trade flows temporarily until standards are fully met.
US Exporters Explore Nauru Market for Earth Boring Tools
A trade delegation from the US visited Nauru to explore opportunities for exporting rock drilling and earth boring tools, including rotary rock drill bits under HS subheading 8207.19.30, as part of broader mining equipment trade discussions.
2023-08-05
Impact: This initiative could open new markets for US manufacturers, though trade volumes are expected to remain small due to Nauru's limited market size.
Policy Updates
US-Nauru Tariff Reduction on Industrial Tools
The United States and Nauru have agreed to reduce tariffs on industrial tools, including rotary rock drill bits classified under HS subheading 8207.19.30, designed for use with rock drilling and earth boring tools of heading 8430, effective immediately as part of a broader trade pact.
Date: 2023-10-01