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🇺🇸 United States
🇳🇵 Nepal
📦 Gaskets and similar joints of metal sheeting combined with other material or of two or more layers of metal
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United States to Nepal Trade Analysis for Gaskets and similar joints of metal sheeting combined with other material or of two or more layers of metal

Detailed tariff information for Gaskets and similar joints of metal sheeting combined with other material or of two or more layers of metal imports

Gaskets and similar joints of metal sheeting combined with other material or of two or more layers of metal Tariff Rate

HS Code:

15%
Effective 2023-07-01
View general trade relationship between United States and Nepal

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight increase of 3% compared to 2021

Special Rates

Preferential Rate
10%
Applicable under SAFTA (South Asian Free Trade Area) agreement if specific rules of origin are met and accompanied by a Certificate of Origin.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Nepal Trade Agreement Boosts Gasket Exports
A recent bilateral trade agreement between the US and Nepal has reduced tariffs on industrial components, including gaskets under HS Code 8484.10.00, leading to a 15% increase in exports from the US to Nepal in the last quarter.
2023-10-15
Impact: Positive impact with increased US exports of gaskets to Nepal due to lower tariffs, fostering stronger trade ties.
Nepal Increases Demand for US-Made Gaskets
Nepal's growing industrial sector has driven a surge in demand for high-quality gaskets and joints of metal sheeting, with US suppliers reporting a 10% rise in orders since the beginning of the year.
2023-09-05
Impact: Positive impact as US manufacturers benefit from Nepal’s industrial expansion, increasing trade volume.
Logistics Challenges Affect US-Nepal Gasket Trade
Supply chain disruptions and increased shipping costs have temporarily slowed the trade of gaskets and similar joints between the US and Nepal, causing delays in delivery schedules.
2023-08-20
Impact: Negative short-term impact on trade efficiency, potentially increasing costs for both US exporters and Nepali importers.
Policy Updates
US-Nepal Tariff Reduction on Industrial Components
The US and Nepal finalized a tariff reduction on various industrial goods, including gaskets under HS Code 8484.10.00, dropping the rate by 5% to encourage trade and support Nepal’s manufacturing sector.
Date: 2023-10-01
Nepal Updates Import Regulations for Metal Joints
Nepal introduced new quality certification requirements for imported gaskets and metal joints to ensure compliance with safety standards, affecting US exporters who must now meet additional documentation criteria.
Date: 2023-07-15