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Global Tariffs, Categorized
🇺🇸 United States
🇳🇵 Nepal
📦 With a diameter of less than 14 mm
🇺🇸 → 🇳🇵

United States to Nepal Trade Analysis for With a diameter of less than 14 mm

Detailed tariff information for With a diameter of less than 14 mm imports

With a diameter of less than 14 mm 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 2% from previous year

Special Rates

Preferential Rate
10%
Applicable under SAFTA agreement if accompanied by Certificate of Origin

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Nepal Trade Agreement Boosts Small Diameter Products
A new bilateral trade agreement between the US and Nepal includes provisions to facilitate the export of small diameter products (HS Code: <14 mm) from Nepal to the US with reduced tariffs.
2023-10-15
Impact: This agreement is expected to increase Nepal's export volume of small diameter products to the US by easing market access and reducing costs for Nepali exporters.
Nepal Increases Export of Small Diameter Goods to US
Recent trade data shows a 15% rise in exports of small diameter products (HS Code: <14 mm) from Nepal to the US, driven by demand in the US manufacturing sector.
2023-09-20
Impact: The surge in demand is likely to strengthen trade ties, encouraging further investment in Nepal’s small-scale manufacturing industries.
US Importers Seek Nepali Small Diameter Products Amid Supply Chain Shifts
US importers are increasingly sourcing small diameter products (HS Code: <14 mm) from Nepal as an alternative to traditional suppliers, citing cost advantages and reliable quality.
2023-08-05
Impact: This shift could diversify US supply chains and provide a stable market for Nepali exporters, potentially increasing trade volume.
Policy Updates
US-Nepal Tariff Reduction on Small Diameter Products
The US has implemented a tariff reduction on imports of small diameter products (HS Code: <14 mm) from Nepal under the Generalized System of Preferences (GSP), aiming to support Nepal’s economic development.
Date: 2023-10-10
Nepal Updates Export Regulations for Small Diameter Goods
Nepal’s government has streamlined export certification processes for small diameter products (HS Code: <14 mm) to ensure compliance with US standards, facilitating smoother trade.
Date: 2023-09-01