Logo

Whatariff.com

Global Tariffs, Categorized

🇺🇸 United States
🇴🇲 Oman
📦 AC electric motors of an output exceeding 37.5 W but not exceeding 74.6 W, single phase, each equipped with a capacitor, rotary speed control mechanism and a motor mounting cooling ring (provided for in subheading 8501.40.20).
🇺🇸 🇴🇲

United States to Oman Trade Analysis for AC electric motors of an output exceeding 37.5 W but not exceeding 74.6 W, single phase, each equipped with a capacitor, rotary speed control mechanism and a motor mounting cooling ring (provided for in subheading 8501.40.20).

Detailed tariff information for AC electric motors of an output exceeding 37.5 W but not exceeding 74.6 W, single phase, each equipped with a capacitor, rotary speed control mechanism and a motor mounting cooling ring (provided for in subheading 8501.40.20). imports

AC electric motors of an output exceeding 37.5 W but not exceeding 74.6 W, single phase, each equipped with a capacitor, rotary speed control mechanism and a motor mounting cooling ring (provided for in subheading 8501.40.20). Tariff Rate

HS Code:

5%
Effective January 1, 2020

Trade Volume

Value
Approximately $1.2 million USD
Year
2022
Trend
Stable with slight growth due to industrial demand in Oman

Special Rates

Preferential Rate
0%
Applicable under the US-Oman Free Trade Agreement (FTA) for qualifying goods with proper documentation and origin certification.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Oman Trade Agreement Boosts AC Motor Exports
Under the US-Oman Free Trade Agreement, exports of AC electric motors (HS 8501.40.20) from the US to Oman have seen a 12% increase in Q3 2023, driven by demand for industrial equipment.
2023-10-15
Impact: Positive impact on US exporters due to reduced tariffs and growing industrial demand in Oman.
Oman Increases Import of US-Made AC Motors for Infrastructure Projects
Oman's recent infrastructure development projects have led to a surge in imports of single-phase AC motors (37.5 W to 74.6 W) from the US, with a reported 8% rise in volume in the past six months.
2023-09-05
Impact: Strengthens trade ties and boosts US manufacturing sectors catering to specific motor specifications.
Supply Chain Delays Impact US-Oman AC Motor Trade
Global shipping delays have temporarily affected the delivery of AC electric motors under HS 8501.40.20 from the US to Oman, causing a backlog at key ports.
2023-08-20
Impact: Negative short-term impact on trade flow, with potential cost increases for buyers in Oman.
Policy Updates
Extension of Duty-Free Access for AC Motors under US-Oman FTA
The US and Oman have agreed to extend duty-free access for specific industrial goods, including AC electric motors under HS 8501.40.20, as part of the Free Trade Agreement review, facilitating smoother trade.
Date: 2023-07-01