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Global Tariffs, Categorized

🇺🇸 United States
🇵🇰 Pakistan
📦 Other, stranded wire having a lay or twist of not more than 1 revolution for a length equal to the strand diameter multiplied by 8.5
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United States to Pakistan Trade Analysis for Other, stranded wire having a lay or twist of not more than 1 revolution for a length equal to the strand diameter multiplied by 8.5

Detailed tariff information for Other, stranded wire having a lay or twist of not more than 1 revolution for a length equal to the strand diameter multiplied by 8.5 imports

Other, stranded wire having a lay or twist of not more than 1 revolution for a length equal to the strand diameter multiplied by 8.5 Tariff Rate

HS Code:

11%
Effective July 1, 2022

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight increase of 2% from previous year

Special Rates

Preferential Rate under Pak-US Trade Agreement
0%
Applicable only to specific exporters with certification of origin from the US under agreed trade terms.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Pakistan Trade Agreement on Stranded Wire Exports
The United States and Pakistan have finalized a trade agreement to facilitate the export of stranded wire (HS Code: Other) with specific lay or twist requirements. This agreement aims to boost bilateral trade in industrial materials.
2023-10-15
Impact: Expected to increase Pakistan's export volume of stranded wire to the US by reducing tariffs and streamlining customs processes.
US Imposes Quality Standards on Stranded Wire Imports from Pakistan
The US Department of Commerce introduced stricter quality control measures for stranded wire imports from Pakistan to ensure compliance with safety and manufacturing standards.
2023-09-20
Impact: May temporarily slow down imports from Pakistan as manufacturers adapt to new standards, potentially increasing costs for exporters.
Pakistan Seeks to Expand Stranded Wire Market in the US
Pakistan’s Ministry of Commerce announced initiatives to promote stranded wire exports to the US, including subsidies for manufacturers meeting specific twist and lay criteria under HS Code classification.
2023-08-05
Impact: Likely to enhance competitiveness of Pakistani stranded wire in the US market, potentially increasing market share.
Policy Updates
US Tariff Adjustment for Stranded Wire Imports
The US International Trade Commission announced a tariff reduction of 2.5% on stranded wire imports under specific HS Code classifications, including those with lay or twist of not more than 1 revolution for a length equal to the strand diameter multiplied by 8.5, effective from November 2023.
Date: 2023-10-01
Pakistan Export Incentive Program for Industrial Wires
Pakistan’s government introduced a new export incentive program offering tax rebates to manufacturers of stranded wire meeting international standards, aiming to boost trade with key markets like the US.
Date: 2023-09-10