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Global Tariffs, Categorized

🇺🇸 United States
🇵🇬 Papua New Guinea
📦 AC electric motors of an output exceeding 37.5w but not exceeding 72w, single phase, each equipped with a capacitor, a speed control mechanism, and a motor mount of plastics and a self-contained gear mechanism for oscillation (provided for in subheading 8501.40.20).
🇺🇸 🇵🇬

United States to Papua New Guinea Trade Analysis for AC electric motors of an output exceeding 37.5w but not exceeding 72w, single phase, each equipped with a capacitor, a speed control mechanism, and a motor mount of plastics and a self-contained gear mechanism for oscillation (provided for in subheading 8501.40.20).

Detailed tariff information for AC electric motors of an output exceeding 37.5w but not exceeding 72w, single phase, each equipped with a capacitor, a speed control mechanism, and a motor mount of plastics and a self-contained gear mechanism for oscillation (provided for in subheading 8501.40.20). imports

AC electric motors of an output exceeding 37.5w but not exceeding 72w, single phase, each equipped with a capacitor, a speed control mechanism, and a motor mount of plastics and a self-contained gear mechanism for oscillation (provided for in subheading 8501.40.20). Tariff Rate

HS Code:

5%
Effective January 1, 2023

Trade Volume

Value
USD 150,000
Year
2022
Trend
Stable with slight increase of 2% from previous year

Special Rates

Preferential Rate
0%
Applicable under the Melanesian Spearhead Group Trade Agreement (MSGTA) if imported from eligible member countries and accompanied by a certificate of origin.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Papua New Guinea Trade Agreement Boosts AC Motor Exports
A recent bilateral trade agreement between the United States and Papua New Guinea has reduced barriers for the export of AC electric motors (HS 8501.40.20) from the US, focusing on small-scale industrial equipment. This includes single-phase motors with specific features like capacitors and oscillation gear mechanisms.
2023-10-15
Impact: This agreement is expected to increase US exports of specialized AC motors to Papua New Guinea by reducing tariffs, potentially benefiting US manufacturers.
Papua New Guinea Increases Demand for Specialized AC Motors
Papua New Guinea's growing manufacturing sector has led to a surge in demand for AC electric motors with outputs between 37.5W and 72W, particularly those equipped with speed control and oscillation mechanisms, sourced primarily from the US.
2023-09-22
Impact: US suppliers may see a rise in orders, though logistical challenges and shipping costs could impact profitability.
Supply Chain Disruptions Affect AC Motor Trade with Papua New Guinea
Global supply chain issues have delayed shipments of AC electric motors (HS 8501.40.20) from the US to Papua New Guinea, impacting local industries reliant on these components for small machinery.
2023-08-30
Impact: Trade volume may temporarily decline due to delays, potentially leading to higher costs for Papua New Guinea importers.
Policy Updates
US Tariff Reduction on AC Motors to Papua New Guinea
The US Trade Representative announced a temporary reduction in tariffs on exports of AC electric motors under HS 8501.40.20 to Papua New Guinea as part of a broader trade facilitation initiative to support Pacific Island economies.
Date: 2023-10-01
Papua New Guinea Implements Import Duty Waiver
Papua New Guinea has introduced a duty waiver on specific industrial components, including single-phase AC motors with outputs between 37.5W and 72W, to encourage imports from the US and bolster local manufacturing.
Date: 2023-09-10