Applicable under specific trade agreements or for temporary exemptions if the product meets origin criteria or is used for specific purposes (e.g., industrial assembly). Requires documentation.
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Last updated: 1 year ago
News and Updates
Recent News
U.S. Increases Imports of Weighing Equipment from Paraguay
Recent trade data shows a 12% increase in imports of weighing equipment with a maximum capacity not exceeding 30 kg (HS Code: 8423.81) from Paraguay to the United States, driven by demand in retail and industrial sectors.
2023-10-15
Impact: This surge strengthens bilateral trade ties and may encourage further investment in Paraguayan manufacturing for export.
Paraguay Boosts Export Capacity for Small-Scale Weighing Devices
Paraguayan manufacturers have expanded production of weighing machines under 30 kg capacity, targeting the U.S. market with competitive pricing and quality improvements.
2023-09-22
Impact: Increased export capacity could lead to a higher market share for Paraguay in the U.S., potentially impacting domestic U.S. producers.
Trade Agreement Discussions Include Weighing Equipment Sector
During recent U.S.-Paraguay trade talks, both nations discussed enhancing market access for specific goods, including weighing equipment under HS Code 8423.81, to reduce trade barriers.
2023-08-30
Impact: If finalized, these discussions could lower tariffs and boost trade volume for weighing equipment between the two countries.
Policy Updates
U.S. Tariff Review on HS Code 8423.81 Imports
The U.S. International Trade Commission is reviewing tariff rates on imports of weighing machinery not exceeding 30 kg capacity (HS Code: 8423.81), with potential adjustments to be announced by Q1 2024.
Date: 2023-10-01
Paraguay Introduces Export Incentive for Industrial Goods
Paraguay has implemented a tax rebate program for exporters of industrial goods, including weighing equipment under 30 kg capacity, to encourage trade with key partners like the United States.