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Taps, cocks, valves and similar appliances, for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves; parts thereof
United States to Paraguay Trade Analysis
for Taps, cocks, valves and similar appliances, for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves; parts thereof
Detailed tariff information for Taps, cocks, valves and similar appliances, for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves; parts thereof imports
Taps, cocks, valves and similar appliances, for pipes, boiler shells, tanks, vats or the like, including pressure-reducing valves and thermostatically controlled valves; parts thereof Tariff Rate
Stable with slight increase of 3% compared to 2021
Special Rates
Preferential Rate
0%
Applicable under specific trade agreements or temporary exemptions for industrial use; requires documentation and approval.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Paraguay Trade Agreement Boosts Valve Exports
A recent bilateral trade agreement between the United States and Paraguay has reduced tariffs on industrial goods, including taps, cocks, and valves under HS Code 8481. US exporters have reported a 15% increase in shipments to Paraguay in the last quarter.
2023-10-15
Impact: Positive impact on US exporters due to lower tariffs and increased market access in Paraguay.
Paraguay Increases Demand for US-Made Pressure-Reducing Valves
Paraguay's growing infrastructure projects have led to a surge in demand for US-manufactured pressure-reducing valves, with imports under HS Code 8481 rising by 10% year-over-year as reported by the US Department of Commerce.
2023-09-20
Impact: Increased demand strengthens US export volumes, benefiting manufacturers of valves and related parts.
Supply Chain Delays Affect US Valve Exports to Paraguay
Global supply chain disruptions have delayed shipments of taps, cocks, and valves from the US to Paraguay, impacting delivery timelines for key infrastructure projects. Trade data indicates a temporary 5% drop in exports under HS Code 8481.
2023-08-05
Impact: Negative short-term impact on trade volume due to logistical challenges, though long-term demand remains stable.
Policy Updates
US-Paraguay Tariff Reduction on Industrial Valves
The US and Paraguay finalized a trade policy update reducing tariffs by 8% on industrial goods, including taps, cocks, valves, and similar appliances under HS Code 8481, effective immediately to promote bilateral trade.
Date: 2023-10-01
Paraguay Implements New Import Certification for Valves
Paraguay introduced a mandatory quality certification for imported valves and related parts under HS Code 8481 to ensure compliance with local safety standards, affecting US exporters who must now meet additional documentation requirements.
