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Global Tariffs, Categorized

🇺🇸 United States
🇵🇪 Peru
📦 Submersible multi-phase motors designed for use with pumps, such motors cylindrical in shape, each having a diameter exceeding 22 cm but not exceeding 35 cm and a length exceeding 150 cm but not exceeding 230 cm, the foregoing with a power output exceeding 149.2 kW but not exceeding 150 kW (provided for in subheading 8501.53.60)
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United States to Peru Trade Analysis for Submersible multi-phase motors designed for use with pumps, such motors cylindrical in shape, each having a diameter exceeding 22 cm but not exceeding 35 cm and a length exceeding 150 cm but not exceeding 230 cm, the foregoing with a power output exceeding 149.2 kW but not exceeding 150 kW (provided for in subheading 8501.53.60)

Detailed tariff information for Submersible multi-phase motors designed for use with pumps, such motors cylindrical in shape, each having a diameter exceeding 22 cm but not exceeding 35 cm and a length exceeding 150 cm but not exceeding 230 cm, the foregoing with a power output exceeding 149.2 kW but not exceeding 150 kW (provided for in subheading 8501.53.60) imports

Submersible multi-phase motors designed for use with pumps, such motors cylindrical in shape, each having a diameter exceeding 22 cm but not exceeding 35 cm and a length exceeding 150 cm but not exceeding 230 cm, the foregoing with a power output exceeding 149.2 kW but not exceeding 150 kW (provided for in subheading 8501.53.60) Tariff Rate

HS Code:

0%
Effective January 1, 2012

Trade Volume

Value
Approximately $1.2 million USD
Year
2022
Trend
Stable with slight growth in demand for industrial equipment

Special Rates

Preferential Tariff
0%
Applicable under the Peru-U.S. Trade Promotion Agreement for qualifying goods with proper documentation (Certificate of Origin).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S.-Peru Trade Agreement Boosts Submersible Motor Exports
Under the U.S.-Peru Trade Promotion Agreement, exports of submersible multi-phase motors (HS 8501.53.60) from the U.S. to Peru have seen a 12% increase in the last quarter, driven by demand in Peru's mining and agricultural sectors for high-power pump systems.
2023-10-15
Impact: Positive impact on U.S. manufacturers of submersible motors, with reduced tariffs under the agreement facilitating market access in Peru.
Peruvian Import Surge for U.S. Submersible Motors
Peru reported a significant uptick in imports of U.S.-made submersible multi-phase motors with specific dimensions and power outputs (149.2 kW to 150 kW), attributed to infrastructure projects requiring advanced water management systems.
2023-09-20
Impact: Increased demand strengthens trade ties, benefiting U.S. exporters while supporting Peru's infrastructure development.
Logistics Challenges Impact U.S.-Peru Motor Trade
Recent supply chain disruptions at key U.S. ports have delayed shipments of submersible motors to Peru, affecting delivery timelines for motors classified under HS 8501.53.60, critical for Peruvian industrial applications.
2023-08-05
Impact: Temporary negative impact on trade flow, with potential cost increases for Peruvian buyers and backlog for U.S. suppliers.
Policy Updates
U.S.-Peru Trade Promotion Agreement Review
The U.S. and Peru reviewed the terms of their Trade Promotion Agreement, reaffirming zero-tariff access for specific industrial goods, including submersible multi-phase motors under HS 8501.53.60, to promote bilateral trade.
Date: 2023-07-10