Applicable under the United States-Peru Trade Promotion Agreement (PTPA) for qualifying goods with proper documentation and origin certification.
Additional Information
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Last updated: 1 year ago
News and Updates
Recent News
U.S.-Peru Trade Agreement Boosts Small Diameter Pipe Exports
Under the U.S.-Peru Free Trade Agreement, exports of small diameter pipes (HS Code: 7306.30) with a diameter less than 76 mm have seen a 12% increase in the last quarter due to reduced tariffs and streamlined customs processes.
2023-10-15
Impact: Positive impact on U.S. exporters as reduced tariffs make small diameter pipes more competitive in the Peruvian market, potentially increasing market share.
Peruvian Demand for U.S. Steel Pipes Surges Amid Infrastructure Projects
Peru's ongoing infrastructure development has led to a spike in demand for U.S.-made small diameter steel pipes (HS Code: 7306.30), with imports rising by 8% year-over-year as reported by the U.S. Department of Commerce.
2023-09-22
Impact: Increased demand strengthens trade ties and benefits U.S. manufacturers, though supply chain constraints could pose challenges.
Logistics Delays Impact U.S.-Peru Pipe Trade
Recent port congestion in Peru has delayed shipments of small diameter pipes (HS Code: 7306.30) from the U.S., causing a temporary dip in trade volume for this category as reported by industry sources.
2023-08-10
Impact: Negative short-term impact on trade flow, with potential cost increases for U.S. exporters and Peruvian importers due to delays.
Policy Updates
U.S.-Peru FTA Review on Industrial Goods Tariffs
The U.S. and Peru have initiated a review of the Free Trade Agreement to assess tariff structures on industrial goods, including small diameter pipes (HS Code: 7306.30), with potential adjustments to further reduce barriers by Q1 2024.
