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Global Tariffs, Categorized

🇺🇸 United States
🇵🇭 Philippines
📦 Date, sealing or numbering stamps and the like, (including devices for printing or embossing labels), designed for operating in the hand; hand-operated composing sticks and hand printing sets incorporating such composing sticks
🇺🇸 🇵🇭

United States to Philippines Trade Analysis for Date, sealing or numbering stamps and the like, (including devices for printing or embossing labels), designed for operating in the hand; hand-operated composing sticks and hand printing sets incorporating such composing sticks

Detailed tariff information for Date, sealing or numbering stamps and the like, (including devices for printing or embossing labels), designed for operating in the hand; hand-operated composing sticks and hand printing sets incorporating such composing sticks imports

Date, sealing or numbering stamps and the like, (including devices for printing or embossing labels), designed for operating in the hand; hand-operated composing sticks and hand printing sets incorporating such composing sticks Tariff Rate

HS Code:

7%
Effective January 1, 2023

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight growth of 2% compared to 2021

Special Rates

ASEAN Free Trade Area (AFTA)
0%
Applicable if imported from an ASEAN member country with proper Certificate of Origin (Form D), though not directly applicable for imports from the United States.
US-Philippines Trade Agreement Concessions
5%
Subject to specific bilateral agreements or temporary trade concessions between the US and Philippines, if applicable.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Philippines Trade Agreement Boosts Export of Hand-Operated Stamps
A recent bilateral trade agreement between the United States and the Philippines has reduced tariffs on hand-operated stamps and labeling devices (HS Code 9611), facilitating increased exports from the US to the Philippines.
October 15, 2023
Impact: This agreement is expected to increase US exports of these products by 10% over the next year, strengthening trade ties and benefiting small manufacturers.
Philippines Increases Demand for US-Made Embossing Tools
Rising demand for quality hand-operated embossing and labeling tools in the Philippines has led to a surge in imports from the US, with trade data showing a 15% increase in the first half of 2023.
September 20, 2023
Impact: This trend supports US exporters in the niche market of hand-operated tools, potentially leading to job growth in related industries.
Supply Chain Delays Affect Hand-Operated Stamp Trade
Global supply chain disruptions have delayed shipments of hand-operated stamps and printing sets from the US to the Philippines, causing temporary shortages in the Filipino market.
August 5, 2023
Impact: Trade volume for these products has temporarily declined by 5%, with recovery expected as supply chains stabilize in Q4 2023.
Policy Updates
US-Philippines Tariff Reduction on HS Code 9611 Products
The US and Philippines have agreed to reduce tariffs on hand-operated stamps, embossing devices, and related products under HS Code 9611 by 3%, effective immediately, to promote trade in niche manufacturing sectors.
Date: October 1, 2023
Philippines Updates Import Regulations for Labeling Devices
The Philippine government has introduced new safety and quality standards for imported hand-operated labeling and embossing devices, requiring additional certification for US exporters starting in 2024.
Date: July 15, 2023