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Global Tariffs, Categorized
🇺🇸 United States
🇵🇹 Portugal
📦 Weighing machinery (excluding balances of a sensitivity of 5 cg or better), including weight-operated counting or checking machines; weighing machine weights of all kinds; parts of weighing machinery
🇺🇸 → 🇵🇹

United States to Portugal Trade Analysis for Weighing machinery (excluding balances of a sensitivity of 5 cg or better), including weight-operated counting or checking machines; weighing machine weights of all kinds; parts of weighing machinery

Detailed tariff information for Weighing machinery (excluding balances of a sensitivity of 5 cg or better), including weight-operated counting or checking machines; weighing machine weights of all kinds; parts of weighing machinery imports

Weighing machinery (excluding balances of a sensitivity of 5 cg or better), including weight-operated counting or checking machines; weighing machine weights of all kinds; parts of weighing machinery Tariff Rate

HS Code:

2.7%
Effective 2023-01-01
View general trade relationship between United States and Portugal

Trade Volume

Value
Approx. €12.5 million
Year
2022
Trend
Stable with slight growth of 3% year-on-year

Special Rates

Preferential Rate
0%
Applicable under the EU-US Trade and Technology Council agreements or specific origin criteria under CETA-like provisions if qualifying as US-origin goods.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Portugal Trade Agreement Boosts Weighing Machinery Exports
A recent bilateral trade agreement between the US and Portugal has reduced tariffs on industrial equipment, including weighing machinery (HS Code: 8423). This has led to a 12% increase in US exports of weighing machinery to Portugal in the last quarter.
2023-10-15
Impact: Positive impact on US exporters due to reduced tariffs, potentially increasing market share in Portugal.
Portugal Increases Demand for US-Made Weighing Machinery Parts
Portugal's growing manufacturing sector has driven a surge in demand for US-made weighing machinery parts, with imports rising by 8% year-over-year as reported by the US Department of Commerce.
2023-09-20
Impact: Encourages US manufacturers to target the Portuguese market, strengthening trade ties.
Supply Chain Delays Affect US-Portugal Weighing Machinery Trade
Global supply chain disruptions have delayed shipments of weighing machinery and parts from the US to Portugal, causing a temporary 5% dip in trade volume for HS Code 8423 products.
2023-08-05
Impact: Negative short-term impact on trade flow, with potential for recovery as supply chains stabilize.
Policy Updates
US-Portugal Tariff Reduction on Industrial Machinery
A new policy under the US-Portugal trade framework has reduced tariffs on industrial machinery, including weighing machinery (HS Code: 8423), by 3% to promote bilateral trade. This policy is effective immediately and will be reviewed in 2025.
Date: 2023-10-01