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Global Tariffs, Categorized

🇺🇸 United States
🇷🇺 Russian Federation
📦 Padlocks and locks (key, combination or electrically operated), of base metal; clasps and frames with clasps, incorporating locks, of base metal; keys and parts of any of the foregoing articles, of base metal
🇺🇸 🇷🇺

United States to Russian Federation Trade Analysis for Padlocks and locks (key, combination or electrically operated), of base metal; clasps and frames with clasps, incorporating locks, of base metal; keys and parts of any of the foregoing articles, of base metal

Detailed tariff information for Padlocks and locks (key, combination or electrically operated), of base metal; clasps and frames with clasps, incorporating locks, of base metal; keys and parts of any of the foregoing articles, of base metal imports

Padlocks and locks (key, combination or electrically operated), of base metal; clasps and frames with clasps, incorporating locks, of base metal; keys and parts of any of the foregoing articles, of base metal Tariff Rate

HS Code:

10%
Effective January 1, 2023

Trade Volume

Value
USD 5.2 million
Year
2022
Trend
Decreasing due to geopolitical tensions and import substitution policies in Russia.

Special Rates

Preferential Rate
0%
Applicable under specific trade agreements or for temporary exemptions; requires documentation proving origin or purpose.
Anti-Dumping Duty
15%
May apply if goods are deemed to be dumped or subsidized, subject to investigation by Russian authorities.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S. Imposes New Sanctions on Russian Imports Including Base Metal Locks
The United States has introduced new sanctions targeting various Russian goods, including padlocks and locks of base metal under HS Code 8301, as part of broader economic measures in response to geopolitical tensions.
2023-09-15
Impact: This is likely to significantly reduce or halt the import of padlocks and locks from Russia to the U.S., prompting American buyers to seek alternative suppliers from other countries.
Russia Responds to U.S. Trade Restrictions with Export Limits on Base Metal Products
In retaliation to U.S. sanctions, Russia has imposed export restrictions on certain base metal products, including locks and clasps (HS Code 8301), affecting trade flows to the United States.
2023-10-02
Impact: These restrictions further strain trade relations, limiting the availability of Russian-made locks in the U.S. market and potentially increasing costs for U.S. importers due to supply chain disruptions.
U.S. Companies Shift Supply Chains Away from Russian Lock Manufacturers
Amid ongoing trade barriers, several U.S. companies have started sourcing padlocks and base metal locks from alternative markets such as China and India, moving away from Russian suppliers.
2023-11-10
Impact: This shift is expected to permanently reduce trade volume of HS Code 8301 products between the U.S. and Russia, redirecting market share to other global suppliers.
Policy Updates
U.S. Department of Commerce Expands Sanctions on Russian Base Metal Goods
The U.S. Department of Commerce announced an expansion of sanctions on Russian imports, including products under HS Code 8301 (padlocks, locks, and related items of base metal), prohibiting their entry into the U.S. market effective immediately.
Date: 2023-09-14
Russia Implements Export Control Measures on Base Metal Items
The Russian government introduced export control measures on various base metal products, including locks and clasps under HS Code 8301, limiting their shipment to countries imposing sanctions, including the United States.
Date: 2023-10-01