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Global Tariffs, Categorized
🇺🇸 United States
🇸🇦 Saudi Arabia
📦 Conveyor belting of vulcanized rubber, reinforced with textile components in which man-made fibers predominate by weight over any other single textile fiber, of a width exceeding 120 cm but not over 171 cm (provided for in subheading 4010.12.50)
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United States to Saudi Arabia Trade Analysis for Conveyor belting of vulcanized rubber, reinforced with textile components in which man-made fibers predominate by weight over any other single textile fiber, of a width exceeding 120 cm but not over 171 cm (provided for in subheading 4010.12.50)

Detailed tariff information for Conveyor belting of vulcanized rubber, reinforced with textile components in which man-made fibers predominate by weight over any other single textile fiber, of a width exceeding 120 cm but not over 171 cm (provided for in subheading 4010.12.50) imports

Conveyor belting of vulcanized rubber, reinforced with textile components in which man-made fibers predominate by weight over any other single textile fiber, of a width exceeding 120 cm but not over 171 cm (provided for in subheading 4010.12.50) Tariff Rate

HS Code:

5%
Effective January 1, 2023
View general trade relationship between United States and Saudi Arabia

Trade Volume

Value
Approximately $2.5 million USD
Year
2022
Trend
Stable with slight growth due to industrial demand in Saudi Arabia

Special Rates

Preferential Rate
0%
Applicable under the US-Saudi Arabia bilateral trade agreements or if the product qualifies under specific free trade agreements or GCC customs union rules (if routed through GCC countries).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S. Increases Exports of Specialized Conveyor Belting to Saudi Arabia
Recent trade data shows a significant rise in U.S. exports of conveyor belting of vulcanized rubber (HS 4010.12.50) to Saudi Arabia, driven by growing demand in the Kingdom's industrial and construction sectors.
2023-10-15
Impact: This surge is expected to strengthen bilateral trade ties and increase U.S. market share in Saudi Arabia's industrial equipment sector.
Saudi Arabia Seeks Reliable Suppliers for Conveyor Belting Amid Infrastructure Boom
As part of Vision 2030, Saudi Arabia is ramping up infrastructure projects, leading to increased demand for specialized conveyor belting. U.S. suppliers are positioned as key partners due to quality and compliance standards.
2023-09-22
Impact: U.S. exporters may see long-term contracts and higher trade volumes as Saudi Arabia prioritizes reliable supply chains.
Trade Agreement Discussions Include Conveyor Belting Sector
During recent U.S.-Saudi trade talks, the conveyor belting sector (HS 4010.12.50) was highlighted as a potential area for enhanced cooperation, with both sides exploring tariff reductions.
2023-08-30
Impact: Potential tariff reductions could lower costs for Saudi buyers and boost U.S. export competitiveness in this niche market.
Policy Updates
U.S. Reviews Export Controls on Industrial Belting Products
The U.S. Department of Commerce is reviewing export regulations for industrial products, including conveyor belting under HS 4010.12.50, to streamline trade with strategic partners like Saudi Arabia.
Date: 2023-10-05
Saudi Arabia Updates Import Standards for Rubber Conveyor Belting
Saudi Arabia has introduced stricter quality and safety standards for imported conveyor belting, requiring compliance with SASO regulations to ensure product durability in harsh industrial environments.
Date: 2023-09-10