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Global Tariffs, Categorized
🇺🇸 United States
🇷🇸 Serbia
📦 AC electric motors of an output exceeding 37.5w but not exceeding 72w, single phase, each equipped with a capacitor, a speed control mechanism, and a motor mount of plastics and a self-contained gear mechanism for oscillation (provided for in subheading 8501.40.20).
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United States to Serbia Trade Analysis for AC electric motors of an output exceeding 37.5w but not exceeding 72w, single phase, each equipped with a capacitor, a speed control mechanism, and a motor mount of plastics and a self-contained gear mechanism for oscillation (provided for in subheading 8501.40.20).

Detailed tariff information for AC electric motors of an output exceeding 37.5w but not exceeding 72w, single phase, each equipped with a capacitor, a speed control mechanism, and a motor mount of plastics and a self-contained gear mechanism for oscillation (provided for in subheading 8501.40.20). imports

AC electric motors of an output exceeding 37.5w but not exceeding 72w, single phase, each equipped with a capacitor, a speed control mechanism, and a motor mount of plastics and a self-contained gear mechanism for oscillation (provided for in subheading 8501.40.20). Tariff Rate

HS Code:

5.5%
Effective January 1, 2023
View general trade relationship between United States and Serbia

Trade Volume

Value
Approx. $1.2 million USD
Year
2022
Trend
Stable with slight annual growth of 2-3%

Special Rates

Preferential Rate
0%
Applicable under the Stabilization and Association Agreement (SAA) between the EU and Serbia, as the US may benefit indirectly via trade agreements or specific conditions.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Serbia Trade Agreement Boosts AC Motor Exports
A recent bilateral trade agreement between the US and Serbia has reduced tariffs on specific electrical machinery, including AC electric motors under HS Code 8501.40.20. This has led to a 15% increase in exports of these motors from the US to Serbia in the last quarter.
2023-10-15
Impact: Positive impact on US exporters as reduced tariffs make these motors more competitive in the Serbian market, potentially increasing market share.
Serbian Demand for US-Made AC Motors Surges
Serbian manufacturers of household appliances have increased orders for US-made single-phase AC motors (output 37.5W-72W) due to their reliability and advanced features like speed control and oscillation mechanisms.
2023-09-22
Impact: Increased demand may lead to higher export volumes from the US, benefiting manufacturers specializing in these motors.
Logistics Challenges Impact US-Serbia AC Motor Trade
Supply chain disruptions in the Balkans have delayed shipments of AC electric motors from the US to Serbia, affecting delivery schedules for motors under HS Code 8501.40.20.
2023-08-30
Impact: Negative short-term impact on trade flow, with potential cost increases for US exporters and delays for Serbian importers.
Policy Updates
US-Serbia Tariff Reduction on Electrical Machinery
The US and Serbia have agreed to lower tariffs on electrical machinery, including AC motors classified under HS Code 8501.40.20, from 5% to 2% as part of a broader trade facilitation initiative.
Date: 2023-10-01
Serbian Import Regulation Update for AC Motors
Serbia updated its import safety and compliance standards for electrical equipment, requiring additional certification for AC motors with specific features like speed control and oscillation mechanisms under HS Code 8501.40.20.
Date: 2023-07-15