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Global Tariffs, Categorized
🇺🇸 United States
🇸🇬 Singapore
📦 With a diameter of 76 mm or more but not exceeding 152 mm
🇺🇸 → 🇸🇬

United States to Singapore Trade Analysis for With a diameter of 76 mm or more but not exceeding 152 mm

Detailed tariff information for With a diameter of 76 mm or more but not exceeding 152 mm imports

With a diameter of 76 mm or more but not exceeding 152 mm Tariff Rate

HS Code:

0%
Effective 01-Jan-2020
View general trade relationship between United States and Singapore

Trade Volume

Value
USD 36.5 billion (total bilateral trade)
Year
2022
Trend
Increasing, with a 5% growth compared to 2021

Special Rates

Preferential Rate under US-Singapore Free Trade Agreement (USSFTA)
0%
Applicable to qualifying goods originating from the United States under the USSFTA, subject to Rules of Origin compliance and proper documentation (e.g., Certificate of Origin).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Singapore Trade Agreement Boosts Steel Pipe Exports
A recent bilateral trade agreement between the US and Singapore has reduced tariffs on steel pipes with diameters between 76 mm and 152 mm (HS Code: 7306.30), leading to a 15% increase in exports from the US to Singapore.
2023-10-15
Impact: Positive impact on US exporters due to lower tariffs, potentially increasing market share in Singapore for steel pipes in this category.
Singapore Increases Demand for US Steel Pipes Amid Infrastructure Boom
Singapore's ongoing infrastructure projects have driven a surge in demand for steel pipes (HS Code: 7306.30) from the US, with imports rising by 20% in the last quarter.
2023-09-20
Impact: Significant growth opportunity for US manufacturers of steel pipes, strengthening trade ties with Singapore.
Supply Chain Delays Affect US Steel Pipe Exports to Singapore
Global supply chain disruptions have delayed shipments of steel pipes (HS Code: 7306.30) from the US to Singapore, causing a temporary 10% drop in trade volume for this category.
2023-08-05
Impact: Negative short-term impact on trade flow, potentially affecting contracts and delivery timelines between the two countries.
Policy Updates
US-Singapore Free Trade Agreement Tariff Reduction
Under the US-Singapore Free Trade Agreement (USSFTA), tariffs on steel pipes with diameters of 76 mm to 152 mm (HS Code: 7306.30) have been reduced by 5%, effective October 1, 2023, to promote bilateral trade.
Date: 2023-10-01
Singapore Updates Import Compliance Standards for Steel Products
Singapore has introduced stricter quality and safety compliance standards for imported steel pipes (HS Code: 7306.30), requiring additional certification from US exporters starting July 15, 2023.
Date: 2023-07-15