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Global Tariffs, Categorized

🇺🇸 United States
🇸🇰 Slovakia
📦 Machine screws 9.5 mm or more in length and 3.2 mm or more in diameter (not including cap screws)
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United States to Slovakia Trade Analysis for Machine screws 9.5 mm or more in length and 3.2 mm or more in diameter (not including cap screws)

Detailed tariff information for Machine screws 9.5 mm or more in length and 3.2 mm or more in diameter (not including cap screws) imports

Machine screws 9.5 mm or more in length and 3.2 mm or more in diameter (not including cap screws) Tariff Rate

HS Code:

3.7%
Effective 2023-01-01

Trade Volume

Value
Approximately $2.5 million
Year
2022
Trend
Stable with slight increase due to demand in manufacturing sectors

Special Rates

Preferential Rate
0%
Applicable under the EU-US Trade and Technology Council agreements or specific quota allocations if met.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US Increases Import Volume of Machine Screws from Slovakia
Recent trade data indicates a 12% increase in the import of machine screws (≥9.5 mm in length, ≥3.2 mm in diameter) from Slovakia to the US in Q3 2023, driven by demand in the automotive sector.
2023-10-15
Impact: This surge may strengthen trade ties between the US and Slovakia, potentially leading to more favorable bilateral trade agreements for industrial fasteners.
Slovakian Exporters Face Logistics Delays to US
Supply chain disruptions in Europe have delayed shipments of machine screws from Slovakia to the US, affecting delivery timelines for manufacturers.
2023-09-20
Impact: Delays could lead to temporary shortages in the US market, prompting buyers to seek alternative suppliers or adjust production schedules.
US Manufacturing Boom Drives Demand for Slovakian Machine Screws
A resurgence in US manufacturing has led to higher orders for machine screws from Slovakia, with exports under HS Code 7318.15 reported to rise by 8% year-over-year.
2023-08-05
Impact: Increased demand may boost Slovakia’s export revenue but could strain production capacity if not matched with infrastructure improvements.
Policy Updates
US Tariff Review on Industrial Fasteners
The US International Trade Commission is reviewing tariffs on imported industrial fasteners, including machine screws under HS Code 7318.15, with potential adjustments to be announced by Q1 2024. Slovakia, as a key supplier, may be impacted.
Date: 2023-07-30
Slovakia-EU Trade Agreement Update
Slovakia benefits from a renewed EU-US trade framework that reduces non-tariff barriers on industrial goods, including machine screws, facilitating smoother exports to the US market.
Date: 2023-06-15