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Global Tariffs, Categorized

🇺🇸 United States
🇸🇧 Solomon Islands
📦 Weighing machinery (excluding balances of a sensitivity of 5 cg or better), including weight-operated counting or checking machines; weighing machine weights of all kinds; parts of weighing machinery
🇺🇸 🇸🇧

United States to Solomon Islands Trade Analysis for Weighing machinery (excluding balances of a sensitivity of 5 cg or better), including weight-operated counting or checking machines; weighing machine weights of all kinds; parts of weighing machinery

Detailed tariff information for Weighing machinery (excluding balances of a sensitivity of 5 cg or better), including weight-operated counting or checking machines; weighing machine weights of all kinds; parts of weighing machinery imports

Weighing machinery (excluding balances of a sensitivity of 5 cg or better), including weight-operated counting or checking machines; weighing machine weights of all kinds; parts of weighing machinery Tariff Rate

HS Code:

5%
Effective January 1, 2023

Trade Volume

Value
USD 50,000
Year
2022
Trend
Stable with minor fluctuations over the past 3 years

Special Rates

Preferential Rate
0%
Applicable under the Pacific Island Countries Trade Agreement (PICTA) if specific criteria for origin are met.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
Limited Trade Activity in Weighing Machinery Between US and Solomon Islands
Recent trade data indicates minimal activity in the export or import of weighing machinery (HS Code: 8423) between the United States and Solomon Islands, with no significant transactions reported in the last quarter.
October 2023
Impact: The lack of trade in this category suggests limited demand or supply chain connections for weighing machinery between the two countries, potentially affecting niche market opportunities.
US Export Restrictions and Solomon Islands’ Import Needs Unaligned
A report highlights that the Solomon Islands has a small but growing need for industrial weighing machinery, but US exporters have not targeted this market due to logistical challenges and low volume potential.
August 2023
Impact: This mismatch may hinder potential trade growth in weighing machinery, as US businesses focus on larger markets, leaving Solomon Islands to source from closer regional suppliers like Australia.
Solomon Islands Infrastructure Projects May Boost Future Demand
Infrastructure development in Solomon Islands, supported by international aid, could increase demand for weighing machinery for construction and logistics, potentially opening opportunities for US exporters.
June 2023
Impact: While current trade remains negligible, future projects may create a niche market for US weighing machinery, provided logistical and cost barriers are addressed.
Policy Updates
No Specific Tariff Changes for Weighing Machinery
There have been no recent updates to tariffs or trade policies specifically targeting weighing machinery (HS Code: 8423) between the United States and Solomon Islands, with standard WTO rates applying.
Date: September 2023