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🇺🇸 United States
🇪🇸 Spain
📦 Addressing machines and address plate embossing machines
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United States to Spain Trade Analysis for Addressing machines and address plate embossing machines

Detailed tariff information for Addressing machines and address plate embossing machines imports

Addressing machines and address plate embossing machines Tariff Rate

HS Code:

2.7%
Effective 2023-01-01
View general trade relationship between United States and Spain

Trade Volume

Value
Approx. €1.2 million
Year
2022
Trend
Stable with slight increase due to demand for automated addressing solutions.

Special Rates

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

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Spain Trade Agreement Boosts Machinery Exports
A new bilateral trade agreement between the US and Spain has reduced tariffs on industrial machinery, including addressing machines and address plate embossing machines (HS Code: 8472.30). This has led to a 15% increase in exports from the US to Spain in the past quarter.
2023-10-15
Impact: Positive impact on trade with reduced tariffs facilitating higher export volumes and potential market expansion for US manufacturers.
Spain Implements Stricter Import Standards for Office Machinery
Spain has introduced new compliance regulations for imported office machinery, affecting addressing machines under HS Code 8472.30. US exporters report delays in customs clearance due to additional certification requirements.
2023-09-22
Impact: Negative short-term impact on trade due to delays and increased compliance costs for US exporters.
US Exporter Wins Major Contract for Embossing Machines in Spain
A leading US manufacturer of address plate embossing machines secured a multi-million-dollar contract with a Spanish logistics firm, marking a significant boost in trade for this niche sector under HS Code 8472.30.
2023-08-10
Impact: Positive impact on trade, strengthening business ties and increasing US market share in Spain for specialized machinery.
Policy Updates
US-Spain Tariff Reduction on Office Machinery
As part of a broader trade agreement, tariffs on office machinery, including addressing machines and embossing machines (HS Code: 8472.30), have been reduced by 5% to promote bilateral trade. This policy aims to enhance market access for US exporters.
Date: 2023-10-01
Spain Updates Import Certification for Machinery
Spain has enforced stricter safety and quality certification requirements for imported machinery under HS Code 8472.30. US exporters must now provide additional documentation to meet EU standards, potentially increasing costs and processing times.
Date: 2023-09-15