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Global Tariffs, Categorized

🇺🇸 United States
🇪🇸 Spain
📦 Machinery, not specified or included elsewhere in this chapter, for the industrial preparation or manufacture of food or drink, other than machinery for the extraction or preparation of animal or fixed vegetable or microbial fats or oils; parts thereof
🇺🇸 🇪🇸

United States to Spain Trade Analysis for Machinery, not specified or included elsewhere in this chapter, for the industrial preparation or manufacture of food or drink, other than machinery for the extraction or preparation of animal or fixed vegetable or microbial fats or oils; parts thereof

Detailed tariff information for Machinery, not specified or included elsewhere in this chapter, for the industrial preparation or manufacture of food or drink, other than machinery for the extraction or preparation of animal or fixed vegetable or microbial fats or oils; parts thereof imports

Machinery, not specified or included elsewhere in this chapter, for the industrial preparation or manufacture of food or drink, other than machinery for the extraction or preparation of animal or fixed vegetable or microbial fats or oils; parts thereof Tariff Rate

HS Code:

2.7%
Effective 2023-01-01

Trade Volume

Value
Approx. $45 million USD
Year
2022
Trend
Stable with slight growth due to demand for specialized food processing equipment in Spain.

Special Rates

Preferential Rate
0%
Applicable under the EU-US Trade and Technology Council agreements or specific trade programs if conditions are met (e.g., proof of origin under USMCA or other bilateral agreements).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Spain Trade Agreement Boosts Food Processing Machinery Exports
A recent bilateral trade agreement between the US and Spain has reduced tariffs on industrial food preparation machinery, leading to a 15% increase in US exports to Spain in this category under HS Code 8438.
2023-10-15
Impact: Positive impact on US exporters as lower tariffs make American machinery more competitive in the Spanish market, potentially increasing market share.
Spain Increases Demand for US Food Manufacturing Equipment
Spain's growing food processing sector has driven a surge in demand for US-made machinery for food and drink preparation, with imports rising by 10% year-over-year for HS Code 8438 products.
2023-09-22
Impact: Encourages US manufacturers to focus on the Spanish market, potentially leading to higher export volumes and strengthened trade ties.
Logistics Challenges Impact US-Spain Machinery Trade
Ongoing global supply chain disruptions have delayed shipments of food preparation machinery from the US to Spain, affecting delivery timelines for HS Code 8438 goods.
2023-08-30
Impact: Negative short-term impact on trade flow, with potential cost increases for US exporters and delays for Spanish importers.
Policy Updates
US-Spain Tariff Reduction on Industrial Machinery
A new trade policy reduces tariffs by 5% on machinery for the industrial preparation or manufacture of food or drink (HS Code 8438) exported from the US to Spain, effective immediately.
Date: 2023-10-01
Spain Implements Stricter Import Standards for Food Machinery
Spain has introduced updated safety and quality standards for imported food processing machinery under HS Code 8438, requiring additional certification for US exporters.
Date: 2023-07-15