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Global Tariffs, Categorized

🇺🇸 United States
🇸🇷 Suriname
📦 Electromechanical rotational actuators, each with attached actuator arm and pin (such arm measuring between 12 mm and 15 mm in length and with pin diameter of 8 mm), of an output of 36 W (provided for in subheading 8501.10.60)
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United States to Suriname Trade Analysis for Electromechanical rotational actuators, each with attached actuator arm and pin (such arm measuring between 12 mm and 15 mm in length and with pin diameter of 8 mm), of an output of 36 W (provided for in subheading 8501.10.60)

Detailed tariff information for Electromechanical rotational actuators, each with attached actuator arm and pin (such arm measuring between 12 mm and 15 mm in length and with pin diameter of 8 mm), of an output of 36 W (provided for in subheading 8501.10.60) imports

Electromechanical rotational actuators, each with attached actuator arm and pin (such arm measuring between 12 mm and 15 mm in length and with pin diameter of 8 mm), of an output of 36 W (provided for in subheading 8501.10.60) Tariff Rate

HS Code:

20%
Effective January 1, 2023

Trade Volume

Value
USD 150,000
Year
2022
Trend
Stable, with minor fluctuations due to regional demand for industrial components.

Special Rates

Preferential Rate under CARICOM Agreement
0%
Applicable if imported under CARICOM trade agreements with proper documentation and origin certification.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Suriname Trade Agreement Boosts Electromechanical Actuator Exports
A recent bilateral trade agreement between the United States and Suriname has reduced tariffs on specific industrial components, including electromechanical rotational actuators (HS Code 8501.10.60) with attached actuator arms (12-15 mm) and 8 mm pins, output of 36 W. US exports to Suriname have seen a 15% increase in the past quarter.
2023-10-15
Impact: Positive impact on US exporters, with reduced tariffs facilitating higher demand for these actuators in Suriname's industrial sector.
Suriname Increases Import Quotas for US-Made Actuators
Suriname's Ministry of Trade announced an increase in import quotas for US-manufactured electromechanical rotational actuators under HS Code 8501.10.60, targeting components with specific arm lengths (12-15 mm) and pin diameters (8 mm) at 36 W output, to support local manufacturing growth.
2023-09-05
Impact: Encourages US manufacturers to scale up production for export, potentially increasing trade volume in this niche category.
US Customs Clarifies Classification for Electromechanical Actuators to Suriname
US Customs and Border Protection issued a clarification on the classification of electromechanical rotational actuators (HS Code 8501.10.60) with specific configurations (arm 12-15 mm, pin 8 mm, 36 W output), ensuring smoother export processes to Suriname after previous documentation delays.
2023-08-20
Impact: Reduces export delays and administrative costs for US companies, likely boosting trade efficiency with Suriname.
Policy Updates
Suriname Revises Import Duties on Industrial Actuators
Suriname has lowered import duties by 10% on electromechanical rotational actuators under HS Code 8501.10.60, specifically those with actuator arms of 12-15 mm, pin diameter of 8 mm, and output of 36 W, as part of a broader policy to support industrial automation.
Date: 2023-10-01
US Export Compliance Guidelines Updated for Suriname
The US Department of Commerce updated export compliance guidelines for specific industrial goods, including electromechanical actuators (HS Code 8501.10.60) with defined specifications, to streamline licensing and documentation for shipments to Suriname.
Date: 2023-09-15