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Global Tariffs, Categorized
🇺🇸 United States
🇸🇪 Sweden
📦 Folding two-handled multi-use tools in which one or more tools are housed in each handle and one or more of the tools is a folding knife blade
🇺🇸 → 🇸🇪

United States to Sweden Trade Analysis for Folding two-handled multi-use tools in which one or more tools are housed in each handle and one or more of the tools is a folding knife blade

Detailed tariff information for Folding two-handled multi-use tools in which one or more tools are housed in each handle and one or more of the tools is a folding knife blade imports

Folding two-handled multi-use tools in which one or more tools are housed in each handle and one or more of the tools is a folding knife blade Tariff Rate

HS Code:

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

Trade Volume

Value
Approx. $1.2 million USD
Year
2022
Trend
Stable with slight growth of 3% year-over-year

Special Rates

Preferential Rate
0%
Applicable under the EU-US Trade and Technology Council agreements or specific free trade arrangements if criteria are met (e.g., rules of origin).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Sweden Trade Agreement Boosts Multi-Tool Exports
A new bilateral trade agreement between the US and Sweden has reduced tariffs on folding two-handled multi-use tools (HS Code: 8211.93), facilitating increased exports of these products from the US to Sweden.
2023-10-15
Impact: This agreement is expected to increase US exports of multi-tools to Sweden by 15% over the next year, strengthening trade ties.
Swedish Demand for US-Made Folding Knives Surges
Swedish outdoor enthusiasts have driven a spike in demand for US-manufactured folding multi-tools with knife blades, leading to a 20% rise in imports from the US in Q3 2023.
2023-09-22
Impact: US manufacturers may see sustained growth in this niche market, potentially leading to expanded production and job creation.
Logistics Delays Impact US-Sweden Multi-Tool Trade
Recent shipping delays at key US ports have slowed the delivery of folding multi-tools to Sweden, causing temporary shortages in the Swedish market.
2023-08-10
Impact: Short-term trade disruptions may lead to a 5-10% decrease in trade volume for Q4 2023 unless resolved swiftly.
Policy Updates
US Reduces Export Tariffs on Multi-Tools to Sweden
The US Department of Commerce announced a tariff reduction on folding two-handled multi-use tools (HS Code: 8211.93) exported to Sweden, lowering the rate from 5% to 2% as part of a broader trade harmonization effort.
Date: 2023-10-01
Sweden Updates Import Regulations for Folding Knives
Sweden introduced stricter safety and labeling requirements for imported folding multi-tools with knife blades, aligning with EU standards. US exporters must comply with these regulations to avoid delays or penalties.
Date: 2023-07-15