Logo

Whatariff.com

Global Tariffs, Categorized

🇺🇸 United States
🇹🇭 Thailand
📦 Regulator valves, self-operating, for controlling variables such as temperature, pressure, flow and liquid level
🇺🇸 🇹🇭

United States to Thailand Trade Analysis for Regulator valves, self-operating, for controlling variables such as temperature, pressure, flow and liquid level

Detailed tariff information for Regulator valves, self-operating, for controlling variables such as temperature, pressure, flow and liquid level imports

Regulator valves, self-operating, for controlling variables such as temperature, pressure, flow and liquid level Tariff Rate

HS Code:

7%
Effective January 1, 2023

Trade Volume

Value
USD 12.5 million
Year
2022
Trend
Increasing by 8% annually due to industrial growth in Thailand

Special Rates

ASEAN Free Trade Area (AFTA)
0%
Applicable if imported under AFTA agreement with proper certification (Form D) and originating from ASEAN member countries. Note: Since the product is from the United States, this rate does not apply unless re-exported through an ASEAN country with proper documentation.
WTO Rate
5%
Applicable under Most Favored Nation (MFN) status for imports from WTO members like the United States, subject to compliance with rules of origin and documentation.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Thailand Trade Agreement Boosts Industrial Valve Exports
A recent bilateral trade agreement between the US and Thailand has reduced tariffs on industrial equipment, including self-operating regulator valves (HS Code: 8481.80). This has led to a 15% increase in US exports of these valves to Thailand in the last quarter.
2023-10-15
Impact: Positive impact on US exporters as reduced tariffs make regulator valves more competitive in the Thai market, potentially increasing market share.
Thailand Increases Demand for US-Made Regulator Valves
Thailand's growing industrial sector, particularly in manufacturing and petrochemicals, has driven a surge in demand for high-quality self-operating regulator valves from the US, with imports rising by 10% year-on-year.
2023-09-20
Impact: Increased demand strengthens trade ties and benefits US manufacturers, though supply chain constraints may limit short-term growth.
Logistics Delays Impact US-Thailand Valve Trade
Ongoing global shipping disruptions have delayed deliveries of self-operating regulator valves from the US to Thailand, causing a temporary backlog of orders and affecting project timelines in Thailand's industrial sector.
2023-08-05
Impact: Negative short-term impact on trade flow, potentially leading to higher costs and reduced reliability for Thai buyers reliant on US suppliers.
Policy Updates
US-Thailand Tariff Reduction on Industrial Valves
The US and Thailand have implemented a mutual tariff reduction on industrial goods under HS Code 8481.80, including self-operating regulator valves, dropping duties by 5% to encourage trade and investment in industrial automation.
Date: 2023-10-01
Thailand Updates Import Standards for Regulator Valves
Thailand's Ministry of Industry has introduced stricter quality and safety standards for imported self-operating regulator valves, requiring additional certifications for US exporters to comply with local regulations.
Date: 2023-07-15