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Hand-operated spanners and wrenches (including torque meter wrenches but not including tap wrenches); socket wrenches, with or without handles, drives or extensions; base metal parts thereof
United States to Trinidad and Tobago Trade Analysis
for Hand-operated spanners and wrenches (including torque meter wrenches but not including tap wrenches); socket wrenches, with or without handles, drives or extensions; base metal parts thereof
Detailed tariff information for Hand-operated spanners and wrenches (including torque meter wrenches but not including tap wrenches); socket wrenches, with or without handles, drives or extensions; base metal parts thereof imports
Hand-operated spanners and wrenches (including torque meter wrenches but not including tap wrenches); socket wrenches, with or without handles, drives or extensions; base metal parts thereof Tariff Rate
Stable, with a slight increase of 2% compared to 2021
Special Rates
CARICOM Preferential Rate
0%
Applicable to goods originating from CARICOM member states under the Revised Treaty of Chaguaramas. Certificate of Origin required.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Increases Exports of Hand Tools to Trinidad and Tobago
Recent trade data shows a 12% increase in U.S. exports of hand-operated spanners and wrenches (HS Code 8204.11 and 8204.12) to Trinidad and Tobago, driven by demand in the energy and construction sectors.
2023-10-15
Impact: This surge strengthens U.S. market presence in Trinidad and Tobago, potentially increasing bilateral trade revenue for hand tool manufacturers.
Trinidad and Tobago Reports Steady Import of U.S. Socket Wrenches
Trade reports indicate consistent imports of U.S.-made socket wrenches and parts by Trinidad and Tobago, supporting local industrial maintenance and automotive repair industries.
2023-09-20
Impact: Stable demand ensures a reliable trade flow, benefiting U.S. exporters with predictable market access in the Caribbean region.
U.S.-Trinidad Trade Agreement Boosts Tool Sector
A bilateral trade discussion highlighted the importance of hand tools, including spanners and wrenches, in strengthening economic ties between the U.S. and Trinidad and Tobago.
2023-08-05
Impact: Enhanced cooperation may lead to reduced trade barriers, fostering growth in exports of these tools from the U.S. to Trinidad and Tobago.
Policy Updates
U.S. Trade Facilitation Agreement with Trinidad and Tobago
The U.S. and Trinidad and Tobago have agreed to streamline customs processes for industrial tools under HS Code 8204, reducing delays and documentation requirements for hand-operated spanners and wrenches.
Date: 2023-07-30
Trinidad and Tobago Revises Import Tariffs on Tools
Trinidad and Tobago announced a temporary reduction in import tariffs on base metal tool parts (HS Code 8204.20), aiming to support local industries reliant on U.S. imports.
