Stable with minor fluctuations due to limited demand in Tuvalu for power handling equipment in this capacity range.
Special Rates
Preferential Rate
0%
Applicable under the Pacific Island Countries Trade Agreement (PICTA) if criteria for origin are met.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Limited Trade Activity for Power Handling Equipment Between US and Tuvalu
Trade data indicates minimal activity in the category of power handling equipment exceeding 16 kVA but not exceeding 500 kVA (HS Code: 8504.22) between the United States and Tuvalu, with no significant transactions reported in the last quarter.
2023-10-15
Impact: Negligible impact on bilateral trade due to the small scale of economic interaction and Tuvalu's limited demand for such equipment.
US Export Regulations Review Affects Small Pacific Nations
The US Department of Commerce has reviewed export controls on electrical machinery, including power handling equipment under HS Code 8504.22, with potential implications for small markets like Tuvalu.
2023-09-01
Impact: Potential delays or additional compliance costs for any future exports to Tuvalu, though current trade volumes remain insignificant.
Tuvalu Infrastructure Needs Highlighted at Pacific Summit
During a Pacific Islands summit, Tuvalu emphasized the need for improved energy infrastructure, potentially opening opportunities for imports of power handling equipment in the specified capacity range.
2023-08-20
Impact: Possible future demand for US exports in this category, though no immediate trade agreements or deals have been confirmed.
Policy Updates
US Export Control Adjustments for Electrical Machinery
The US Bureau of Industry and Security updated export control lists under the Export Administration Regulations (EAR), including items under HS Code 8504.22, requiring additional licensing for certain destinations, though Tuvalu is not specifically targeted.
