A new bilateral trade agreement between the United States and the United Arab Emirates has facilitated increased exports of large industrial equipment, including items under HS Code dimensions exceeding 91 cm width, 184 cm length, and 8 cm depth, with a focus on construction and manufacturing sectors.
2023-10-15
Impact: This agreement is expected to reduce tariffs and streamline customs processes, potentially increasing US exports to the UAE by 15% in this category over the next year.
UAE Demand for US Machinery Surges Amid Infrastructure Boom
The UAE's ongoing infrastructure projects, including Expo 2020 legacy developments, have driven a spike in demand for US-made machinery and equipment meeting specific dimensional criteria (exceeding 91 cm width, 184 cm length, 8 cm depth), boosting trade volumes.
2023-09-22
Impact: US exporters are likely to see a sustained increase in orders, with trade volume for these goods projected to grow by 10% in Q4 2023.
Logistics Challenges Impact US-UAE Trade of Large Equipment
Recent global shipping delays have affected the delivery of oversized industrial equipment (HS Code dimensions over 91 cm width, 184 cm length, 8 cm depth) from the US to the UAE, causing temporary disruptions in supply chains.
2023-08-30
Impact: Trade flows may face short-term delays, with potential cost increases for US exporters and UAE importers due to higher shipping fees and longer lead times.
Policy Updates
US-UAE Tariff Reduction on Industrial Goods
The US and UAE have agreed to reduce tariffs by 5% on specific industrial goods, including equipment with dimensions exceeding 91 cm width, 184 cm length, and 8 cm depth, under a new trade facilitation framework aimed at strengthening economic ties.
Date: 2023-10-01
UAE Updates Import Compliance Standards
The UAE has introduced stricter compliance requirements for imported industrial equipment, mandating additional safety certifications for items exceeding specified dimensions (91 cm width, 184 cm length, 8 cm depth), affecting US exporters.
