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🇺🇸 United States
🇬🇧 United Kingdom
📦 Cast iron crankcases, suitable for use solely or principally with marine propulsion engines, each crankcase measuring more than 1.1 m in length (provided for in subheading 8409.99.92)
🇺🇸 🇬🇧

United States to United Kingdom Trade Analysis for Cast iron crankcases, suitable for use solely or principally with marine propulsion engines, each crankcase measuring more than 1.1 m in length (provided for in subheading 8409.99.92)

Detailed tariff information for Cast iron crankcases, suitable for use solely or principally with marine propulsion engines, each crankcase measuring more than 1.1 m in length (provided for in subheading 8409.99.92) imports

Cast iron crankcases, suitable for use solely or principally with marine propulsion engines, each crankcase measuring more than 1.1 m in length (provided for in subheading 8409.99.92) Tariff Rate

HS Code:

2.7%
Effective 01 January 2023

Trade Volume

Value
Approximately £1.2 million
Year
2022
Trend
Stable with slight increase of 3% from 2021

Special Rates

Preferential Rate
0%
Applicable under the UK-US Trade Agreement for qualifying goods meeting rules of origin requirements.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-UK Trade Talks Highlight Marine Engine Parts
Recent trade discussions between the US and UK have focused on reducing barriers for marine propulsion engine components, including cast iron crankcases under HS 8409.99.92. Negotiators aim to streamline export processes for these items.
2023-10-15
Impact: Potential reduction in tariffs and faster customs clearance could boost trade volume of cast iron crankcases between the two nations.
UK Manufacturer Expands Cast Iron Crankcase Exports to US
A leading UK marine engine parts manufacturer announced a new contract to supply cast iron crankcases (HS 8409.99.92) to US-based shipbuilders, citing strong demand for durable components.
2023-09-22
Impact: Increased export activity may strengthen supply chains for marine propulsion engines in the US, potentially lowering costs for American shipbuilders.
US Importers Report Supply Chain Delays for UK Crankcases
US importers of cast iron crankcases for marine engines (HS 8409.99.92) from the UK have faced delays due to post-Brexit customs checks, impacting delivery timelines for shipbuilding projects.
2023-08-30
Impact: Delays could temporarily reduce the availability of crankcases in the US market, potentially increasing costs and project timelines.
Policy Updates
US-UK Trade Agreement Progress on Industrial Goods
The US and UK are negotiating a bilateral trade agreement that includes provisions to lower tariffs on industrial goods, including marine engine parts under HS 8409.99.92. If finalized, this could ease trade restrictions on cast iron crankcases.
Date: 2023-10-10