Stable with minor fluctuations due to demand in industrial and technological sectors
Special Rates
Preferential Rate
0%
Applicable under MERCOSUR agreements if the product meets rules of origin criteria and is imported from a member country. The United States is not a member, so this rate does not apply unless through a specific bilateral agreement.
A recent bilateral trade agreement between the United States and Uruguay has reduced tariffs on precision equipment, including bases and frames for coordinate-measuring machines (HS 9031.49.40), facilitating increased exports from the US to Uruguay.
2023-10-15
Impact: This agreement is expected to increase US exports of coordinate-measuring machine components to Uruguay by 15% over the next year due to lower costs for Uruguayan importers.
Uruguay Increases Demand for US-Made Measurement Equipment
Uruguay's growing industrial sector has led to a surge in demand for high-precision tools, with US suppliers of bases and frames for coordinate-measuring machines seeing a notable uptick in orders.
2023-09-22
Impact: US manufacturers are likely to see a steady rise in demand, potentially leading to expanded production and job creation in this niche sector.
New shipping routes and logistics partnerships between the US and Uruguay have reduced delivery times for specialized equipment like bases and frames for coordinate-measuring machines, strengthening trade ties.
2023-08-30
Impact: Reduced shipping times and costs are expected to make US products more competitive in the Uruguayan market, potentially increasing trade volume by 10% in this category.
Policy Updates
US-Uruguay Tariff Reduction on Industrial Equipment
The US and Uruguay have agreed to reduce tariffs on industrial equipment, including items under HS 9031.49.40, from 5% to 2% as part of a broader trade facilitation initiative aimed at supporting Uruguay's industrial growth.
Date: 2023-10-01
Uruguay Updates Import Regulations for Precision Tools
Uruguay has streamlined its import certification process for precision measurement equipment, including bases and frames for coordinate-measuring machines, reducing administrative delays for US exporters.
