Increasing by 8% year-over-year due to rising demand for industrial weighing equipment in Vietnam.
Special Rates
Preferential Rate under US-Vietnam Bilateral Trade Agreement
0%
Applicable to goods meeting rules of origin under the US-Vietnam Bilateral Trade Agreement (BTA) and accompanied by proper documentation.
CPTPP Rate
3.5%
Applicable if the US is considered under CPTPP framework for specific trade concessions with proper certification.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Vietnam Trade Growth in Industrial Weighing Equipment
Recent data shows a significant increase in the export of weighing machinery with a capacity between 30 kg and 5,000 kg (HS Code: 8423.82) from Vietnam to the United States, driven by demand in logistics and manufacturing sectors.
2023-10-15
Impact: This surge strengthens Vietnam's position as a key supplier of industrial equipment to the US, potentially leading to further investment in Vietnamese manufacturing.
New US Tariffs Affect Vietnamese Weighing Machinery Exports
The US has imposed a 5% tariff on specific industrial weighing equipment (HS Code: 8423.82) imported from Vietnam, citing unfair trade practices in the sector.
2023-09-20
Impact: The tariff may reduce the competitiveness of Vietnamese weighing machinery in the US market, prompting exporters to seek alternative markets or absorb costs.
Vietnam Boosts Production of Mid-Range Weighing Equipment for US Market
Vietnamese manufacturers have ramped up production of weighing machinery (HS Code: 8423.82) to meet growing US demand, supported by favorable trade agreements and lower production costs.
2023-08-05
Impact: This increase in production capacity could lead to higher export volumes to the US, enhancing bilateral trade ties in the industrial equipment sector.
Policy Updates
US Revises Import Duties on Industrial Machinery from Vietnam
The US Department of Commerce announced a revision of import duties on weighing machinery (HS Code: 8423.82) from Vietnam, introducing a tiered tariff structure based on capacity and intended use to address trade imbalances.
Date: 2023-09-15
Vietnam-US Trade Agreement Update on Machinery Exports
A bilateral agreement between Vietnam and the US has been updated to include provisions for streamlined customs processes for industrial weighing equipment (HS Code: 8423.82), aiming to reduce delays and costs for exporters.
