Subheading · Section XV
7505.12: Bars, rods and profiles: of nickel alloys
Official description Of nickel alloys
- 2%UK
- 2.9%EU
- 20%–25%Türkiye
- 2.5%–3%USA
- US$3.3bnWorld trade in 2024
Subheading 7505.12 belongs to heading 7505 (nickel bars, rods, profiles and wire) in chapter 75.
The UK Global Tariff has one tariff line for subheading 7505.12; the duty is 2%.
Subheading 7505.12 is a single line in the EU Combined Nomenclature, where the duty is 2.9%.
The Turkish Customs Tariff Schedule divides subheading 7505.12 into 3 tariff lines; the statutory rate is between 20% and 25% (average 21.7%).
In the Harmonized Tariff Schedule of the United States, subheading 7505.12 covers 3 tariff lines and the duty is between 2.5% and 3%.
In 2024, countries exported these goods worth US$3.3bn (+2.7% year on year).
The largest exporter was the United States (US$1.2bn), followed by Germany.
The biggest buyer was the United Kingdom, with imports of US$415.5m.
The United Kingdom ranked 3rd among 80 exporters with US$321.2m; its largest buyer was the United States.
Duty rates compared
The Turkish schedule prints the statutory rate set under Customs Law 474. The rate applied at import is laid down in the Import Regime Decision and can be lower, or different by country of origin.
UK Global Tariff
UK lines →- 7505 12 00 00 Of nickel alloys 2%
EU Combined Nomenclature
EU lines →- 7505 12 00 Of nickel alloys 2.9%—
Turkish Customs Tariff Schedule
Türkiye lines →This line has no official text in this language; it is shown in the language of its tariff.
- 7505.12 Nikel alaşımlarından olanlar:
- 7505.12.00.10.00 İçi boş profiller 25%
- Diğerleri :
- 7505.12.00.90.11 İçi dolu profiller 20%
- 7505.12.00.90.12 Çubuklar 20%
Harmonized Tariff Schedule of the United States
USA lines →- 7505.12 Of nickel alloys:
- Bars and rods:
- 7505.12.10.00 Cold-formed 3%kg
- 7505.12.30.00 Not cold-formed 2.5%kg
- 7505.12.50.00 Profiles 3%kg
Special: reduced rates under trade agreements and preference programmes; the letters in brackets name the programmes (for example AU = Australia FTA, KR = Korea FTA).
World trade in 2024
Trade value (US$) no reported trade < US$452kUS$452k+US$5.8m+US$92.8m+> US$321.2m
Exports: 80
- United States: US$1.2bn
- Germany: US$372.2m
- United Kingdom: US$321.2m
- Austria: US$304.2m
- Italy: US$283.6m
- China: US$202m
- Japan: US$169.2m
- Australia: US$92.8m
- Sweden: US$65.8m
- Taiwan: US$63.2m
- France: US$43.5m
- Brazil: US$31.3m
- Belgium: US$30.7m
- Czechia: US$19.2m
- India: US$18.1m
- Singapore: US$14.5m
- Switzerland: US$8.5m
- Netherlands: US$6.7m
- South Korea: US$5.8m
- Norway: US$5.8m
- Türkiye: US$5.3m
- Canada: US$5.2m
- Denmark: US$4.5m
- Hungary: US$3.8m
- Spain: US$3m
- Mexico: US$3m
- Russia: US$2.2m
- Kazakhstan: US$1.9m
- Malaysia: US$1.7m
- Serbia: US$1.6m
- Romania: US$1.5m
- United Arab Emirates: US$1.2m
- Slovenia: US$1.1m
- Israel: US$958.9k
- Poland: US$898.7k
- Tunisia: US$864.8k
- Costa Rica: US$840.7k
- Ireland: US$572.6k
- Thailand: US$452k
- Saudi Arabia: US$440k
- Dominica: US$282.4k
- Finland: US$247k
- Ukraine: US$214.1k
- Bahrain: US$189.3k
- Hong Kong SAR China: US$180.8k
- Pakistan: US$169.4k
- Luxembourg: US$165.9k
- Vietnam: US$137.5k
- Slovakia: US$114.1k
- Philippines: US$86.8k
- Croatia: US$64.3k
- Indonesia: US$58.6k
- Portugal: US$52.3k
- South Africa: US$39.6k
- New Zealand: US$35.8k
- Dominican Republic: US$25.4k
- Latvia: US$24.4k
- Myanmar (Burma): US$10.1k
- Qatar: US$10k
- Bulgaria: US$7.6k
Trade value (US$) no reported trade < US$279.2kUS$279.2k+US$6.9m+US$57.8m+> US$268.7m
Imports: 136
- United Kingdom: US$415.5m
- China: US$326.6m
- United States: US$325.9m
- France: US$307.2m
- Germany: US$268.7m
- Mexico: US$246.1m
- Singapore: US$196.2m
- India: US$185.6m
- Italy: US$158.5m
- Austria: US$95.1m
- Japan: US$82m
- Canada: US$60.4m
- United Arab Emirates: US$58.3m
- Spain: US$57.8m
- South Korea: US$53.3m
- Belgium: US$41.5m
- Sweden: US$35.3m
- Israel: US$32.7m
- Poland: US$29.8m
- Taiwan: US$28.6m
- Tunisia: US$24.6m
- Romania: US$22.3m
- Norway: US$19.9m
- Netherlands: US$19.1m
- Czechia: US$18.5m
- Malaysia: US$18.3m
- Türkiye: US$18.1m
- Saudi Arabia: US$17.6m
- Russia: US$15.6m
- Argentina: US$8.7m
- Thailand: US$8.7m
- Switzerland: US$8.6m
- Hungary: US$7.7m
- Brazil: US$6.9m
- Qatar: US$6.5m
- Denmark: US$6.1m
- Hong Kong SAR China: US$5m
- Ukraine: US$4.8m
- Vietnam: US$4.7m
- Costa Rica: US$3.7m
- Angola: US$3.5m
- Laos: US$3.3m
- Indonesia: US$3.3m
- Serbia: US$3.2m
- Kazakhstan: US$2.7m
- Ireland: US$2.7m
- South Africa: US$2.6m
- Australia: US$2.3m
- Slovenia: US$1.9m
- Croatia: US$1.3m
- Oman: US$1.1m
- Finland: US$1.1m
- Morocco: US$1.1m
- Philippines: US$1m
- Slovakia: US$911.1k
- Nigeria: US$800.6k
- Iran: US$687.6k
- Egypt: US$685.8k
- Colombia: US$591.1k
- Bulgaria: US$510.1k
Top exporters
| Rank | Country | Value | Share |
|---|---|---|---|
| 1 | US$1.2bn | 36.2% | |
| 2 | US$372.2m | 11.3% | |
| 3 | US$321.2m | 9.8% | |
| 4 | US$304.2m | 9.2% | |
| 5 | US$283.6m | 8.6% | |
| 6 | US$202m | 6.1% | |
| 7 | US$169.2m | 5.1% | |
| 8 | US$92.8m | 2.8% | |
| 9 | US$65.8m | 2% | |
| 10 | US$63.2m | 1.9% |
Top importers
| Rank | Country | Value | Share |
|---|---|---|---|
| 1 | US$415.5m | 12.6% | |
| 2 | US$326.6m | 9.9% | |
| 3 | US$325.9m | 9.9% | |
| 4 | US$307.2m | 9.3% | |
| 5 | US$268.7m | 8.2% | |
| 6 | US$246.1m | 7.5% | |
| 7 | US$196.2m | 6% | |
| 8 | US$185.6m | 5.6% | |
| 9 | US$158.5m | 4.8% | |
| 10 | US$95.1m | 2.9% |
Questions and answers
What is the HS code for bars, rods and profiles: of nickel alloys?
Bars, rods and profiles: of nickel alloys fall under HS subheading 7505.12, part of heading 7505, in section XV of the Harmonized System.
What is the import duty on bars, rods and profiles: of nickel alloys in the UK?
Under the UK Global Tariff, imports under 7505.12 from countries without a preferential agreement are charged at 2%. Preferential rates, anti-dumping duties and VAT are not included.
What is the import duty on bars, rods and profiles: of nickel alloys in the EU?
Under the EU Combined Nomenclature, imports under 7505.12 from countries without a preferential agreement are charged at 2.9%. Preferential rates, anti-dumping duties and VAT are not included.
Which country exports the most bars, rods and profiles: of nickel alloys?
The United States, with US$1.2bn in 2024 (36.2% of world exports).