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  | Lumber and WoodTrade and TariffsThe lumber and wood sector is defined by chapter 44 of the Harmonized Tariff System. Lumber and wood products accounted for less than 1 percent of total U.S. industrial exports to Peru in 2005, totaling $3.7 million. The top U.S. exports in this sector were preserved rough lumber, coniferous lumber, and fiberboard. Peruvian tariffs range between 4 and 12 percent, with an average of 11.5 percent in 2005. Peruvian exports to the United States totaled close to $60 million in 2005, or about 2 percent of Peru’s total industrial exports to the United States. Top Peruvian exports to the United States were worked virola, mahogany, imbuia, balsa, and other tropical woods. The U.S. tariffs range between zero and 8 percent with an average of 5.2 percent. All Peruvian exports within this sector enter the United States duty-free under the Andean Trade Preference Act (ATPA) and Andean Trade Promotion and Drug Eradication Act (ATPDEA) tariff preferences. Tariff EliminationOverall, tariffs will be phased out according to four tariff
elimination categories: immediate elimination, equal cuts
over five years, equal cuts over seven years, and equal cuts
over ten years. Download the Report Click here to view a printable (.pdf) version of the Lumber and Wood for the U.S.-Peru TPA. Prepared by: International Trade Administration
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