Includes information on average tariff rates and types that U.S. firms should be aware of when exporting to the market.
When products enter the EU, they need to be declared to customs according to their classification in the Combined Nomenclature (CN). The CN document is updated and published every year, and the latest version can be found on the European Commission's website.
Spanish Customs values shipments at C.I.F. (cost, insurance, and freight) prices. For U.S. products, the tariff rate averages three - five percent. A registered customs agent must clear all shipments through customs. Usually, total costs to clear customs are between 20 to 30 percent of the shipment's C.I.F. value. This estimate includes tariffs, a 21 percent Value Added Tax (VAT), plus customs agent and handling fees. Total costs are lower for goods assessed at lower VAT levels (i.e. foodstuffs).
Additional detailed information on customs duties is available via the EU website.
The rules applying to products being imported into the customs territory of EU are available in the Integrated Tariff of the Community, referred to as TARIC (Tarif Intégré de la Communauté). The TARIC is also used to help determine if a license is required for a particular product.
The TARIC can be searched by country of origin, Harmonized System (HS) Code, and product description on the interactive website of the Directorate-General for Taxation and the Customs Union. The online TARIC is updated daily. The European Commission also maintains an export helpdesk with information on import restrictions of various products - Export Help.