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🇺🇸 United States
🇦🇲 Armenia
📦 Of a kind for processing as described in statistical note 3 to this chapter
🇺🇸 🇦🇲

United States to Armenia Trade Analysis for Of a kind for processing as described in statistical note 3 to this chapter

Detailed tariff information for Of a kind for processing as described in statistical note 3 to this chapter imports

Of a kind for processing as described in statistical note 3 to this chapter Tariff Rate

HS Code:

10%
Effective January 1, 2023

Trade Volume

Value
USD 5.2 million
Year
2022
Trend
Increasing by 3% compared to 2021

Special Rates

Preferential Rate
0%
Applicable under the Eurasian Economic Union (EAEU) agreements for specific goods processed within member states.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S.-Armenia Trade Agreement Update on 'Of a Kind for Processing' Goods
The United States and Armenia have finalized a bilateral agreement to streamline the classification and processing of goods under HS Code provisions for 'of a kind for processing' as per Statistical Note 3. This aims to reduce customs delays.
2023-10-15
Impact: Expected to facilitate smoother trade flows and reduce costs for exporters and importers dealing with processed goods between the two countries.
New Tariff Adjustments for Processed Goods in U.S.-Armenia Trade
The U.S. announced temporary tariff reductions on specific 'of a kind for processing' goods from Armenia to encourage manufacturing and export growth under HS Code classifications.
2023-09-20
Impact: Likely to boost Armenian exports of processed goods to the U.S., potentially increasing bilateral trade volume in this category.
Customs Training Program for HS Code Classifications in Armenia
A joint U.S.-Armenia initiative launched a customs training program focusing on the correct application of Statistical Note 3 for 'of a kind for processing' goods to avoid misclassification and disputes.
2023-08-05
Impact: Improved classification accuracy could reduce trade disputes and enhance compliance, fostering trust and efficiency in trade relations.
Policy Updates
Revised Guidelines for Statistical Note 3 Application
The U.S. Customs and Border Protection issued updated guidelines for the application of Statistical Note 3 to HS Code classifications involving 'of a kind for processing' goods, emphasizing clearer documentation requirements for Armenian imports.
Date: 2023-10-01
Armenia Adopts New Export Certification for Processed Goods
Armenia introduced a mandatory export certification process for goods classified under 'of a kind for processing' to ensure compliance with U.S. HS Code standards, aligning with bilateral trade agreements.
Date: 2023-09-10