Increased Demand for Infrared Thermometers Boosts US-Australia Trade
A surge in demand for non-contact infrared thermometers, classified under HS Code 9025.19.8080 (as described in statistical note 2), has led to a 20% increase in exports from the United States to Australia in Q3 2023, driven by healthcare sector needs.
October 15, 2023
Impact: Positive impact on bilateral trade with potential for sustained growth if demand persists; US exporters may see higher revenues.
US-Australia Trade Agreement Facilitates Medical Device Exports
Under the US-Australia Free Trade Agreement (AUSFTA), tariffs on medical devices, including infrared thermometers (HS 9025.19), remain at zero, encouraging a steady flow of these goods from the US to Australia amidst global supply chain challenges.
September 5, 2023
Impact: Stable trade environment with no tariff barriers; supports consistent export volumes for US manufacturers.
Australian Import Regulations Tighten for Medical-Grade Thermometers
Australia's Therapeutic Goods Administration (TGA) introduced stricter compliance requirements for imported medical devices, including infrared thermometers under HS 9025.19, affecting some US exporters who must now meet additional certification standards.
August 20, 2023
Impact: Potential short-term delays in trade as US companies adapt to new regulatory requirements; may increase costs for exporters.