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Global Tariffs, Categorized

🇺🇸 United States
🇦🇺 Australia
📦 Instruments and appliances for aeronautical or space navigation (other than compasses)
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United States to Australia Trade Analysis for Instruments and appliances for aeronautical or space navigation (other than compasses)

Detailed tariff information for Instruments and appliances for aeronautical or space navigation (other than compasses) imports

Instruments and appliances for aeronautical or space navigation (other than compasses) Tariff Rate

HS Code:

5%
Effective 1 January 2023

Trade Volume

Value
AUD 120 million
Year
2022
Trend
Increasing by 8% year-on-year due to growing demand in aerospace technology.

Special Rates

Free Trade Agreement Rate
0%
Applicable under the Australia-United States Free Trade Agreement (AUSFTA) for qualifying goods with proper documentation and origin certification.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Australia Aerospace Trade Agreement Boosts Navigation Instrument Exports
A new bilateral trade agreement between the US and Australia has reduced tariffs on aeronautical navigation instruments, leading to a projected increase in exports of these high-tech devices from the US to Australia.
2023-10-15
Impact: Positive impact on trade with reduced tariffs expected to increase US exports of navigation instruments to Australia by 15% over the next year.
Australian Demand for Advanced Space Navigation Tools Surges
Growing investments in Australia's space sector have driven demand for advanced US-made space navigation appliances, with several major contracts awarded to American firms.
2023-09-22
Impact: Significant positive impact, with US companies securing contracts worth over $50 million, strengthening trade ties in this sector.
Supply Chain Disruptions Affect US-Australia Navigation Equipment Trade
Global supply chain issues have delayed shipments of aeronautical navigation instruments from the US to Australia, causing temporary shortages for Australian aerospace firms.
2023-08-10
Impact: Negative short-term impact on trade, with delays potentially costing the industry millions in lost productivity until resolved.
Policy Updates
US-Australia Free Trade Agreement Amendment on Aerospace Goods
An amendment to the existing US-Australia Free Trade Agreement now includes specific provisions to lower tariffs and streamline customs processes for aeronautical and space navigation instruments (HS Code 9014.20), effective immediately.
Date: 2023-10-01
Australian Import Regulation Update for Navigation Equipment
Australia updated its import regulations to align with international safety and quality standards for aeronautical navigation instruments, requiring additional certification for US exporters starting in Q4 2023.
Date: 2023-07-15