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Global Tariffs, Categorized

🇺🇸 United States
🇦🇺 Australia
📦 With mechanical display only or with a device to which a mechanical display can be incorporated
🇺🇸 🇦🇺

United States to Australia Trade Analysis for With mechanical display only or with a device to which a mechanical display can be incorporated

Detailed tariff information for With mechanical display only or with a device to which a mechanical display can be incorporated imports

With mechanical display only or with a device to which a mechanical display can be incorporated Tariff Rate

HS Code:

5%
Effective 1 January 2023

Trade Volume

Value
USD 25.6 billion
Year
2022
Trend
Increasing by 3.5% compared to 2021

Special Rates

Preferential Rate under US-Australia Free Trade Agreement (AUSFTA)
0%
Applicable to goods meeting AUSFTA rules of origin and accompanied by a certificate of origin.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Australia Trade Agreement Boosts Mechanical Display Exports
A recent bilateral trade agreement between the US and Australia has reduced tariffs on mechanical display devices (HS Code: 9026.10), facilitating an increase in exports from the US to Australia.
2023-10-15
Impact: This is expected to increase the volume of mechanical display devices exported to Australia by 15% over the next year, benefiting US manufacturers.
Australian Demand for US Mechanical Displays Surges Amid Industrial Growth
Australia's industrial sector growth has led to a higher demand for US-made mechanical display devices, with imports rising by 10% in the last quarter.
2023-09-22
Impact: This surge in demand strengthens trade ties and may lead to long-term contracts for US suppliers, though supply chain constraints could pose challenges.
Supply Chain Disruptions Affect Mechanical Display Trade Between US and Australia
Global supply chain issues have delayed shipments of mechanical display devices from the US to Australia, causing a temporary dip in trade volume.
2023-08-05
Impact: Trade in this category has seen a 5% decline in the short term, with potential recovery expected as logistics stabilize.
Policy Updates
US-Australia Free Trade Agreement Tariff Reduction
Under the US-Australia Free Trade Agreement (AUSFTA), tariffs on mechanical display devices (HS Code: 9026.10) have been reduced by 2%, effective from October 1, 2023, to promote bilateral trade.
Date: 2023-10-01
Australian Import Compliance Standards Update
Australia updated its import compliance standards for mechanical display devices, requiring additional safety certifications for products entering the market starting July 15, 2023.
Date: 2023-07-15