Applicable under the US-Bahrain Free Trade Agreement (USBFTA) for qualifying goods with proper documentation (Certificate of Origin).
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Last updated: 1 year ago
News and Updates
Recent News
US-Bahrain Trade Agreement Boosts FPGA Exports
A recent bilateral trade agreement between the US and Bahrain has reduced tariffs on electronic components, including Field Programmable Gate Arrays (FPGAs), facilitating increased exports from the US to Bahrain.
2023-10-15
Impact: This agreement is expected to increase FPGA trade volume by reducing costs for Bahraini importers, potentially boosting US exports by 15% in the next year.
Bahrain Increases Demand for US-Made FPGAs
Bahrain's growing tech sector has led to a surge in demand for US-manufactured FPGAs, with imports rising by 20% in the last quarter as reported by the US Department of Commerce.
2023-09-22
Impact: The rising demand strengthens trade ties, likely increasing US FPGA exports and encouraging long-term supply contracts between the two nations.
Supply Chain Optimization for FPGA Trade Between US and Bahrain
US FPGA manufacturers have partnered with Bahraini logistics firms to streamline supply chains, reducing delivery times and costs for shipments under the US-Bahrain Free Trade Agreement.
2023-08-10
Impact: Improved logistics are expected to enhance trade efficiency, potentially increasing trade frequency and volume of FPGAs (HS Code: 8542.39.00) between the two countries.
Policy Updates
US-Bahrain Free Trade Agreement Tariff Reduction on Electronics
Under the US-Bahrain Free Trade Agreement, tariffs on electronic components, including FPGAs (HS Code: 8542.39.00), have been reduced to 0%, effective from October 1, 2023, to promote trade in high-tech goods.
