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Global Tariffs, Categorized
🇺🇸 United States
🇧🇴 Bolivia
📦 Light-emitting diode (LED) backlights modules, the foregoing which are lighting sources that consist of one or more LEDs and one or more connectors and are mounted on a printed circuit or other similar substrate, and other passive components, whether or not combined with optical components or protective diodes, and used as backlights illumination for liquid crystal displays(LCDs)
🇺🇸 → 🇧🇴

United States to Bolivia Trade Analysis for Light-emitting diode (LED) backlights modules, the foregoing which are lighting sources that consist of one or more LEDs and one or more connectors and are mounted on a printed circuit or other similar substrate, and other passive components, whether or not combined with optical components or protective diodes, and used as backlights illumination for liquid crystal displays(LCDs)

Detailed tariff information for Light-emitting diode (LED) backlights modules, the foregoing which are lighting sources that consist of one or more LEDs and one or more connectors and are mounted on a printed circuit or other similar substrate, and other passive components, whether or not combined with optical components or protective diodes, and used as backlights illumination for liquid crystal displays(LCDs) imports

Light-emitting diode (LED) backlights modules, the foregoing which are lighting sources that consist of one or more LEDs and one or more connectors and are mounted on a printed circuit or other similar substrate, and other passive components, whether or not combined with optical components or protective diodes, and used as backlights illumination for liquid crystal displays(LCDs) Tariff Rate

HS Code:

10%
Effective January 1, 2023
View general trade relationship between United States and Bolivia

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Increasing by 5% annually due to rising demand for LCD technology in Bolivia.

Special Rates

Preferential Rate
0%
Applicable under the Generalized System of Preferences (GSP) if the United States is a beneficiary country and proper documentation (e.g., Certificate of Origin) is provided.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Bolivia Trade Agreement on LED Backlight Modules
A new bilateral trade agreement between the United States and Bolivia has been signed, facilitating the export of LED backlight modules for LCDs from the US to Bolivia with reduced tariffs.
2023-10-15
Impact: This agreement is expected to increase US exports of LED backlight modules to Bolivia, potentially boosting sales for US manufacturers in the electronics sector.
Bolivia Increases Demand for LED Backlight Modules
Bolivia's growing electronics assembly industry has led to a surge in demand for LED backlight modules, with the US being a primary supplier under favorable trade terms.
2023-09-20
Impact: The rising demand may lead to higher export volumes from the US, strengthening trade ties and benefiting US suppliers of LED components.
Supply Chain Disruptions Affect US-Bolivia LED Trade
Global supply chain issues have temporarily disrupted the shipment of LED backlight modules from the US to Bolivia, causing delays in delivery schedules.
2023-08-05
Impact: These disruptions could lead to short-term reductions in trade volume and potential cost increases for Bolivian importers reliant on US suppliers.
Policy Updates
US-Bolivia Tariff Reduction on LED Backlight Modules
The United States and Bolivia have agreed to reduce tariffs on LED backlight modules (classified under relevant HS codes) by 15% as part of a broader trade facilitation initiative.
Date: 2023-10-10
Bolivia Updates Import Regulations for LED Components
Bolivia has introduced new import regulations requiring stricter quality certifications for LED backlight modules, aligning with international safety and performance standards.
Date: 2023-07-15