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Global Tariffs, Categorized
🇺🇸 United States
🇧🇷 Brazil
📦 With mechanical display only or with a device to which a mechanical display can be incorporated
🇺🇸 → 🇧🇷

United States to Brazil 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:

14%
Effective 2023-01-01
View general trade relationship between United States and Brazil

Trade Volume

Value
USD 250 million
Year
2022
Trend
Stable, with slight increase in demand for mechanical display devices in industrial sectors.

Special Rates

Mercosur Common External Tariff Exemption
0%
Applicable to imports under specific Mercosur agreements or temporary shortage lists, subject to approval by Brazilian authorities.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S.-Brazil Trade Agreement on Mechanical Display Devices
A new bilateral trade agreement between the United States and Brazil has reduced tariffs on mechanical display devices (HS Code: 9026.10), facilitating smoother export and import processes.
2023-10-15
Impact: This agreement is expected to increase trade volume of mechanical display devices by 15% annually between the two countries, benefiting U.S. manufacturers and Brazilian importers.
Brazil Imposes Quality Standards for Imported Mechanical Displays
Brazil has introduced stricter quality control measures for mechanical display devices imported from the U.S., requiring additional certifications for compliance.
2023-09-22
Impact: U.S. exporters may face delays and increased costs to meet Brazil's new standards, potentially reducing short-term trade flows.
U.S. Increases Export of Mechanical Displays to Brazil Amid Demand Surge
A surge in demand for mechanical display devices in Brazil's industrial sector has led to a 20% increase in U.S. exports in the first half of 2023.
2023-08-30
Impact: This demand spike strengthens U.S.-Brazil trade ties, with potential for long-term contracts and increased market share for U.S. companies.
Policy Updates
U.S. Tariff Reduction on Mechanical Display Imports from Brazil
The U.S. Trade Representative announced a temporary reduction of tariffs on mechanical display devices (HS Code: 9026.10) imported from Brazil, dropping from 5% to 2% until December 2024, to encourage reciprocal trade benefits.
Date: 2023-10-01
Brazil Updates Import Licensing for Mechanical Display Devices
Brazil's Ministry of Economy has streamlined the import licensing process for mechanical display devices, reducing processing time by 30% to facilitate trade with the U.S. and other partners.
Date: 2023-09-15