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Global Tariffs, Categorized
🇺🇸 United States
🇧🇳 Brunei Darussalam
📦 Automatic Data Processing Machines and Units Thereof; Magnetic or Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing Such Data, Not Elsewhere Specified or Included
🇺🇸 → 🇧🇳

United States to Brunei Darussalam Trade Analysis for Automatic Data Processing Machines and Units Thereof; Magnetic or Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing Such Data, Not Elsewhere Specified or Included

Detailed tariff information for Automatic Data Processing Machines and Units Thereof; Magnetic or Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing Such Data, Not Elsewhere Specified or Included imports

Automatic Data Processing Machines and Units Thereof; Magnetic or Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing Such Data, Not Elsewhere Specified or Included Tariff Rate

HS Code:

0%
Effective 01-Jan-2023
View general trade relationship between United States and Brunei Darussalam

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Increasing due to rising demand for IT infrastructure in Brunei.

Special Rates

ASEAN Free Trade Area (AFTA)
0%
Applicable to imports under AFTA agreements with valid certification of origin.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US Increases Exports of Data Processing Machines to Brunei
The United States reported a 12% increase in exports of automatic data processing machines (HS Code 8471) to Brunei Darussalam in Q3 2023, driven by demand for advanced computing solutions in Brunei's digital economy initiatives.
2023-10-15
Impact: This surge strengthens bilateral trade ties and supports Brunei's technological advancement, potentially increasing future demand for US tech products.
Brunei Expands Tech Imports from US Amid Digital Transformation
Brunei Darussalam has ramped up imports of magnetic and optical readers and data processing units from the US as part of its national digital transformation strategy, with trade value rising by 8% year-over-year.
2023-09-20
Impact: Enhanced trade in tech equipment could lead to deeper economic collaboration and potential US investment in Brunei's tech sector.
US-Brunei Trade Agreement Boosts Data Processing Equipment Shipments
A recent trade facilitation agreement between the US and Brunei has streamlined customs processes, resulting in a notable uptick in shipments of data processing machines and related units under HS Code 8471.
2023-08-05
Impact: Reduced trade barriers are likely to sustain growth in this sector, benefiting US exporters and Brunei's tech infrastructure development.
Policy Updates
US-Brunei Trade Facilitation Agreement on Tech Goods
A new bilateral agreement reduces tariffs and simplifies customs procedures for tech goods, including automatic data processing machines (HS Code 8471), fostering smoother trade between the US and Brunei Darussalam.
Date: 2023-07-10
Brunei Updates Import Regulations for Data Processing Equipment
Brunei introduced updated import standards for data processing machines to ensure compliance with international safety and efficiency norms, impacting US exporters under HS Code 8471.
Date: 2023-06-15