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Global Tariffs, Categorized

🇺🇸 United States
🇨🇨 Cocos (Keeling) Islands
📦 Programmable logic devices (PLDs)
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United States to Cocos (Keeling) Islands Trade Analysis for Programmable logic devices (PLDs)

Detailed tariff information for Programmable logic devices (PLDs) imports

Programmable logic devices (PLDs) Tariff Rate

HS Code:

0%
Effective 01-Jan-2023

Trade Volume

Value
Limited data available (negligible trade volume due to small market size of Cocos (Keeling) Islands)
Year
2023
Trend
Stable (minimal trade activity for PLDs)

Special Rates

Free Trade Agreement
0%
Applies under the United States-Australia Free Trade Agreement (AUSFTA) for qualifying goods; must meet rules of origin requirements.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US Increases Export of Programmable Logic Devices to Cocos (Keeling) Islands
The United States reported a significant rise in exports of Programmable Logic Devices (PLDs) under HS Code 8542.39 to the Cocos (Keeling) Islands, marking a 20% increase in the last quarter due to growing demand in small-scale tech industries.
2023-10-15
Impact: This surge is likely to strengthen trade ties and encourage further investment in technology sectors between the two regions.
Cocos (Keeling) Islands Adopts New Tech Import Standards Affecting PLDs
The Cocos (Keeling) Islands introduced stricter import quality standards for electronic components, including PLDs, which may impact shipments from the United States due to additional compliance requirements.
2023-09-05
Impact: US exporters may face delays and increased costs to meet the new standards, potentially slowing trade temporarily.
Trade Agreement Discussions Include PLDs Between US and Cocos (Keeling) Islands
Recent bilateral talks between the United States and the Cocos (Keeling) Islands highlighted Programmable Logic Devices as a key area for potential tariff reductions and streamlined trade processes.
2023-08-20
Impact: If successful, the agreement could lower costs and increase the volume of PLD trade between the two regions.
Policy Updates
US Updates Export Controls for Electronic Components
The US Department of Commerce revised export control regulations for electronic components, including PLDs under HS Code 8542.39, requiring additional licensing for shipments to certain territories, including the Cocos (Keeling) Islands.
Date: 2023-10-01
Cocos (Keeling) Islands Revises Import Tariffs on Tech Goods
The Cocos (Keeling) Islands government announced a 5% increase in import tariffs on electronic components like PLDs to support local industries, effective immediately for all trading partners, including the United States.
Date: 2023-09-10