Limited Trade Activity for SRAM Between US and Cocos (Keeling) Islands
Recent trade data indicates negligible trade volume of Static Read-Write Random Access Memory (SRAM) under HS Code 8542.32 between the United States and the Cocos (Keeling) Islands, a small Australian territory with minimal industrial activity.
2023-10-15
Impact: No significant impact on trade due to the extremely low trade volume and lack of industrial demand in the Cocos (Keeling) Islands for SRAM products.
US Export Regulations Unchanged for Small Territories
The US Department of Commerce reiterated that export controls and tariffs for electronic components like SRAM remain consistent for small territories, including the Cocos (Keeling) Islands, with no specific trade agreements in place.
2023-09-01
Impact: Trade remains unaffected as there are no direct exports of SRAM recorded between the two regions, maintaining the status quo.
Cocos (Keeling) Islands Infrastructure Limits High-Tech Imports
A report highlights that the Cocos (Keeling) Islands lack the infrastructure to support high-tech imports such as SRAM, focusing instead on basic goods and tourism-related trade.
2023-07-20
Impact: Negligible impact on SRAM trade with the US, as the region does not represent a viable market for such specialized electronic components.