A recent report highlights an increase in U.S. exports of semiconductor wafer checking equipment (HS Code: 9031.41) to Colombia, driven by the U.S.-Colombia Trade Promotion Agreement (TPA) which reduces tariffs and enhances market access.
2023-10-15
Impact: Positive impact on trade with reduced tariffs facilitating a 12% increase in exports of semiconductor measurement devices from the U.S. to Colombia in 2023.
Colombian Tech Sector Growth Drives Demand for U.S. Semiconductor Tools
Colombia's expanding technology sector has led to a surge in demand for U.S.-made equipment for measuring semiconductor wafers and devices, strengthening bilateral trade ties.
2023-09-20
Impact: Increased demand is expected to boost U.S. exports under HS Code 9031.41 by 8% in the next quarter, supporting U.S. manufacturers.
U.S. and Colombia Discuss Supply Chain Resilience for Semiconductor Equipment
During a bilateral trade meeting, U.S. and Colombian officials addressed the need for resilient supply chains for semiconductor manufacturing equipment, focusing on HS Code 9031.41 products.
2023-08-05
Impact: Potential for long-term trade growth as both countries prioritize secure supply chains, possibly increasing U.S. exports to Colombia.
The U.S. and Colombia reviewed tariff schedules under the TPA, maintaining zero tariffs on semiconductor wafer checking equipment (HS Code: 9031.41), ensuring continued favorable trade conditions.
Date: 2023-07-10
Colombian Import Regulation Update for High-Tech Equipment
Colombia updated import regulations to streamline customs processes for high-tech equipment, including semiconductor measurement devices, reducing processing times for U.S. exporters.
