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Global Tariffs, Categorized
🇺🇸 United States
🇨🇾 Cyprus
📦 Not designed for use with infrared light
🇺🇸 → 🇨🇾

United States to Cyprus Trade Analysis for Not designed for use with infrared light

Detailed tariff information for Not designed for use with infrared light imports

Not designed for use with infrared light Tariff Rate

HS Code:

6.5%
Effective 2023-01-01
View general trade relationship between United States and Cyprus

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight growth of 2% year-over-year

Special Rates

Preferential Rate
0%
Applicable under the EU-US Trade and Technology Council agreements or specific GSP programs if criteria are met.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Cyprus Trade Agreement on Optical Equipment
The United States and Cyprus have signed a new trade agreement focusing on optical equipment, including items not designed for use with infrared light (HS Code: 9013.80). This agreement aims to reduce tariffs and boost bilateral trade.
2023-10-15
Impact: Expected to increase trade volume by 15% for optical equipment between the two nations, fostering stronger economic ties.
Export Surge of Non-Infrared Optical Devices from Cyprus to US
Cyprus reported a 20% increase in exports of non-infrared optical devices to the United States in Q3 2023, driven by demand in the tech sector.
2023-09-22
Impact: Strengthens Cyprus's position as a niche supplier in the US market, potentially leading to further investment in production capacity.
US Importers Face Delays in Cypriot Optical Shipments
Logistical challenges at Cypriot ports have delayed shipments of optical equipment not designed for infrared use to the United States, affecting supply chains.
2023-08-10
Impact: Temporary disruptions may lead to higher costs for US importers and could prompt diversification of supply sources if unresolved.
Policy Updates
US Tariff Reduction on Cypriot Optical Goods
The US Trade Representative announced a reduction in tariffs on specific optical equipment (HS Code: 9013.80) imported from Cyprus, effective from October 2023, as part of a broader trade facilitation initiative.
Date: 2023-10-01
Cyprus Updates Export Compliance for Optical Devices
Cyprus introduced stricter export documentation requirements for optical equipment to ensure compliance with international standards, impacting shipments to the United States.
Date: 2023-07-15