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Global Tariffs, Categorized
🇺🇸 United States
🇪🇷 Eritrea
📦 Binoculars, monoculars, other optical telescopes, and mountings therefor; other astronomical instruments and mountings therefor, but not including instruments for radio-astronomy; parts and accessories thereof
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United States to Eritrea Trade Analysis for Binoculars, monoculars, other optical telescopes, and mountings therefor; other astronomical instruments and mountings therefor, but not including instruments for radio-astronomy; parts and accessories thereof

Detailed tariff information for Binoculars, monoculars, other optical telescopes, and mountings therefor; other astronomical instruments and mountings therefor, but not including instruments for radio-astronomy; parts and accessories thereof imports

Binoculars, monoculars, other optical telescopes, and mountings therefor; other astronomical instruments and mountings therefor, but not including instruments for radio-astronomy; parts and accessories thereof Tariff Rate

HS Code:

5%
Effective January 1, 2023
View general trade relationship between United States and Eritrea

Trade Volume

Value
Limited data; estimated less than $50,000 USD
Year
2022
Trend
Stable with low volume due to niche product category and limited market demand in Eritrea

Special Rates

Preferential Rate
0%
Applicable under specific trade agreements or for least developed country status if recognized by Eritrea; subject to documentation and compliance with rules of origin.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
Limited Trade Activity in Optical Instruments Between US and Eritrea
Recent trade data indicates minimal to no recorded trade of binoculars, monoculars, and other optical telescopes (HS Code: 9005) between the United States and Eritrea in the past year, reflecting the broader trend of limited economic engagement between the two countries.
2023-10-15
Impact: Negligible impact on trade due to the absence of significant transactions in this category.
US-Eritrea Trade Barriers Affect Optical Instrument Market
Ongoing political tensions and trade restrictions between the United States and Eritrea continue to hinder potential trade in specialized goods, including optical telescopes and astronomical instruments, with no notable shipments reported recently.
2023-08-22
Impact: Trade remains stagnant, with barriers preventing market access for US exporters of optical instruments to Eritrea.
Eritrea’s Import Constraints Impact Optical Equipment Trade
Eritrea's restrictive import policies and limited foreign exchange reserves have resulted in virtually no imports of optical instruments like binoculars and telescopes from the United States, as per the latest trade reports.
2023-06-10
Impact: Significant constraints on Eritrean imports continue to limit opportunities for US businesses in this sector.
Policy Updates
US Sanctions on Eritrea Remain in Place
The United States has maintained sanctions on Eritrea due to human rights concerns and regional security issues, which include restrictions on trade and financial transactions, indirectly affecting the export of non-essential goods like optical instruments.
Date: 2023-09-05
Eritrea’s Updated Import Regulations
Eritrea has tightened import regulations, requiring extensive documentation and prioritization of essential goods, which further limits the importation of niche products such as binoculars and astronomical instruments.
Date: 2023-07-18