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Processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits
United States to Eritrea Trade Analysis
for Processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits
Detailed tariff information for Processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits imports
Processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits Tariff Rate
Limited data available; estimated at less than $100,000 USD
Year
2022
Trend
Stable with low volume
Special Rates
Preferential Rate
N/A
No preferential trade agreements currently in place between Eritrea and the United States for this product category.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Limited Trade Activity for Processors and Controllers Between US and Eritrea
Recent trade data indicates minimal to no significant transactions involving processors and controllers (HS Code: 8542.31) between the United States and Eritrea. This reflects ongoing limited economic engagement between the two nations.
October 2023
Impact: Negligible impact on trade due to historically low trade volumes and lack of specific bilateral agreements for electronic components.
US Export Restrictions Continue to Affect Eritrea
The United States maintains export controls on certain high-tech goods, including processors and controllers, to Eritrea due to geopolitical concerns and sanctions frameworks, limiting potential trade.
July 2023
Impact: Restricts potential growth in trade of electronic components, maintaining a barrier to market access for Eritrea.
Eritrea's Import Challenges for Electronic Components
Eritrea faces challenges in importing advanced electronic components like processors and controllers due to foreign exchange constraints and limited trade partnerships with major economies like the US.
April 2023
Impact: Reduces the likelihood of significant trade flows with the US for HS Code 8542.31 products, perpetuating reliance on alternative markets.
Policy Updates
US Continuation of Sanctions on Eritrea
The US government has extended sanctions on Eritrea under the National Emergencies Act, which includes restrictions on certain technology exports such as processors and controllers (HS Code: 8542.31), citing national security concerns.
