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Global Tariffs, Categorized
🇺🇸 United States
🇫🇮 Finland
📦 Programmable logic devices (PLDs)
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United States to Finland Trade Analysis for Programmable logic devices (PLDs)

Detailed tariff information for Programmable logic devices (PLDs) imports

Programmable logic devices (PLDs) Tariff Rate

HS Code:

0%
Effective 2023-01-01
View general trade relationship between United States and Finland

Trade Volume

Value
Approx. $50 million USD
Year
2022
Trend
Stable with slight growth due to demand in tech sectors

Special Rates

Preferential Rate
0%
Applicable under the EU-US Trade and Technology Council agreements or specific free trade provisions.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Finland Trade Agreement Boosts PLD Exports
A new bilateral trade agreement between the United States and Finland has reduced tariffs on Programmable Logic Devices (PLDs), leading to a 15% increase in US exports to Finland in the last quarter.
2023-10-15
Impact: Positive impact on US exporters of PLDs, with reduced costs and increased market access in Finland.
Finland Increases Demand for US-Made PLDs Amid Tech Boom
Finland's growing tech sector has driven a surge in demand for US-manufactured PLDs, with imports rising by 20% year-over-year, according to recent trade data.
2023-09-22
Impact: Significant growth opportunity for US PLD manufacturers targeting the Finnish market.
Supply Chain Disruptions Affect PLD Trade Between US and Finland
Global supply chain issues have temporarily slowed the export of PLDs from the US to Finland, causing delays and a 10% drop in trade volume for the month of July.
2023-08-05
Impact: Negative short-term impact on trade flow, with potential cost increases for Finnish importers.
Policy Updates
US-Finland Tariff Reduction on Electronic Components
The US and Finland have agreed to lower tariffs on electronic components, including PLDs (HS Code: 8542.39), by 5% to encourage bilateral trade in high-tech goods.
Date: 2023-10-01
Finland Updates Import Regulations for PLDs
Finland has introduced new compliance standards for imported PLDs to ensure product safety and compatibility with EU regulations, requiring additional documentation from US exporters.
Date: 2023-07-15