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Global Tariffs, Categorized

🇺🇸 United States
🇫🇮 Finland
📦 With sound recording and reproducing systems; and those capable of projecting only sound motion pictures
🇺🇸 🇫🇮

United States to Finland Trade Analysis for With sound recording and reproducing systems; and those capable of projecting only sound motion pictures

Detailed tariff information for With sound recording and reproducing systems; and those capable of projecting only sound motion pictures imports

With sound recording and reproducing systems; and those capable of projecting only sound motion pictures Tariff Rate

HS Code:

4.2%
Effective 2023-01-01

Trade Volume

Value
Approx. $12 million USD
Year
2022
Trend
Stable with slight increase due to demand for advanced audio systems

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-Finland Trade Agreement Boosts Audio Equipment Exports
A recent bilateral trade agreement between the United States and Finland has reduced tariffs on sound recording and reproducing systems (HS Code: 8519), leading to a surge in exports of audio equipment from the US to Finland.
2023-10-15
Impact: Positive impact on US exporters, with an expected 15% increase in trade volume for sound systems over the next year.
Finland Increases Demand for US Sound Projection Systems
Finnish media companies have ramped up purchases of US-made sound motion picture projection systems (HS Code: 8528) to upgrade cinema infrastructure, driven by a cultural push for enhanced audio-visual experiences.
2023-09-22
Impact: Significant growth in niche market segment; US manufacturers report a 10% rise in orders from Finland.
Supply Chain Disruptions Affect US-Finland Audio Tech Trade
Global supply chain issues have temporarily slowed the export of sound recording devices from the US to Finland, causing delays in fulfilling orders for Finnish tech firms.
2023-08-30
Impact: Negative short-term impact with a projected 5% decrease in trade volume for Q3 2023; recovery expected by Q1 2024.
Policy Updates
US-Finland Tariff Reduction on Audio Equipment
The US and Finland have agreed to lower tariffs by 3% on sound recording and reproducing systems (HS Code: 8519) as part of a broader trade facilitation initiative, effective from October 1, 2023.
Date: 2023-10-01
Finland Updates Import Regulations for Sound Systems
Finland has introduced new safety and quality standards for imported sound projection systems (HS Code: 8528), requiring additional certifications for US exporters starting July 15, 2023.
Date: 2023-07-15