Increased Demand for Resistor Networks Boosts US-Germany Trade
A surge in demand for electronic components, including resistor networks (HS Code: 8533.10), has led to a 12% increase in exports from Germany to the United States in the third quarter of 2023. This growth is driven by the expanding automotive and industrial automation sectors in the US.
2023-10-15
Impact: Positive impact on bilateral trade, with potential for sustained growth if demand in key industries continues.
Supply Chain Delays Affect Resistor Network Shipments
Logistics disruptions at major European ports have delayed shipments of resistor networks from Germany to the United States, causing temporary shortages for US manufacturers reliant on German suppliers.
2023-09-22
Impact: Negative short-term impact on trade flow, with potential cost increases for US buyers due to delays.
US Tech Firms Partner with German Suppliers for Resistor Networks
Several US technology companies have entered long-term supply agreements with German manufacturers for resistor networks, aiming to secure a stable supply amidst global semiconductor shortages.
2023-08-10
Impact: Strengthens trade ties and ensures supply chain stability, likely increasing trade volume in the near future.