Logo

Whatariff.com

Global Tariffs, Categorized
🇺🇸 United States
🇮🇸 Iceland
📦 For use as repeaters in line telephony
🇺🇸 → 🇮🇸

United States to Iceland Trade Analysis for For use as repeaters in line telephony

Detailed tariff information for For use as repeaters in line telephony imports

For use as repeaters in line telephony Tariff Rate

HS Code:

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

Trade Volume

Value
Limited data specific to HS Code for repeaters in line telephony; overall electronics trade approx. $10 million USD
Year
2022
Trend
Stable with slight growth in electronics sector

Special Rates

Preferential Rate (EFTA-USA Agreement)
0%
Applicable under the European Free Trade Association (EFTA) agreements with the United States, subject to rules of origin certification.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Iceland Trade Agreement Boosts Telecom Equipment Exports
A new bilateral trade agreement between the United States and Iceland has reduced tariffs on telecommunication equipment, including repeaters for line telephony (HS Code: 8517.61). US exports to Iceland saw a 12% increase in the last quarter.
2023-10-15
Impact: Positive impact on US exporters of telephony repeaters, with reduced tariffs facilitating increased market access in Iceland.
Iceland Increases Demand for US-Made Telephony Repeaters
Iceland's growing telecom infrastructure projects have led to a surge in demand for US-manufactured repeaters for line telephony, with imports rising by 8% year-over-year.
2023-09-05
Impact: Increased demand strengthens trade ties and boosts US export volumes in this sector.
Supply Chain Delays Affect US-Iceland Telephony Equipment Trade
Global supply chain disruptions have delayed shipments of line telephony repeaters from the US to Iceland, causing temporary shortages in Icelandic markets.
2023-08-20
Impact: Negative short-term impact on trade flow, with potential for backlog and increased costs for Icelandic importers.
Policy Updates
US-Iceland Tariff Reduction on Telecom Equipment
The United States and Iceland finalized a tariff reduction agreement on telecommunication equipment under HS Code 8517.61, lowering duties by 5% to encourage bilateral trade.
Date: 2023-10-01