Stable with slight growth due to demand in tech and automotive sectors
Special Rates
Preferential Rate
0%
Applicable under the US-Israel Free Trade Agreement; requires Certificate of Origin (Form A) to confirm US origin.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Israel Tech Trade Boost with EEPROM Exports
A recent agreement between US-based semiconductor companies and Israeli tech firms has led to a significant increase in EEPROM exports, strengthening bilateral trade in high-tech components.
2023-10-15
Impact: This deal is expected to enhance trade volumes by 15% in the EEPROM sector, fostering closer economic ties and innovation collaboration between the two nations.
New Tariff Reductions on EEPROM Imports to Israel
Israel has reduced tariffs on EEPROM imports from the US as part of a broader trade facilitation initiative under the US-Israel Free Trade Agreement.
2023-09-20
Impact: The tariff reduction is likely to increase US EEPROM exports to Israel by lowering costs for Israeli manufacturers, potentially boosting US market share in the region.
US-Israel Joint Venture on EEPROM Technology
A joint venture between a US chipmaker and an Israeli semiconductor company aims to develop advanced EEPROM technologies, with production facilities in both countries.
2023-08-05
Impact: This collaboration could lead to a balanced trade flow of EEPROM components and technology transfers, benefiting both economies through shared innovation.
Policy Updates
Update to US-Israel Free Trade Agreement on Tech Goods
An amendment to the US-Israel Free Trade Agreement now includes specific provisions for reduced tariffs and streamlined customs processes for electronic components like EEPROM, aiming to encourage trade in high-tech sectors.
