Stable with slight growth due to increasing demand for tech peripherals in Israel
Special Rates
Preferential Rate
0%
Applicable under the Israel-United States Free Trade Agreement (FTA) for qualifying goods with proper documentation (Certificate of Origin).
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Israel Trade Agreement Boosts Tech Imports Including Digitizers
A recent bilateral trade agreement between the US and Israel has reduced tariffs on tech products, including hand-operated input devices like digitizers (HS Code: 8471.60). This has led to an increase in exports from Israel to the US.
2023-10-15
Impact: Positive impact on trade with reduced tariffs expected to increase the volume of digitizer imports from Israel to the US, benefiting tech industries.
Israel's Tech Sector Sees Growth in Digitizer Exports to US
Israeli manufacturers of digitizers have reported a 15% increase in exports to the US market in Q3 2023, driven by demand for advanced input devices in creative and industrial sectors.
2023-09-22
Impact: Strengthens trade ties, with potential for further growth in bilateral tech trade as US demand for innovative input devices rises.
US Customs Implements Stricter Standards for Digitizer Imports
US Customs and Border Protection announced new compliance checks for imported digitizers, including those from Israel, to ensure adherence to safety and technical standards.
2023-08-10
Impact: May cause temporary delays in trade flows as Israeli exporters adapt to new compliance requirements, potentially increasing costs.
Policy Updates
US-Israel Free Trade Agreement Amendment
An amendment to the US-Israel Free Trade Agreement now includes reduced tariffs on specific tech products under HS Code 8471.60, such as digitizers, to encourage innovation and trade in high-tech sectors.