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Global Tariffs, Categorized
🇺🇸 United States
🇫🇲 Micronesia, Federated States of
📦 Insulating or transformer oils
🇺🇸 → 🇫🇲

United States to Micronesia, Federated States of Trade Analysis for Insulating or transformer oils

Detailed tariff information for Insulating or transformer oils imports

Insulating or transformer oils Tariff Rate

HS Code:

0%
Effective 01-Jan-2023
View general trade relationship between United States and Micronesia, Federated States of

Trade Volume

Value
Unavailable (specific data for insulating/transformer oils not publicly detailed)
Year
2023
Trend
Stable (based on overall trade patterns between the US and Micronesia)

Special Rates

Preferential Rate
0%
Applicable under the Compact of Free Association between the United States and the Federated States of Micronesia

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
Limited Trade Activity for Insulating Oils Between US and Micronesia
Recent trade data indicates minimal to no recorded trade of insulating or transformer oils (HS Code: 2710.19) between the United States and the Federated States of Micronesia. This reflects the small market size and limited industrial demand in Micronesia.
2023-10-15
Impact: Negligible impact on overall US trade due to the extremely low volume and value of trade with Micronesia in this category.
US Export Regulations for Petroleum Products Reviewed
The US Department of Commerce conducted a review of export controls for petroleum products, including insulating oils, with no specific changes noted for small Pacific nations like Micronesia.
2023-09-20
Impact: No direct impact on trade with Micronesia, as broader regulations remain unchanged for this region.
Micronesia's Energy Sector Development and Potential Import Needs
A report on Micronesia's energy infrastructure highlighted a potential future demand for transformer oils as part of renewable energy projects, though no current trade agreements or imports from the US are confirmed.
2023-08-05
Impact: Possible future increase in demand for US exports, though currently no significant trade activity exists.
Policy Updates
US-Micronesia Compact of Free Association Trade Provisions
The renewed Compact of Free Association between the US and the Federated States of Micronesia includes provisions for duty-free access for certain goods. However, no specific mention of insulating or transformer oils (HS Code: 2710.19) was made in the agreement.
Date: 2023-05-23