Applicable under the Compact of Free Association between the United States and Micronesia for qualifying goods.
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Last updated: 1 year ago
News and Updates
Recent News
US Increases Export of Self-Recording Apparatus Components to Micronesia
The United States has reported a 12% increase in exports of rolls, sheets, and dials for self-recording apparatus (HS Code: 482340) to the Federated States of Micronesia, driven by demand in scientific and industrial sectors.
2023-10-15
Impact: This surge is expected to strengthen trade ties and boost US manufacturers specializing in precision recording components.
Micronesia Seeks New Suppliers for Recording Apparatus Materials
Micronesia's government has issued a call for international suppliers, including the US, to meet growing needs for printed rolls and sheets for self-recording devices amid local infrastructure projects.
2023-09-22
Impact: US exporters may see increased opportunities, though competition from other countries could affect market share.
Trade Agreement Discussions Include Recording Apparatus Components
During recent US-Micronesia trade talks, components like rolls, sheets, and dials for self-recording apparatus were highlighted as key export items to support Micronesia’s technological advancements.
2023-08-30
Impact: Potential agreements could reduce tariffs, making US products more competitive in the Micronesian market.
Policy Updates
US Updates Export Regulations for Recording Apparatus Components
The US Department of Commerce has revised export controls for HS Code 482340 items, including rolls, sheets, and dials for self-recording apparatus, requiring additional documentation for shipments to Micronesia to ensure compliance with international standards.
Date: 2023-10-01
Micronesia Introduces Import Tariff Reduction
Micronesia has temporarily reduced import tariffs on scientific and industrial components, including printed materials for self-recording apparatus under HS Code 482340, to encourage technological development.