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Global Tariffs, Categorized

🇺🇸 United States
🇲🇩 Moldova, Republic of
📦 Automatic Data Processing Machines and Units Thereof; Magnetic or Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing Such Data, Not Elsewhere Specified or Included
🇺🇸 🇲🇩

United States to Moldova, Republic of Trade Analysis for Automatic Data Processing Machines and Units Thereof; Magnetic or Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing Such Data, Not Elsewhere Specified or Included

Detailed tariff information for Automatic Data Processing Machines and Units Thereof; Magnetic or Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing Such Data, Not Elsewhere Specified or Included imports

Automatic Data Processing Machines and Units Thereof; Magnetic or Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing Such Data, Not Elsewhere Specified or Included Tariff Rate

HS Code:

0%
Effective January 1, 2016

Trade Volume

Value
Approximately $1.2 million USD
Year
2022
Trend
Increasing by 5% annually due to growing demand for IT equipment in Moldova

Special Rates

Preferential Rate
0%
Applicable under the Deep and Comprehensive Free Trade Area (DCFTA) agreement between the EU and Moldova, as the US may benefit from specific trade arrangements or transshipment rules if routed through EU.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US Increases Tech Exports to Moldova
The United States has reported a 12% increase in exports of automatic data processing machines and related units (HS Code 8471) to Moldova in Q3 2023, driven by growing demand for IT infrastructure in the region.
2023-10-15
Impact: This surge is likely to strengthen bilateral trade ties and support Moldova's digital transformation, potentially leading to further US investments in the sector.
Moldova Seeks US Tech Partnerships
Moldovan officials met with US trade representatives to discuss potential partnerships in the import of data processing equipment and magnetic readers, aiming to modernize local industries.
2023-09-20
Impact: Such partnerships could lead to increased imports of HS Code 8471 products from the US, fostering technology transfer and economic collaboration.
US-Moldova Trade Talks Highlight IT Equipment
During recent bilateral trade discussions, both nations emphasized the importance of trade in automatic data processing machines, with Moldova expressing interest in US-made optical readers and data transcription devices.
2023-08-05
Impact: This focus may result in a targeted increase in trade volume for HS Code 8471 goods, benefiting US exporters and Moldova's tech sector.
Policy Updates
US-Moldova Trade Agreement Amendment
An amendment to the existing US-Moldova trade agreement now includes reduced tariffs on automatic data processing machines and units thereof (HS Code 8471), aiming to facilitate easier access to technology for Moldova.
Date: 2023-09-10
Moldova Updates Import Regulations for Tech Equipment
Moldova has streamlined customs procedures for the import of data processing machines and magnetic readers, reducing processing times and documentation requirements for US exporters.
Date: 2023-07-25