Increased Demand for Wirewound Resistors in U.S. Market
Recent reports indicate a surge in demand for wirewound variable resistors, including rheostats and potentiometers, in the U.S. due to growth in industrial automation. Namibia, a minor supplier, has seen a slight uptick in exports to the U.S. under existing trade agreements.
2023-10-15
Impact: Positive for Namibia's exporters, though volumes remain small. Potential for growth if U.S. demand continues.
U.S. Importers Explore Namibian Suppliers for Electronic Components
U.S. companies are diversifying supply chains for electronic components, including wirewound resistors (HS Code: 8533.31). Namibia has emerged as a niche supplier, with small-scale shipments recorded in Q3 2023.
2023-09-22
Impact: Minimal but growing trade activity; could lead to stronger bilateral trade ties if quality and pricing remain competitive.
Namibia's Export Challenges with Wirewound Resistors to U.S.
Logistical constraints and limited production capacity in Namibia have hindered consistent exports of wirewound variable resistors to the U.S. market, despite interest from American buyers.
2023-08-10
Impact: Negative short-term impact due to supply chain inefficiencies; potential for improvement with infrastructure investments.