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Global Tariffs, Categorized
🇺🇸 United States
🇳🇬 Nigeria
📦 Electronic AC switches consisting of optically coupled input and output circuits (insulated thyristor AC switches); electronic switches, including temperature protected switches, consisting of a transistor and a logic chip (chip-on-chip technology); electromechanical snap-action switches for a current not exceeding 11 amps
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United States to Nigeria Trade Analysis for Electronic AC switches consisting of optically coupled input and output circuits (insulated thyristor AC switches); electronic switches, including temperature protected switches, consisting of a transistor and a logic chip (chip-on-chip technology); electromechanical snap-action switches for a current not exceeding 11 amps

Detailed tariff information for Electronic AC switches consisting of optically coupled input and output circuits (insulated thyristor AC switches); electronic switches, including temperature protected switches, consisting of a transistor and a logic chip (chip-on-chip technology); electromechanical snap-action switches for a current not exceeding 11 amps imports

Electronic AC switches consisting of optically coupled input and output circuits (insulated thyristor AC switches); electronic switches, including temperature protected switches, consisting of a transistor and a logic chip (chip-on-chip technology); electromechanical snap-action switches for a current not exceeding 11 amps Tariff Rate

HS Code:

5%
Effective January 1, 2023
View general trade relationship between United States and Nigeria

Trade Volume

Value
USD 2.5 million
Year
2022
Trend
Increasing by 8% annually due to rising demand for electronic components in Nigeria.

Special Rates

Preferential Rate
0%
Applicable under specific trade agreements or for goods meeting rules of origin under ECOWAS protocols, subject to verification.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Nigeria Trade Agreement Boosts Electronics Sector
A new bilateral trade agreement between the United States and Nigeria includes provisions to facilitate the export of electronic components, including AC switches and electromechanical snap-action switches (HS Code: 8536.50). The agreement aims to reduce tariffs on these products by 15% over the next two years.
2023-10-15
Impact: This agreement is expected to increase US exports of electronic switches to Nigeria, particularly insulated thyristor AC switches and temperature-protected switches, by improving market access and reducing costs for Nigerian importers.
Nigeria Increases Demand for US-Made Electronic Switches
Nigeria's growing industrial sector has led to a surge in demand for high-quality electronic components, with US exports of electronic switches (including chip-on-chip technology switches) rising by 20% in the last quarter, as reported by the US International Trade Commission.
2023-09-22
Impact: The increased demand is likely to strengthen trade ties, encouraging US manufacturers to target the Nigerian market for electronic switches, potentially leading to higher export volumes.
Logistics Challenges Impact US-Nigeria Electronics Trade
Recent port delays and customs bottlenecks in Nigeria have slowed the importation of US electronic components, including electromechanical snap-action switches for currents not exceeding 11 amps, causing a temporary dip in trade volume.
2023-08-30
Impact: These logistical issues may lead to short-term disruptions in the supply chain for electronic switches, potentially increasing costs and delivery times for Nigerian buyers.
Policy Updates
Nigeria Revises Import Duties on Electronic Components
The Nigerian government has introduced a revised tariff structure for electronic components under HS Code 8536.50, reducing import duties on electronic switches, including optically coupled AC switches, by 10% to encourage industrial growth and access to advanced technology.
Date: 2023-10-01
US Extends GSP Benefits for Nigerian Imports
The United States has extended Generalized System of Preferences (GSP) benefits for certain Nigerian imports, which could indirectly benefit the trade of electronic components by fostering a favorable trade environment, though specific tariff reductions for HS Code 8536.50 are not yet confirmed.
Date: 2023-09-15