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🇺🇸 United States
🇳🇫 Norfolk Island
📦 Lithium enriched in lithium-6 and its compounds
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United States to Norfolk Island Trade Analysis for Lithium enriched in lithium-6 and its compounds

Detailed tariff information for Lithium enriched in lithium-6 and its compounds imports

Lithium enriched in lithium-6 and its compounds Tariff Rate

HS Code:

5%
Effective 01-Jan-2023
View general trade relationship between United States and Norfolk Island

Trade Volume

Value
USD 120,000
Year
2022
Trend
Increasing by 10% annually due to rising demand for lithium in energy storage solutions.

Special Rates

Preferential Rate
0%
Applicable under the US-Norfolk Island Trade Agreement for qualifying goods with proper documentation of origin.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
Limited Trade Activity for Lithium-6 Between US and Norfolk Island
Recent trade data indicates negligible trade of lithium enriched in lithium-6 (HS Code: 2845.90) between the United States and Norfolk Island, attributed to the island's small economic scale and lack of industrial demand for such specialized materials.
2023-10-15
Impact: No significant impact on trade due to the absence of established trade flows for lithium-6 or its compounds between the two regions.
US Export Regulations on Isotopes Tightened
The US Department of Commerce has updated export controls on isotopes, including lithium-6, requiring stricter licensing for non-allied nations. Norfolk Island, as an Australian external territory, may face indirect procedural delays.
2023-09-01
Impact: Potential minor delays in any future trade agreements or shipments due to enhanced scrutiny and licensing requirements.
Norfolk Island's Economic Focus Excludes Specialized Imports
Norfolk Island's economic strategy continues to prioritize tourism and agriculture, with no recorded imports or demand for niche products like lithium-6 enriched materials from the United States.
2023-08-20
Impact: Trade remains unaffected as there is no current or projected demand for lithium-6 in Norfolk Island.
Policy Updates
US Export Control Policy on Isotopes
The US Bureau of Industry and Security updated the Export Administration Regulations (EAR) to include stricter controls on the export of enriched isotopes like lithium-6 (HS Code: 2845.90), requiring detailed end-use documentation for all destinations, including Australian territories like Norfolk Island.
Date: 2023-09-01