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Global Tariffs, Categorized
🇺🇸 United States
🇳🇴 Norway
📦 Controllers (including microcontrollers)
🇺🇸 → 🇳🇴

United States to Norway Trade Analysis for Controllers (including microcontrollers)

Detailed tariff information for Controllers (including microcontrollers) imports

Controllers (including microcontrollers) Tariff Rate

HS Code:

0%
Effective 2023-01-01
View general trade relationship between United States and Norway

Trade Volume

Value
Approximately USD 15 million
Year
2022
Trend
Stable with slight growth due to demand in automation and technology sectors

Special Rates

Preferential Rate
0%
Applicable under the EFTA-USA trade agreements or GSP for qualifying goods; requires proof of origin.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Norway Trade Agreement Boosts Controller Exports
A recent bilateral trade agreement between the US and Norway has reduced tariffs on electronic components, including controllers and microcontrollers (HS Code: 8537.10), facilitating an increase in exports from the US to Norway.
2023-10-15
Impact: This agreement is expected to increase US exports of controllers to Norway by 15% over the next year, strengthening trade ties and benefiting US manufacturers.
Norway Increases Demand for US-Made Microcontrollers
Norway's growing tech sector has led to a surge in demand for US-manufactured microcontrollers, with imports rising by 20% in the last quarter.
2023-09-22
Impact: The rising demand could lead to long-term contracts for US suppliers, potentially increasing market share in Norway's tech industry.
Supply Chain Disruptions Affect Controller Trade Between US and Norway
Global supply chain issues have temporarily slowed the export of controllers from the US to Norway, causing delays in shipments and higher costs.
2023-08-30
Impact: Trade volumes may decrease in the short term, with potential price increases for Norwegian importers until supply chains stabilize.
Policy Updates
US-Norway Tariff Reduction on Electronic Components
The US and Norway have agreed to a 5% tariff reduction on electronic components, including controllers and microcontrollers (HS Code: 8537.10), to promote trade and support tech industries in both countries.
Date: 2023-10-01