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Global Tariffs, Categorized

🇺🇸 United States
🇳🇴 Norway
📦 Described in additional U.S.note 16 to this chapter and entered pursuant to its provisions
🇺🇸 🇳🇴

United States to Norway Trade Analysis for Described in additional U.S.note 16 to this chapter and entered pursuant to its provisions

Detailed tariff information for Described in additional U.S.note 16 to this chapter and entered pursuant to its provisions imports

Described in additional U.S.note 16 to this chapter and entered pursuant to its provisions Tariff Rate

HS Code:

0% (Free)
Effective January 1, 2023

Trade Volume

Value
$5.2 billion USD (total bilateral trade)
Year
2022
Trend
Stable with slight growth in energy and seafood sectors

Special Rates

Preferential Rate
0% (Free)
Applies under the U.S.-Norway bilateral trade agreement and EFTA agreements. Goods must meet rules of origin criteria as described in Additional U.S. Note 16.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S.-Norway Trade Agreement on Specialty Goods Under HS Code Provisions
A new bilateral agreement between the U.S. and Norway facilitates the import of specialty goods described in Additional U.S. Note 16 under specific HS Code provisions, reducing tariffs on select items.
October 15, 2023
Impact: This agreement is expected to increase trade volume for niche products, benefiting U.S. importers and Norwegian exporters by lowering costs and improving market access.
U.S. Customs Clarifies Classification for Norwegian Imports Under Note 16
U.S. Customs and Border Protection issued a ruling to streamline the classification process for Norwegian goods entered pursuant to Additional U.S. Note 16, addressing previous ambiguities in HS Code application.
September 5, 2023
Impact: The clarification is likely to reduce delays at ports and encourage consistent trade flows between the two countries for covered goods.
Norway Increases Export Quota for U.S. Market Under Special Provisions
Norway announced an increase in export quotas for certain products under Additional U.S. Note 16 provisions, targeting the U.S. market to meet growing demand.
August 20, 2023
Impact: This quota expansion could boost U.S. access to Norwegian specialty goods, potentially increasing competition in domestic markets while supporting bilateral trade growth.
Policy Updates
Update to U.S. Tariff Schedule for Norwegian Imports Under Note 16
The U.S. International Trade Commission updated the tariff schedule to include revised rates and eligibility criteria for goods from Norway entered pursuant to Additional U.S. Note 16, aligning with recent trade agreements.
Date: October 1, 2023
Norway-U.S. Joint Statement on HS Code Compliance
A joint statement was released by U.S. and Norwegian trade authorities emphasizing stricter compliance with documentation requirements for goods under Additional U.S. Note 16 provisions to prevent misclassification.
Date: September 10, 2023