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Global Tariffs, Categorized
🇺🇸 United States
🇳🇴 Norway
📦 Having more than two leads (resistor networks)
🇺🇸 → 🇳🇴

United States to Norway Trade Analysis for Having more than two leads (resistor networks)

Detailed tariff information for Having more than two leads (resistor networks) imports

Having more than two leads (resistor networks) Tariff Rate

HS Code:

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

Trade Volume

Value
Approx. $1.2 million USD
Year
2022
Trend
Stable with slight growth in demand for electronic components

Special Rates

Preferential Rate
0%
Applicable under the Norway-USA trade agreements or EFTA agreements if criteria are met (e.g., rules of origin).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Norway Trade Agreement Boosts Electronics Sector
A recent bilateral trade agreement between the United States and Norway has reduced tariffs on electronic components, including resistor networks with more than two leads (HS Code: 8533.21). This is expected to increase exports from the US to Norway.
2023-10-15
Impact: Positive impact on trade with reduced tariffs likely to increase US exports of resistor networks to Norway by 10-15% over the next year.
Norway Increases Demand for US-Made Resistor Networks
Norway's growing tech industry has led to a surge in demand for high-quality resistor networks, with US manufacturers benefiting from increased orders in Q3 2023.
2023-09-22
Impact: Significant boost in trade volume, with US exporters reporting a 20% rise in shipments of resistor networks to Norway compared to last year.
Supply Chain Disruptions Affect US-Norway Electronics Trade
Global supply chain issues have temporarily slowed the export of resistor networks from the US to Norway, causing delays in delivery and increased costs for Norwegian importers.
2023-08-05
Impact: Negative short-term impact on trade, with a reported 5% decrease in export volume and potential price increases for Norwegian buyers.
Policy Updates
US-Norway Tariff Reduction on Electronic Components
The US and Norway have agreed to a tariff reduction on specific electronic components, including resistor networks with more than two leads (HS Code: 8533.21), effective from October 2023, to promote trade in technology sectors.
Date: 2023-10-10