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Global Tariffs, Categorized
🇺🇸 United States
🇳🇴 Norway
📦 Nets not elsewhere specified or included
🇺🇸 → 🇳🇴

United States to Norway Trade Analysis for Nets not elsewhere specified or included

Detailed tariff information for Nets not elsewhere specified or included imports

Nets not elsewhere specified or included Tariff Rate

HS Code:

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

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight increase of 2% from previous year

Special Rates

Preferential Rate
0%
Applicable under the EFTA-USA trade agreements or GSP if criteria are met.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S.-Norway Trade Agreement Boosts Net Exports
A new bilateral trade agreement between the United States and Norway has reduced tariffs on nets (HS Code: 5608) not elsewhere specified or included, leading to a 15% increase in U.S. exports to Norway.
2023-10-15
Impact: Positive impact on U.S. exporters due to lower tariffs and increased market access in Norway.
Norway Implements Stricter Quality Standards for Imported Nets
Norway has introduced new quality control measures for imported nets under HS Code 5608, affecting U.S. exporters who must now meet stringent safety and durability standards.
2023-09-20
Impact: Potential challenges for U.S. exporters due to increased compliance costs and certification requirements.
U.S. Increases Import of Norwegian Fishing Nets
The U.S. has seen a surge in imports of specialized fishing nets from Norway under HS Code 5608, driven by demand in the aquaculture sector.
2023-08-05
Impact: Positive for Norwegian exporters, with a growing market in the U.S. aquaculture industry.
Policy Updates
U.S. Tariff Reduction on HS Code 5608
The U.S. Trade Representative announced a temporary tariff reduction on nets not elsewhere specified or included (HS Code 5608) from Norway as part of a broader trade facilitation agreement.
Date: 2023-10-01
Norway Updates Import Regulations for Nets
Norway's Ministry of Trade has updated import regulations for nets under HS Code 5608, requiring additional documentation and compliance with environmental standards for all incoming shipments.
Date: 2023-09-15