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Global Tariffs, Categorized

🇺🇸 United States
🇳🇴 Norway
📦 Pacific salmon (Oncorhynchus nerka, Oncorhynchus gorbuscha, Oncorhynchus keta, Oncorhynchus tschawytscha, Oncorhynchus kisutch, Oncorhynchus masou and Oncorhynchus rhodurus),Atlantic salmon (Salmo salar) and Danube salmon (Hucho hucho)
🇺🇸 🇳🇴

United States to Norway Trade Analysis for Pacific salmon (Oncorhynchus nerka, Oncorhynchus gorbuscha, Oncorhynchus keta, Oncorhynchus tschawytscha, Oncorhynchus kisutch, Oncorhynchus masou and Oncorhynchus rhodurus),Atlantic salmon (Salmo salar) and Danube salmon (Hucho hucho)

Detailed tariff information for Pacific salmon (Oncorhynchus nerka, Oncorhynchus gorbuscha, Oncorhynchus keta, Oncorhynchus tschawytscha, Oncorhynchus kisutch, Oncorhynchus masou and Oncorhynchus rhodurus),Atlantic salmon (Salmo salar) and Danube salmon (Hucho hucho) imports

Pacific salmon (Oncorhynchus nerka, Oncorhynchus gorbuscha, Oncorhynchus keta, Oncorhynchus tschawytscha, Oncorhynchus kisutch, Oncorhynchus masou and Oncorhynchus rhodurus),Atlantic salmon (Salmo salar) and Danube salmon (Hucho hucho) Tariff Rate

HS Code:

2% ad valorem
Effective January 1, 2023

Trade Volume

Value
USD 15 million
Year
2022
Trend
Stable, with slight annual fluctuations due to seasonal supply and demand.

Special Rates

Preferential Rate under US-Norway Trade Agreements
0% ad valorem
Applicable under the Norway-United States bilateral trade agreements or EFTA-US arrangements, subject to quota limits and documentation (certificate of origin).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Norway Salmon Trade Agreement Boosts Atlantic Salmon Exports
A new bilateral trade agreement between the US and Norway has reduced tariffs on Atlantic salmon (Salmo salar), leading to a 20% increase in exports from Norway to the US in the last quarter. This primarily affects HS Code 0302 (fresh or chilled salmon) and HS Code 0304 (salmon fillets).
October 15, 2023
Impact: Positive impact on trade volume, with Norway increasing market share in the US for Atlantic salmon, potentially affecting domestic US Pacific salmon producers.
US Imposes Temporary Quota on Norwegian Salmon Imports
Due to concerns over market saturation, the US has introduced a temporary quota on Norwegian Atlantic salmon imports under HS Code 0302 and 0304, limiting the volume to protect domestic Pacific salmon (Oncorhynchus spp.) producers.
August 22, 2023
Impact: Negative short-term impact on Norwegian exporters, with potential price increases for Atlantic salmon in the US market and a possible shift to domestic Pacific salmon supply.
Norway and US Collaborate on Sustainable Salmon Aquaculture Standards
Both nations have agreed to align sustainability and certification standards for farmed Atlantic salmon (Salmo salar), impacting trade under HS Code 0303 (frozen salmon) and fostering consumer trust in imported products.
June 10, 2023
Impact: Long-term positive impact on trade by enhancing product credibility, though compliance costs may initially burden smaller Norwegian exporters.
Policy Updates
US Tariff Reduction on Norwegian Salmon
The US Department of Commerce announced a reduction in tariffs on Norwegian Atlantic salmon (HS Code 0302 and 0304) from 5% to 2% as part of a broader trade agreement, aiming to strengthen economic ties and meet rising US demand.
Date: October 1, 2023
Norway Updates Export Regulations for Salmon
Norway introduced stricter export controls and quality checks for Atlantic salmon (HS Code 0302, 0303, 0304) to ensure compliance with international food safety standards, potentially slowing shipment processes to the US.
Date: July 15, 2023