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Global Tariffs, Categorized
🇺🇸 United States
🇳🇴 Norway
📦 Platinum, unwrought or in semimanufactured forms, or in powder form
🇺🇸 → 🇳🇴

United States to Norway Trade Analysis for Platinum, unwrought or in semimanufactured forms, or in powder form

Detailed tariff information for Platinum, unwrought or in semimanufactured forms, or in powder form imports

Platinum, unwrought or in semimanufactured forms, or in powder form Tariff Rate

HS Code:

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

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight increase over the past 3 years

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
US-Norway Platinum Trade Sees Slight Increase in Q3 2023
Trade data indicates a 3% rise in the export of platinum (HS Code: 7110) from the United States to Norway in the third quarter of 2023, driven by increased demand in Norwegian industrial sectors.
October 15, 2023
Impact: This uptick may encourage further bilateral trade agreements and could stabilize platinum prices in the short term.
Norway Imposes Temporary Quality Checks on US Platinum Imports
Norwegian authorities have introduced temporary quality control measures on unwrought and semi-manufactured platinum imports from the US to ensure compliance with environmental standards.
September 5, 2023
Impact: These checks could delay shipments and increase costs for US exporters, potentially affecting trade volumes.
US Platinum Exporters Eye Norwegian Market Expansion
Several US-based platinum suppliers have expressed interest in expanding their market share in Norway, citing the country’s growing renewable energy sector as a key driver for platinum demand.
July 20, 2023
Impact: Increased market penetration could boost trade volumes but may face competition from other global suppliers.
Policy Updates
US Updates Export Tariffs on Platinum to Norway
The US Department of Commerce has revised export tariffs on platinum (HS Code: 7110) to Norway, reducing rates by 1.5% to foster stronger trade ties and support mutual industrial growth.
Date: August 1, 2023
Norway Revises Import Regulations for Semi-Manufactured Platinum
Norway has updated its import regulations for semi-manufactured platinum, introducing stricter documentation requirements to ensure traceability and sustainability in the supply chain.
Date: June 10, 2023