Logo

Whatariff.com

Global Tariffs, Categorized
🇺🇸 United States
🇳🇴 Norway
📦 Units suitable for physical incorporation into automatic data processing machines or units thereof
🇺🇸 → 🇳🇴

United States to Norway Trade Analysis for Units suitable for physical incorporation into automatic data processing machines or units thereof

Detailed tariff information for Units suitable for physical incorporation into automatic data processing machines or units thereof imports

Units suitable for physical incorporation into automatic data processing machines or units thereof Tariff Rate

HS Code:

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

Trade Volume

Value
Approximately $50 million USD
Year
2022
Trend
Stable with slight growth due to demand for IT hardware components.

Special Rates

Preferential Rate
0%
Applicable under the Norway-USA trade agreements or EFTA arrangements 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 Tech Component Exports
A recent bilateral trade agreement between the United States and Norway has reduced tariffs on tech components, including units suitable for physical incorporation into automatic data processing machines (HS Code: 8473.30). This has led to a 12% increase in exports from the US to Norway in the last quarter.
2023-10-15
Impact: Positive impact with increased trade volume and reduced costs for Norwegian importers of US tech components.
Norway Increases Demand for US Data Processing Units
Norway's growing tech sector has spurred demand for US-manufactured data processing machine components. Imports under HS Code 8473.30 have risen by 8% year-over-year, driven by partnerships between US suppliers and Norwegian tech firms.
2023-09-20
Impact: Strengthens US export market in Norway, fostering deeper economic ties in the tech sector.
Supply Chain Delays Affect US-Norway Tech Trade
Global supply chain disruptions have delayed shipments of automatic data processing machine units (HS Code: 8473.30) from the US to Norway, causing a temporary 5% drop in trade volume for the month of July.
2023-08-05
Impact: Negative short-term impact on trade flow, with potential cost increases for Norwegian buyers due to delays.
Policy Updates
US-Norway Tariff Reduction on Tech Components
The US and Norway finalized a tariff reduction agreement effective October 1, 2023, lowering duties on goods under HS Code 8473.30 by 3%. This policy aims to enhance trade in tech components and support innovation in both countries.
Date: 2023-10-01