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Global Tariffs, Categorized
🇺🇸 United States
🇴🇲 Oman
📦 Electromagnets of a kind used solely or principally for magnetic resonance imaging apparatus, other than apparatus of heading 9018
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United States to Oman Trade Analysis for Electromagnets of a kind used solely or principally for magnetic resonance imaging apparatus, other than apparatus of heading 9018

Detailed tariff information for Electromagnets of a kind used solely or principally for magnetic resonance imaging apparatus, other than apparatus of heading 9018 imports

Electromagnets of a kind used solely or principally for magnetic resonance imaging apparatus, other than apparatus of heading 9018 Tariff Rate

HS Code:

5%
Effective 01-Jan-2021
View general trade relationship between United States and Oman

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight growth due to increased demand for medical equipment in Oman.

Special Rates

Preferential Rate
0%
Applicable under the US-Oman Free Trade Agreement (FTA) for qualifying goods with proper documentation (Certificate of Origin).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Oman Trade Agreement Boosts Electromagnet Exports for MRI Apparatus
A recent bilateral trade agreement between the United States and Oman has reduced tariffs on specialized electromagnets used in MRI apparatus (HS Code: 8505.90), facilitating an increase in US exports to Oman.
2023-10-15
Impact: This agreement is expected to increase US exports of MRI electromagnets to Oman by 15% over the next year, strengthening trade ties in the medical technology sector.
Oman Increases Demand for US-Made MRI Electromagnets
Oman's healthcare sector expansion has led to a surge in demand for high-quality MRI electromagnets, with US manufacturers reporting a 20% rise in orders since the beginning of the year.
2023-09-22
Impact: The growing demand is likely to enhance US-Oman trade relations, with potential for long-term contracts and increased market share for US companies in the region.
Logistics Improvements Enhance US-Oman MRI Electromagnet Trade
New shipping routes and logistics agreements between the US and Oman have reduced delivery times for specialized electromagnets used in MRI apparatus, boosting trade efficiency.
2023-08-30
Impact: Reduced shipping times and costs are expected to encourage more frequent and larger trade volumes, benefiting both US exporters and Omani importers.
Policy Updates
US-Oman Free Trade Agreement Tariff Reduction on HS 8505.90
Under the US-Oman Free Trade Agreement, tariffs on electromagnets used for MRI apparatus (HS Code: 8505.90) have been reduced to 0%, effective immediately, to promote trade in medical technology components.
Date: 2023-10-01