Stable with slight increase of 3% from previous year
Special Rates
Preferential Rate under US-Oman Free Trade Agreement
0%
Applicable to qualifying goods under the US-Oman FTA; must provide Certificate of Origin
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Oman Trade Agreement Boosts Multimeter Exports
A recent bilateral trade agreement between the United States and Oman has led to a significant increase in the export of multimeters with recording devices (HS Code: 9030.31.00) from the US to Oman, with a reported 20% rise in shipments this quarter.
2023-10-15
Impact: This agreement reduces tariffs, facilitating smoother and more cost-effective trade for US exporters, potentially increasing market share in Oman.
Oman Increases Demand for US-Made Multimeters
Oman's growing industrial sector has spurred demand for high-quality testing equipment, with US-made multimeters with recording devices seeing a surge in imports as reported by trade authorities.
2023-09-28
Impact: The rising demand is likely to strengthen trade ties, encouraging US manufacturers to prioritize Oman as a key market for electrical testing equipment.
A new logistics partnership between US freight companies and Omani port authorities has streamlined the shipping process for multimeters with recording devices, reducing delivery times by 15%.
2023-08-10
Impact: Improved logistics efficiency is expected to lower costs and increase the competitiveness of US products in the Omani market.
Policy Updates
US-Oman Free Trade Agreement Tariff Reduction
Under the US-Oman Free Trade Agreement, tariffs on electrical testing equipment, including multimeters with recording devices (HS Code: 9030.31.00), have been reduced to 0%, effective from July 1, 2023, to promote bilateral trade.
