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Of a kind used solely or principally for the manufacture of printed circuits, printed circuit assemblies, parts of heading 8517 or parts of automatic data processing units
United States to Oman Trade Analysis
for Of a kind used solely or principally for the manufacture of printed circuits, printed circuit assemblies, parts of heading 8517 or parts of automatic data processing units
Detailed tariff information for Of a kind used solely or principally for the manufacture of printed circuits, printed circuit assemblies, parts of heading 8517 or parts of automatic data processing units imports
Of a kind used solely or principally for the manufacture of printed circuits, printed circuit assemblies, parts of heading 8517 or parts of automatic data processing units Tariff Rate
A recent bilateral trade agreement between the US and Oman has reduced tariffs on electronic components, including those used for printed circuits and assemblies under HS Code 8542. This is expected to increase exports from the US to Oman.
2023-10-15
Impact: Positive impact on US exporters of printed circuit components, with lower tariffs potentially increasing trade volume by 10-15% over the next year.
Oman Increases Demand for US-Made Printed Circuit Assemblies
Oman’s growing tech industry has led to a surge in demand for US-manufactured printed circuit assemblies (HS Code 8542), with imports rising by 8% in the last quarter.
2023-09-20
Impact: Increased demand may strain US supply chains but offers growth opportunities for manufacturers specializing in printed circuit assemblies.
A new logistics partnership between US and Omani freight companies aims to streamline the transport of high-tech components, including parts for automatic data processing units (HS Code 8473), reducing delivery times by 20%.
2023-08-05
Impact: Improved logistics could lower costs and boost trade efficiency, benefiting both US exporters and Omani importers of tech components.
Policy Updates
US-Oman Free Trade Agreement Tariff Reduction
Under the US-Oman Free Trade Agreement, tariffs on goods classified under HS Code 8542 (printed circuits and assemblies) and HS Code 8473 (parts of automatic data processing units) have been reduced to 0% as of October 1, 2023, to encourage bilateral trade in technology sectors.
