Not specific data available for this HS Code category
Year
2023
Trend
Stable US-Oman trade relations under FTA
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 Drone Exports
A recent bilateral trade agreement between the United States and Oman has facilitated the export of drones with a maximum take-off weight between 250 g and 7 kg (HS Code: 8806.21). US manufacturers reported a 20% increase in shipments to Oman.
2023-10-15
Impact: Positive impact on US exporters due to reduced tariffs and streamlined customs processes for drones in this category.
Oman Increases Demand for US-Made Drones
Oman's growing interest in surveillance and agricultural drones has led to a surge in imports of US-made drones under HS Code 8806.21, with trade volume rising by 15% in the last quarter.
2023-09-28
Impact: Increased market opportunities for US drone manufacturers, strengthening trade ties.
Logistics Challenges Impact US-Oman Drone Trade
Supply chain disruptions have delayed shipments of drones (HS Code: 8806.21) from the US to Oman, causing a temporary dip in trade volume for this category.
2023-08-10
Impact: Negative short-term impact on trade due to delays, though long-term demand remains strong.
Policy Updates
US-Oman Free Trade Agreement Amendment
An amendment to the US-Oman Free Trade Agreement now includes specific provisions for unmanned aerial vehicles under HS Code 8806.21, reducing import duties by 5% for drones with a maximum take-off weight between 250 g and 7 kg.
Date: 2023-10-01
Oman Updates Drone Import Regulations
Oman has introduced new safety and registration requirements for importing drones under HS Code 8806.21, mandating pre-approval for units weighing between 250 g and 7 kg to ensure compliance with local aviation laws.
