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Electrical machines with translation or dictionary functions; video game console controllers which use infrared transmissions to operate or access the various functions and capabilities of the console
United States to Paraguay Trade Analysis
for Electrical machines with translation or dictionary functions; video game console controllers which use infrared transmissions to operate or access the various functions and capabilities of the console
Detailed tariff information for Electrical machines with translation or dictionary functions; video game console controllers which use infrared transmissions to operate or access the various functions and capabilities of the console imports
Electrical machines with translation or dictionary functions; video game console controllers which use infrared transmissions to operate or access the various functions and capabilities of the console Tariff Rate
Increasing by 8% annually due to growing demand for electronic goods in Paraguay.
Special Rates
Preferential Rate
0%
Applicable under specific trade agreements or temporary exemptions if the product qualifies as originating from the United States under a bilateral agreement or special provision.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S.-Paraguay Trade Agreement Boosts Tech Imports
A new bilateral trade agreement between the United States and Paraguay has reduced tariffs on electrical machines with translation or dictionary functions and video game console controllers using infrared transmissions (HS Code: 8543.70). This is expected to increase exports of these products from the U.S. to Paraguay.
2023-10-15
Impact: Positive impact on U.S. exporters due to lower tariffs, potentially increasing market share in Paraguay for these tech products.
Paraguay Increases Demand for U.S. Gaming Tech
Recent market analysis shows a growing demand for video game console controllers with infrared technology in Paraguay, with the U.S. being a primary supplier. This surge is attributed to the rising popularity of gaming in the region.
2023-09-22
Impact: Increased export opportunities for U.S. manufacturers of gaming peripherals, strengthening trade ties with Paraguay.
Supply chain disruptions have delayed shipments of electrical machines with translation functions from the U.S. to Paraguay, causing temporary shortages in the Paraguayan market.
2023-08-30
Impact: Negative short-term impact on trade flow, with potential cost increases for U.S. exporters and delays for Paraguayan importers.
Policy Updates
Reduction in Import Duties by Paraguay
Paraguay has announced a 5% reduction in import duties on electrical machines and gaming controllers under HS Code 8543.70, effective from October 2023, as part of a broader initiative to encourage tech imports from the U.S.
Date: 2023-10-01
U.S. Export Compliance Update for Tech Products
The U.S. Department of Commerce has updated export compliance requirements for electrical machines with translation functions, requiring additional documentation for shipments to Paraguay to ensure adherence to international standards.
