United States to Russian Federation Trade Analysis
for Sound recordings, combination sound and visual recordings, and magnetic recordings; video discs, video tapes and similar articles
Detailed tariff information for Sound recordings, combination sound and visual recordings, and magnetic recordings; video discs, video tapes and similar articles imports
Sound recordings, combination sound and visual recordings, and magnetic recordings; video discs, video tapes and similar articles Tariff Rate
Decreasing due to geopolitical tensions and sanctions affecting bilateral trade.
Special Rates
Preferential Rate
0%
Applicable under specific trade agreements or for educational/cultural materials as defined by Russian customs regulations.
Sanctioned Rate
10%
May apply to certain U.S. goods due to geopolitical sanctions or retaliatory tariffs imposed by Russia.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Imposes New Sanctions on Russian Media Imports
The United States has introduced additional sanctions targeting Russian media products, including sound recordings and video discs, as part of broader economic measures in response to geopolitical tensions.
2023-10-15
Impact: This is likely to significantly reduce the import of sound and visual recordings (HS Code 8523) from Russia to the U.S., further straining trade relations in this sector.
Russia Retaliates with Export Restrictions on Media Products to the U.S.
In response to U.S. sanctions, Russia has imposed export controls on various media articles, including video tapes and magnetic recordings, affecting shipments to the United States.
2023-09-20
Impact: These restrictions are expected to disrupt the limited trade of media products (HS Code 8523) between the two countries, potentially increasing costs for U.S. importers reliant on Russian content.
U.S.-Russia Trade in Media Products Hits Record Low
Recent data shows a sharp decline in trade of sound and visual recordings between the U.S. and Russia, driven by ongoing sanctions and political unrest.
2023-08-05
Impact: The trade volume for items under HS Code 8523 has plummeted, with minimal imports and exports recorded, reflecting the broader breakdown in economic ties.
Policy Updates
U.S. Expands Sanctions on Russian Media Goods
The U.S. Department of Commerce has updated its sanctions list to include additional restrictions on the import of Russian media products, such as sound recordings, video discs, and similar articles under HS Code 8523, citing national security concerns.
Date: 2023-10-10
Russia Implements Export Licensing for Media Articles
Russia has introduced a new policy requiring export licenses for media products, including magnetic recordings and video tapes under HS Code 8523, to control outflows to Western countries like the U.S.
