A recent bilateral trade agreement between the United States and Samoa has facilitated an increase in the export of electrical components, including those designed for a voltage of 12 V to 14 V, from the US to Samoa.
2023-10-15
Impact: This agreement is expected to enhance market access for US manufacturers, potentially increasing export volumes by 15% over the next year.
Samoa Imposes New Quality Standards on Imported Electrical Goods
Samoa has introduced stricter quality control measures for imported electrical components, including those under HS Code for 12 V to 14 V products, affecting US exporters.
2023-09-22
Impact: US exporters may face delays and additional compliance costs, potentially reducing short-term trade volume until standards are met.
US Increases Support for Samoa’s Renewable Energy Projects
The US has pledged support for Samoa’s renewable energy initiatives, leading to a surge in demand for low-voltage electrical components (12 V to 14 V) for solar installations.
2023-08-30
Impact: This development is likely to boost US exports of specialized electrical components to Samoa by creating new market opportunities.
Policy Updates
US-Samoa Tariff Reduction on Electrical Components
A new policy under the US-Samoa trade framework reduces tariffs by 5% on electrical components, including those designed for 12 V to 14 V, to encourage trade and support Samoa’s infrastructure development.
Date: 2023-10-01
Samoa Updates Import Certification Requirements
Samoa has updated its import certification process for electrical goods under specific HS Codes, requiring additional documentation for products like those with voltages of 12 V to 14 V to ensure safety and compliance.
