Applicable under the Pacific Island Countries Trade Agreement (PICTA) if conditions for regional value content are met.
Additional Information
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Last updated: 1 year ago
News and Updates
Recent News
US-Samoa Trade Agreement Boosts EEPROM Exports
A recent trade agreement between the United States and Samoa has facilitated an increase in EEPROM (HS Code: 8542.32) exports from the US to Samoa, focusing on tech component supply for small-scale manufacturing.
2023-10-15
Impact: This agreement is expected to increase US EEPROM exports to Samoa by 15% annually, strengthening bilateral trade in electronic components.
Samoa Imposes Temporary Import Restrictions on Electronic Components
Samoa introduced temporary import restrictions on certain electronic components, including EEPROM, to protect domestic industries, affecting US exporters.
2023-09-01
Impact: US exporters of EEPROM may face a 10% decline in shipments to Samoa until the restrictions are reviewed in Q1 2024.
US Tech Firms Explore Samoa as EEPROM Market
Several US-based technology firms have identified Samoa as an emerging market for EEPROM components, driven by demand in local educational and tech sectors.
2023-07-20
Impact: This trend could lead to a 5-8% growth in US EEPROM exports to Samoa over the next two years, pending infrastructure development.
Policy Updates
US-Samoa Bilateral Trade Framework Update
The US and Samoa updated their bilateral trade framework to include reduced tariffs on electronic components like EEPROM (HS Code: 8542.32), aiming to foster technology exchange and support Samoa's digital economy.
Date: 2023-10-10
Samoa’s New Import Tariff Adjustment
Samoa adjusted import tariffs on electronic goods, including EEPROM, increasing duties by 3% to fund local tech initiatives, which may affect US exporters' competitiveness.
