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Global Tariffs, Categorized

🇺🇸 United States
🇸🇦 Saudi Arabia
📦 Electronic calculators capable of operation without an external source of electric power and pocket-size data recording, reproducing and displaying machines with calculating functions
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United States to Saudi Arabia Trade Analysis for Electronic calculators capable of operation without an external source of electric power and pocket-size data recording, reproducing and displaying machines with calculating functions

Detailed tariff information for Electronic calculators capable of operation without an external source of electric power and pocket-size data recording, reproducing and displaying machines with calculating functions imports

Electronic calculators capable of operation without an external source of electric power and pocket-size data recording, reproducing and displaying machines with calculating functions Tariff Rate

HS Code:

5%
Effective January 1, 2023

Trade Volume

Value
USD 12.5 million
Year
2022
Trend
Increasing by 8% compared to 2021

Special Rates

GCC Preferential Rate
0%
Applicable to goods originating from GCC member states with proper documentation (Certificate of Origin).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S. Increases Exports of Electronic Calculators to Saudi Arabia
Recent trade data shows a significant rise in U.S. exports of electronic calculators and pocket-size data recording devices (HS Code: 8470.10) to Saudi Arabia, driven by demand in educational and business sectors.
2023-10-15
Impact: This surge is expected to strengthen bilateral trade ties, with a potential increase in U.S. export revenue by 15% in this category.
Saudi Arabia Seeks Tech Partnerships for Calculator Imports
Saudi Arabia has initiated discussions with U.S. tech firms to secure long-term supply contracts for electronic calculators and data recording devices to support its Vision 2030 digital transformation goals.
2023-09-22
Impact: Such partnerships could lead to a more stable and increased flow of these goods from the U.S., potentially boosting trade volume by 10-20% over the next few years.
Trade Fair in Riyadh Showcases U.S. Calculator Technology
A major trade fair in Riyadh highlighted U.S.-made electronic calculators and data recording devices, attracting interest from Saudi distributors and retailers looking to expand their product offerings.
2023-08-05
Impact: Increased visibility at the trade fair is likely to result in higher demand for U.S. products, potentially increasing export contracts in the short term.
Policy Updates
U.S. Revises Export Controls on Tech Devices
The U.S. Department of Commerce has updated export control regulations for certain electronic devices, including calculators and data recording machines under HS Code 8470.10, easing restrictions for shipments to Saudi Arabia to encourage trade.
Date: 2023-09-10
Saudi Arabia Reduces Import Tariffs on Electronic Devices
As part of its economic diversification strategy, Saudi Arabia has lowered import tariffs on electronic calculators and pocket-size data recording devices by 5%, aiming to make these products more accessible in the local market.
Date: 2023-07-18