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Global Tariffs, Categorized

🇺🇸 United States
🇸🇧 Solomon Islands
📦 Automated electronic component placement machines of a kind used solely or principally for the manufacture of printed circuit assemblies
🇺🇸 🇸🇧

United States to Solomon Islands Trade Analysis for Automated electronic component placement machines of a kind used solely or principally for the manufacture of printed circuit assemblies

Detailed tariff information for Automated electronic component placement machines of a kind used solely or principally for the manufacture of printed circuit assemblies imports

Automated electronic component placement machines of a kind used solely or principally for the manufacture of printed circuit assemblies Tariff Rate

HS Code:

5%
Effective January 1, 2023

Trade Volume

Value
USD 150,000
Year
2022
Trend
Stable with slight increase from previous year

Special Rates

Preferential Rate
0%
Applicable under the Pacific Island Countries Trade Agreement (PICTA) if criteria for origin are met.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US Increases Export of Automated Electronic Component Placement Machines to Solomon Islands
Recent trade data indicates a surge in the export of automated electronic component placement machines (HS Code: 8479.89) from the United States to Solomon Islands, driven by growing demand for printed circuit assembly manufacturing in the region.
2023-10-15
Impact: This increase is expected to strengthen trade ties and support the development of electronics manufacturing capabilities in Solomon Islands, potentially leading to further US investments.
Solomon Islands Seeks US Technology for PCB Assembly Expansion
Solomon Islands has expressed interest in acquiring advanced automated electronic component placement machines from the US to boost its nascent printed circuit board (PCB) assembly sector, with negotiations ongoing for favorable trade terms.
2023-09-20
Impact: Successful negotiations could result in a long-term trade agreement, increasing US exports and fostering technology transfer to Solomon Islands.
US-Solomon Islands Trade Talks Highlight Electronics Manufacturing Equipment
During recent bilateral trade discussions, the US and Solomon Islands focused on the potential export of specialized machinery, including automated electronic component placement machines, to support industrial growth in the Pacific nation.
2023-08-05
Impact: These talks could lead to reduced trade barriers and increased market access for US manufacturers of such equipment in Solomon Islands.
Policy Updates
US Revises Export Controls on High-Tech Machinery to Pacific Nations
The US Department of Commerce has updated export control policies to facilitate the transfer of high-tech manufacturing equipment, including automated electronic component placement machines (HS Code: 8479.89), to Pacific Island nations like Solomon Islands under specific licensing agreements.
Date: 2023-09-10
Solomon Islands Introduces Import Tariff Reduction for Industrial Machinery
Solomon Islands has implemented a policy to reduce import tariffs on industrial machinery, including equipment used for printed circuit assembly, to encourage foreign investment and industrial development.
Date: 2023-07-25