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Global Tariffs, Categorized
🇺🇸 United States
🇸🇪 Sweden
📦 Graphics processing units (GPUs)
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United States to Sweden Trade Analysis for Graphics processing units (GPUs)

Detailed tariff information for Graphics processing units (GPUs) imports

Graphics processing units (GPUs) Tariff Rate

HS Code:

0%
Effective 2023-01-01
View general trade relationship between United States and Sweden

Trade Volume

Value
Approximately $150 million USD
Year
2022
Trend
Increasing due to growing demand for GPUs in gaming and AI applications.

Special Rates

Preferential Rate
0%
Applicable under the EU-US Trade and Technology Council agreements or GSP if conditions are met.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US Increases GPU Exports to Sweden Amid Tech Boom
The United States has seen a 20% surge in GPU exports to Sweden in Q3 2023, driven by Sweden's growing demand for high-performance computing in AI and gaming industries.
2023-10-15
Impact: This increase strengthens US-Sweden trade ties and boosts US tech exports, potentially leading to further collaborations in tech sectors.
Sweden's Tech Firms Partner with US GPU Manufacturers
Several Swedish technology companies have entered into long-term contracts with US-based GPU manufacturers to secure a steady supply for data centers and research facilities.
2023-09-28
Impact: These partnerships are expected to stabilize GPU trade flows and ensure consistent supply chains between the two countries.
Trade Talks Highlight GPU Supply Chain Concerns
During recent US-Sweden trade discussions, both nations addressed potential disruptions in GPU supply chains due to global semiconductor shortages.
2023-08-10
Impact: The focus on supply chain resilience may lead to strategic stockpiling or alternative sourcing, impacting trade volumes temporarily.
Policy Updates
US Updates Export Controls on High-Tech Goods
The US Department of Commerce has revised export control regulations for high-tech products, including GPUs, to ensure national security. While Sweden is not directly targeted, additional documentation may be required for shipments.
Date: 2023-09-15
Sweden Implements New Import Tariffs on Electronics
Sweden has introduced a minor tariff adjustment on imported electronic components, including GPUs, to support domestic tech manufacturing. The impact on US exports is expected to be minimal.
Date: 2023-08-01