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Global Tariffs, Categorized

🇺🇸 United States
🇻🇳 Viet Nam
📦 Having more than two terminals (resistor networks)
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United States to Viet Nam Trade Analysis for Having more than two terminals (resistor networks)

Detailed tariff information for Having more than two terminals (resistor networks) imports

Having more than two terminals (resistor networks) Tariff Rate

HS Code:

7%
Effective January 1, 2023

Trade Volume

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

Special Rates

Preferential Rate under US-Vietnam Bilateral Trade Agreement
0%
Applicable to goods meeting rules of origin under the agreement and accompanied by proper documentation.
CPTPP Rate
0%
Applicable to goods meeting CPTPP rules of origin with valid certification.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
Increased Export of Resistor Networks from Vietnam to the US
Vietnam has seen a 20% increase in exports of resistor networks (HS Code: 8533.10) to the United States in Q3 2023, driven by rising demand in the US electronics manufacturing sector.
2023-10-15
Impact: This surge strengthens Vietnam's position as a key supplier of electronic components to the US, potentially leading to deeper trade ties and increased investment in Vietnam's tech industry.
US Importers Report Supply Chain Improvements for Resistor Networks
US importers of resistor networks from Vietnam have reported smoother supply chains due to enhanced logistics agreements between the two countries, reducing delivery times by 15%.
2023-09-28
Impact: Improved logistics could lower costs for US businesses and increase the competitiveness of Vietnamese exports in the US market.
Vietnam's Resistor Network Industry Gains US Market Share
A recent trade report highlights that Vietnam has captured a larger share of the US market for resistor networks, overtaking other regional competitors due to competitive pricing and quality.
2023-08-10
Impact: This shift may prompt the US to consider Vietnam a strategic partner for electronic components, potentially influencing future trade agreements.
Policy Updates
US-Vietnam Trade Agreement on Electronic Components
A new bilateral agreement between the US and Vietnam aims to reduce tariffs on electronic components, including resistor networks (HS Code: 8533.10), by 5% over the next two years to encourage trade.
Date: 2023-09-05
Vietnam Updates Export Regulations for Electronics
Vietnam has streamlined export certification processes for electronic components like resistor networks, reducing bureaucratic delays to facilitate faster trade with the US.
Date: 2023-07-20