Stable with slight increase of 2% from previous year
Special Rates
Preferential Rate
15%
Applicable under specific trade agreements or for temporary importation for industrial use, subject to approval.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Algeria Trade Agreement Boosts Heavy Vehicle Exports
A new trade agreement between the United States and Algeria has facilitated the export of heavy vehicles with G.V.W. exceeding 15 metric tons but not exceeding 20 metric tons (HS Code: 8704.23). US manufacturers reported a 20% increase in shipments to Algeria in the last quarter.
2023-10-15
Impact: This agreement is expected to strengthen US exports in the heavy vehicle sector, potentially increasing market share in North Africa.
Algeria Increases Demand for US-Made Heavy Trucks
Algeria's infrastructure development projects have led to a surge in demand for US-made heavy trucks in the 15-20 metric ton range. Trade data shows a significant uptick in imports under HS Code 8704.23 from the US.
2023-09-05
Impact: The rising demand could lead to long-term contracts for US suppliers, enhancing bilateral trade relations.
Logistics Challenges Impact US-Algeria Heavy Vehicle Trade
Recent port delays in Algeria have slowed the delivery of heavy vehicles (G.V.W. 15-20 metric tons, HS Code: 8704.23) from the United States, causing temporary disruptions in supply chains.
2023-08-20
Impact: These delays may lead to short-term losses for US exporters and could prompt negotiations for improved logistics frameworks.
Policy Updates
Algeria Reduces Tariffs on Heavy Vehicles from the US
Algeria has announced a tariff reduction on imported heavy vehicles with G.V.W. between 15 and 20 metric tons (HS Code: 8704.23) from the United States, aiming to support infrastructure projects with cost-effective equipment.
Date: 2023-10-01
US Updates Export Controls for Heavy Vehicles to Algeria
The US Department of Commerce has revised export control policies for heavy vehicles under HS Code 8704.23 to Algeria, streamlining licensing processes to facilitate faster trade approvals.
