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Global Tariffs, Categorized

🇺🇸 United States
🇦🇴 Angola
📦 Control valves designed for proportional operation by a signal from a control device
🇺🇸 🇦🇴

United States to Angola Trade Analysis for Control valves designed for proportional operation by a signal from a control device

Detailed tariff information for Control valves designed for proportional operation by a signal from a control device imports

Control valves designed for proportional operation by a signal from a control device 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 due to growth in Angola's oil and gas sector.

Special Rates

Preferential Rate
0%
Applicable under the African Continental Free Trade Area (AfCFTA) agreement if sourced through qualifying member states with proper documentation.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US Increases Exports of Control Valves to Angola Amid Energy Sector Growth
Recent data shows a surge in US exports of control valves (HS Code: 8481.80) to Angola, driven by demand in the oil and gas sector as Angola ramps up offshore production.
2023-10-15
Impact: This increase strengthens US-Angola trade ties, potentially boosting US manufacturers' market share in Angola's energy infrastructure projects.
Angolan Government Prioritizes Local Content in Valve Procurement
Angola's new local content policy encourages partnerships with local firms for the supply of industrial equipment, including control valves, impacting US exporters.
2023-09-22
Impact: US companies may face challenges in direct exports but could benefit from joint ventures or local partnerships in Angola.
US-Angola Trade Forum Highlights Control Valve Opportunities
A recent US-Angola trade forum discussed opportunities for US firms to supply control valves for Angola’s expanding industrial and energy sectors.
2023-08-10
Impact: The forum could lead to increased trade agreements, facilitating smoother export processes for US control valve manufacturers.
Policy Updates
Angola Implements New Import Tariffs on Industrial Valves
Angola has introduced a revised tariff structure on imported industrial valves, including control valves under HS Code 8481.80, increasing duties by 5% to support local manufacturing.
Date: 2023-11-01
US Trade Agreement Review with Angola
The US is reviewing trade agreements with Angola under the African Growth and Opportunity Act (AGOA), potentially affecting duty-free access for control valves and related equipment.
Date: 2023-10-05