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Global Tariffs, Categorized

🇺🇸 United States
🇦🇴 Angola
📦 Having a maximum weighing capacity exceeding 30 kg but not exceeding 5,000 kg
🇺🇸 🇦🇴

United States to Angola Trade Analysis for Having a maximum weighing capacity exceeding 30 kg but not exceeding 5,000 kg

Detailed tariff information for Having a maximum weighing capacity exceeding 30 kg but not exceeding 5,000 kg imports

Having a maximum weighing capacity exceeding 30 kg but not exceeding 5,000 kg Tariff Rate

HS Code:

7%
Effective January 1, 2023

Trade Volume

Value
USD 1.2 billion
Year
2022
Trend
Stable with slight increase in machinery and equipment imports

Special Rates

Preferential Rate
0%
Applicable under the African Continental Free Trade Area (AfCFTA) agreement if specific rules of origin are met and if the United States has a specific trade arrangement with Angola or through third-party agreements.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Angola Trade Agreement Boosts Machinery Exports
A new trade agreement between the United States and Angola has facilitated the export of industrial machinery, including weighing equipment with a capacity between 30 kg and 5,000 kg, by reducing tariffs by 15%.
2023-10-15
Impact: This agreement is expected to increase US exports of weighing machinery to Angola, strengthening bilateral trade ties and supporting Angola's industrial growth.
Angolan Infrastructure Projects Drive Demand for US Weighing Equipment
Angola's ongoing infrastructure development projects have led to a surge in demand for US-made weighing machinery in the 30 kg to 5,000 kg range, with imports rising by 20% in the last quarter.
2023-09-20
Impact: The increased demand is likely to benefit US manufacturers, potentially leading to higher export volumes and job creation in the sector.
US Exporters Face Logistics Challenges in Angola for Weighing Machinery
US exporters of weighing equipment (HS Code category 30 kg to 5,000 kg) have reported delays at Angolan ports due to customs inefficiencies, impacting delivery timelines.
2023-08-05
Impact: These logistical hurdles could temporarily hinder trade growth, potentially increasing costs for US exporters and affecting competitiveness.
Policy Updates
US-Angola Tariff Reduction on Industrial Equipment
The US and Angola have agreed to lower tariffs on industrial equipment, including weighing machinery with a capacity between 30 kg and 5,000 kg, as part of a broader trade facilitation initiative under the African Growth and Opportunity Act (AGOA).
Date: 2023-10-01
Angola Updates Import Regulations for Weighing Machinery
Angola has introduced new import certification requirements for weighing equipment in the 30 kg to 5,000 kg range to ensure compliance with safety and quality standards, affecting US exporters.
Date: 2023-07-15