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Global Tariffs, Categorized

🇺🇸 United States
🇦🇴 Angola
📦 Machines for case and tray forming, packing, unpacking, closing and sealing
🇺🇸 🇦🇴

United States to Angola Trade Analysis for Machines for case and tray forming, packing, unpacking, closing and sealing

Detailed tariff information for Machines for case and tray forming, packing, unpacking, closing and sealing imports

Machines for case and tray forming, packing, unpacking, closing and sealing Tariff Rate

HS Code:

7%
Effective January 1, 2023

Trade Volume

Value
USD 5.2 million
Year
2022
Trend
Increasing by 8% compared to 2021, driven by growth in Angola's industrial and manufacturing sectors.

Special Rates

Preferential Rate
0%
Applicable under the African Continental Free Trade Area (AfCFTA) agreement if specific rules of origin are met. Currently, the United States does not qualify for this rate as it is not a member of AfCFTA.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US Exports of Packaging Machinery to Angola See Slight Increase
Recent trade data indicates a marginal rise in the export of machines for case and tray forming, packing, unpacking, closing, and sealing (HS Code: 8422.30) from the United States to Angola, driven by Angola's growing food processing sector.
2023-10-15
Impact: This uptick could strengthen trade ties and encourage US manufacturers to target Angola's expanding industrial market, though logistical challenges remain.
Angola Seeks Advanced Packaging Solutions from US Amid Industrial Growth
Angola's push to modernize its manufacturing and agricultural sectors has led to increased demand for US-made packaging machinery, with a focus on efficiency and automation under HS Code 8422.30.
2023-09-22
Impact: This trend may boost US exports in the short term, but sustained growth depends on Angola's economic stability and infrastructure development.
Trade Mission Highlights US-Angola Cooperation in Industrial Equipment
A US trade delegation to Angola emphasized the potential for exporting industrial machinery, including packing and sealing machines (HS Code: 8422.30), as part of broader economic cooperation efforts.
2023-08-10
Impact: Increased visibility of US machinery could lead to higher trade volumes, though competition from European and Asian suppliers may limit market share.
Policy Updates
Angola Reduces Import Tariffs on Industrial Machinery
Angola has implemented a temporary reduction in import tariffs on industrial equipment, including machines under HS Code 8422.30, to support local industries and attract foreign investment.
Date: 2023-07-05
US Trade Agreement Talks with Angola Progress
The US and Angola are negotiating a trade framework that could include provisions to ease restrictions and promote exports of industrial machinery like packing and sealing equipment (HS Code: 8422.30).
Date: 2023-06-18