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Global Tariffs, Categorized

🇺🇸 United States
🇦🇴 Angola
📦 Pressure pipe with an inside diameter of less than 356 mm
🇺🇸 🇦🇴

United States to Angola Trade Analysis for Pressure pipe with an inside diameter of less than 356 mm

Detailed tariff information for Pressure pipe with an inside diameter of less than 356 mm imports

Pressure pipe with an inside diameter of less than 356 mm Tariff Rate

HS Code:

20%
Effective January 1, 2023

Trade Volume

Value
USD 5.2 million
Year
2022
Trend
Increasing by 8% compared to 2021 due to infrastructure projects in Angola

Special Rates

Preferential Rate
10%
Applicable under the African Continental Free Trade Area (AfCFTA) agreement if specific rules of origin are met. Note: The United States is not a member of AfCFTA, so this rate does not apply directly but may be relevant for regional re-export.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S. Increases Imports of Pressure Pipe from Angola
Recent trade data indicates a 20% increase in imports of pressure pipe with an inside diameter of less than 356 mm (HS Code: 7304.31) from Angola to the United States in Q3 2023, driven by demand in the oil and gas sector.
2023-10-15
Impact: This surge strengthens trade ties between the U.S. and Angola, potentially increasing Angola's export revenue while meeting U.S. industrial needs.
Angolan Pressure Pipe Manufacturers Eye U.S. Market Expansion
Angolan manufacturers of pressure pipe under HS Code 7304.31 are negotiating contracts with U.S. firms to supply materials for infrastructure projects, focusing on competitive pricing.
2023-09-05
Impact: Successful deals could lead to a steady rise in exports to the U.S., boosting Angola's manufacturing sector and diversifying its trade portfolio.
U.S.-Angola Trade Talks Highlight Pressure Pipe Sector
During a bilateral trade discussion, both nations emphasized the potential for growth in the pressure pipe trade (HS Code: 7304.31), with Angola seeking to meet U.S. quality standards.
2023-08-20
Impact: Improved compliance with U.S. standards could open up larger market access for Angolan exporters, fostering long-term trade growth.
Policy Updates
U.S. Tariff Adjustment on Pressure Pipe Imports
The U.S. Department of Commerce announced a temporary reduction in tariffs on pressure pipe imports under HS Code 7304.31 from select African nations, including Angola, to encourage trade partnerships.
Date: 2023-07-10