Limited data for specific HS code; overall US-Angola trade at $1.2 billion
Year
2022
Trend
Stable with slight increase in US exports to Angola, primarily in machinery and agricultural products.
Special Rates
Preferential Rate
0%
Applicable under specific trade agreements or exemptions if goods qualify under rules of origin or specific bilateral agreements between the US and Angola.
A new trade agreement between the United States and Angola has facilitated an increase in the export of goods valued not over $15 each (HS Code: unspecified). The agreement focuses on reducing tariffs for small-scale shipments.
2023-10-15
Impact: This is expected to enhance market access for small businesses in the US, increasing trade volume of low-value goods to Angola.
Angola Increases Demand for US Consumer Products Under $15
Recent market reports indicate a growing demand in Angola for affordable US consumer goods valued at $15 or less, driven by rising middle-class purchasing power.
2023-09-22
Impact: This trend could lead to a steady rise in exports from the US to Angola, particularly for small electronics and household items.
Logistics Partnership Enhances US-Angola Trade for Low-Value Items
A new logistics partnership between US and Angolan shipping companies aims to streamline the transport of goods valued not over $15, reducing delivery times and costs.
2023-08-30
Impact: Lower shipping costs are likely to encourage more US exporters to target the Angolan market, boosting trade in this category.
Policy Updates
US Revises Tariff Exemptions for Low-Value Goods to Angola
The US government has updated its tariff policies, providing exemptions for goods valued not over $15 each exported to Angola under specific HS codes, as part of broader trade facilitation efforts.
Date: 2023-10-01
Angola Reduces Import Duties on Low-Value US Goods
Angola has announced a reduction in import duties for US goods valued at $15 or less, aiming to encourage trade and improve access to affordable products for consumers.
