United States to Angola Trade Analysis
for Wood sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or end-jointed, of a thickness exceeding 6 mm
Detailed tariff information for Wood sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or end-jointed, of a thickness exceeding 6 mm imports
Wood sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or end-jointed, of a thickness exceeding 6 mm Tariff Rate
Stable, with slight increase due to construction sector demand in Angola.
Special Rates
Preferential Rate
0%
Applicable under specific trade agreements or exemptions for development projects, subject to documentation and approval by Angola's Ministry of Finance.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US Increases Imports of Sawn Wood from Angola Amid Rising Demand
The United States has seen a notable increase in imports of sawn wood (HS Code 4407) from Angola in Q3 2023, driven by demand in the construction sector. Trade data indicates a 12% rise compared to the previous quarter.
2023-10-15
Impact: This surge strengthens trade ties between the US and Angola, potentially leading to more consistent supply agreements for sawn wood, though it may face challenges from fluctuating global lumber prices.
Angola Promotes Sustainable Forestry to Boost US Exports
Angola has introduced new sustainable forestry certifications to meet US market standards for sawn wood products, aiming to increase exports under HS Code 4407. This initiative targets environmentally conscious buyers.
2023-09-22
Impact: The certification could enhance Angola's market share in the US for sawn wood, though compliance costs might temporarily affect pricing competitiveness.
US-Angola Trade Talks Highlight Sawn Wood Sector
During recent bilateral trade discussions, both nations emphasized the potential for expanding sawn wood (HS Code 4407) trade, with Angola seeking to diversify its export portfolio beyond oil.
2023-08-10
Impact: These talks could lead to reduced trade barriers or incentives, fostering growth in sawn wood exports from Angola to the US, though outcomes depend on finalized agreements.
Policy Updates
US Revises Import Tariffs on African Timber Products
The US Trade Representative announced a review of tariffs on timber products, including sawn wood under HS Code 4407, from African nations like Angola under the African Growth and Opportunity Act (AGOA). The policy aims to encourage sustainable trade.
Date: 2023-07-05
Angola Updates Export Regulations for Timber
Angola's government introduced stricter export licensing for sawn wood (HS Code 4407) to combat illegal logging and ensure compliance with international standards, impacting shipments to markets like the US.
