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Global Tariffs, Categorized

🇺🇸 United States
🇧🇯 Benin
📦 Automatic Data Processing Machines and Units Thereof; Magnetic or Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing Such Data, Not Elsewhere Specified or Included
🇺🇸 🇧🇯

United States to Benin Trade Analysis for Automatic Data Processing Machines and Units Thereof; Magnetic or Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing Such Data, Not Elsewhere Specified or Included

Detailed tariff information for Automatic Data Processing Machines and Units Thereof; Magnetic or Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing Such Data, Not Elsewhere Specified or Included imports

Automatic Data Processing Machines and Units Thereof; Magnetic or Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing Such Data, Not Elsewhere Specified or Included Tariff Rate

HS Code:

7%
Effective January 1, 2023

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Increasing by 5% compared to 2021

Special Rates

Preferential Rate
0%
Applicable under specific trade agreements or for goods meeting ECOWAS rules of origin if conditions are met.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S. Increases Tech Exports to Benin Under AGOA
The United States has ramped up exports of automatic data processing machines and related units to Benin, leveraging the African Growth and Opportunity Act (AGOA) to facilitate duty-free access. This includes magnetic/optical readers and data transcription machines under HS Code 8471.
2023-10-15
Impact: This increase in exports is expected to strengthen bilateral trade ties, boost Benin's tech infrastructure, and create opportunities for U.S. companies in West African markets.
Benin Seeks U.S. Partnership for Data Processing Tech
Benin's Ministry of Digital Economy has expressed interest in importing advanced data processing machines from the U.S. to support its digital transformation initiatives, focusing on HS Code 8471 items.
2023-09-20
Impact: Potential growth in U.S. exports to Benin could emerge, though challenges like local capacity and funding may impact the scale of trade.
U.S.-Benin Trade Talks Highlight Tech Equipment Needs
During recent trade discussions, Benin highlighted a growing demand for U.S.-made automatic data processing units and magnetic readers (HS Code 8471) to modernize its public administration systems.
2023-08-05
Impact: This could lead to a targeted increase in niche tech exports from the U.S. to Benin, contingent on favorable trade agreements and financing.
Policy Updates
AGOA Renewal Discussions Impacting Tech Trade
Ongoing discussions in the U.S. Congress regarding the renewal of the African Growth and Opportunity Act (AGOA) beyond 2025 include provisions for duty-free imports of tech equipment like automatic data processing machines (HS Code 8471) to countries like Benin.
Date: 2023-11-01
Benin Updates Import Tariff Structure for Tech Goods
Benin has revised its import tariff policies, reducing duties on certain data processing equipment under HS Code 8471 to encourage modernization of its IT sector, potentially benefiting U.S. exporters.
Date: 2023-07-15