Stable with minor fluctuations due to demand for electrical equipment in Burkina Faso.
Special Rates
Preferential Rate
0%
Applicable under specific trade agreements or development programs if criteria are met (e.g., AGOA eligibility or other bilateral agreements).
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Burkina Faso Trade Agreement on Electrical Transformers
A new bilateral trade agreement has been signed between the United States and Burkina Faso, facilitating the export of electrical transformers with a power handling capacity not exceeding 50 kVA (HS Code: 8504.21). This deal aims to boost Burkina Faso's access to affordable electrical equipment.
2023-10-15
Impact: Expected to increase US exports of transformers to Burkina Faso by 15% over the next year, strengthening trade ties and supporting infrastructure development in Burkina Faso.
US Exporters Face Temporary Delays in Burkina Faso Shipments
Logistical challenges at Burkina Faso's main port have caused delays in clearing shipments of electrical equipment, including transformers under 50 kVA, from the United States.
2023-09-20
Impact: Temporary slowdown in trade flow, with US exporters potentially facing increased costs and delayed payments until port operations normalize.
Burkina Faso Increases Demand for US-Made Transformers
Burkina Faso's growing energy sector has led to a surge in demand for US-manufactured electrical transformers (HS Code: 8504.21) with a capacity not exceeding 50 kVA, driven by rural electrification projects.
2023-08-05
Impact: Positive for US manufacturers, with a projected 10% rise in export volumes to Burkina Faso in the coming quarters, fostering stronger economic collaboration.
Policy Updates
US Trade Promotion Authority Extends Support for Burkina Faso
The US Trade Promotion Authority has extended preferential trade terms under the African Growth and Opportunity Act (AGOA) for Burkina Faso, including reduced tariffs on electrical equipment such as transformers under 50 kVA (HS Code: 8504.21).
Date: 2023-10-01
Burkina Faso Revises Import Duties on Electrical Goods
Burkina Faso's government has updated its import duty structure, lowering tariffs on electrical transformers with a capacity not exceeding 50 kVA to encourage imports and support national electrification goals.
