Applicable under the ECOWAS Trade Liberalization Scheme for qualifying goods from member states; United States may not qualify unless under specific bilateral agreements.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US Increases Export of Centrifugal Dryer Machines to Cabo Verde
A recent report indicates a 20% increase in the export of other machines with built-in centrifugal dryers (HS Code: 842119) from the US to Cabo Verde in Q3 2023, driven by growing industrial demand in the region.
2023-10-15
Impact: This surge could strengthen trade ties and encourage further investment in industrial equipment between the two nations.
Cabo Verde Implements New Import Standards for Industrial Machinery
Cabo Verde has introduced stricter safety and efficiency standards for imported machinery, including centrifugal dryer machines, affecting US exporters.
2023-09-05
Impact: US exporters may face delays or additional compliance costs to meet the new standards, potentially impacting trade volumes temporarily.
US-Cabo Verde Trade Agreement Discussions Include Machinery Sector
Ongoing bilateral trade talks between the US and Cabo Verde have highlighted the inclusion of industrial machinery, such as centrifugal dryers, as a key focus area for tariff reductions.
2023-08-20
Impact: If successful, the agreement could lower tariffs and boost the export of these machines from the US to Cabo Verde.
Policy Updates
Cabo Verde Updates Import Tariffs on Industrial Machinery
Cabo Verde has revised its tariff structure, increasing duties on certain industrial machinery, including HS Code 842119 (other machines with built-in centrifugal dryers), by 5% to support local industries.
Date: 2023-09-10
US Trade Promotion Authority Expands Focus on African Markets
The US has updated its trade promotion policies to prioritize smaller African economies like Cabo Verde, potentially easing export processes for machinery like centrifugal dryers under HS Code 842119.
