United States to Cabo Verde Trade Analysis
for Other, not included in the subheadings above, containing 40 percent or more by mass of pentafluoroethane (HFC-125)
Detailed tariff information for Other, not included in the subheadings above, containing 40 percent or more by mass of pentafluoroethane (HFC-125) imports
Other, not included in the subheadings above, containing 40 percent or more by mass of pentafluoroethane (HFC-125) Tariff Rate
Applicable under the ECOWAS Common External Tariff if conditions for regional trade agreements are met.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Limited Trade Activity for HFC-125 between US and Cabo Verde
Recent trade data indicates minimal to no recorded trade of products containing 40% or more by mass of pentafluoroethane (HFC-125) between the United States and Cabo Verde. This reflects a lack of significant market demand or industrial use in Cabo Verde for such products.
October 15, 2023
Impact: Negligible impact on trade due to absence of substantial transactions or market interest in HFC-125 products between the two countries.
US Export Regulations Tighten on HFC Compounds
The US has introduced stricter export controls on hydrofluorocarbons (HFCs), including HFC-125, under the AIM Act to phase down production and consumption. While Cabo Verde is not a major trade partner, these regulations could affect potential future trade.
September 5, 2023
Impact: Potential future trade with Cabo Verde may face restrictions or additional compliance costs due to tightened US export policies on HFCs.
Cabo Verde Adopts Global HFC Phase-Down Commitments
Cabo Verde has reiterated its commitment to the Kigali Amendment to the Montreal Protocol, aiming to reduce HFC usage, including HFC-125. This may limit imports of such substances from countries like the US.
August 20, 2023
Impact: Reduced likelihood of trade growth for HFC-125 products between the US and Cabo Verde due to environmental commitments and import restrictions.
Policy Updates
US EPA Updates HFC Export Licensing Requirements
The US Environmental Protection Agency (EPA) has updated licensing requirements for exporting HFCs, including HFC-125, as part of the phasedown under the American Innovation and Manufacturing (AIM) Act. Exporters must now provide detailed documentation on environmental impact and compliance with international agreements.
Date: September 10, 2023
Cabo Verde Strengthens Import Controls on HFCs
Cabo Verde's Ministry of Environment has implemented stricter import controls on hydrofluorocarbons, including HFC-125, to align with the Kigali Amendment. Importers must obtain special permits and demonstrate adherence to national quotas for HFC consumption.
