Stable with slight increase compared to previous year
Special Rates
Preferential Rate
0%
Applicable under the African Growth and Opportunity Act (AGOA) for qualifying goods from the United States, subject to rules of origin and documentation.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Limited Trade Activity for Starter Motors Between US and Cabo Verde
Recent trade data indicates minimal activity in the export or import of starter motors and dual-purpose starter-generators (HS Code: 851140) between the United States and Cabo Verde, with no significant transactions reported in the last quarter.
2023-10-15
Impact: Negligible impact on trade due to historically low trade volumes for this specific product category between the two nations.
US Export Regulations Review for Automotive Parts
The US Department of Commerce conducted a review of export regulations for automotive parts, including starter motors (HS Code: 851140), which may indirectly affect small markets like Cabo Verde.
2023-09-20
Impact: Potential indirect impact on trade if regulatory changes increase compliance costs for US exporters targeting smaller African markets.
Cabo Verde Seeks Automotive Component Imports
Cabo Verde's government expressed interest in diversifying its import sources for automotive components, including starter motors, though no specific agreements with the US were announced.
2023-08-05
Impact: Possible future increase in trade if US suppliers engage with Cabo Verde's market needs for automotive parts.
Policy Updates
US Tariff Schedule Update for HS Code 851140
The US International Trade Commission updated the tariff schedule for starter motors and dual-purpose starter-generators (HS Code: 851140), maintaining current duty rates but introducing stricter documentation for exports to non-FTA countries, including Cabo Verde.
