Stable with slight increase due to infrastructure projects in Central African Republic
Special Rates
Preferential Rate
0%
Applicable under specific trade agreements or for humanitarian purposes, subject to documentation and approval.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Limited Trade Activity for Generating Sets Between US and Central African Republic
Recent trade data indicates minimal activity in the export or import of generating sets with spark-ignition internal combustion piston engines (HS Code: 8502.20) between the United States and the Central African Republic, with no significant transactions reported in the last quarter.
2023-10-15
Impact: The lack of trade activity suggests limited demand or logistical challenges, potentially affecting US exporters looking to enter this market.
US Trade Focus Shifts Away from Central African Republic for Power Equipment
Industry reports highlight that US exports of generating sets (HS Code: 8502.20) are primarily directed toward larger African markets, with the Central African Republic not featuring prominently due to economic and infrastructural constraints.
2023-08-22
Impact: This shift in focus may reduce opportunities for niche trade partnerships between the US and the Central African Republic in this sector.
Central African Republic Faces Import Challenges for Industrial Equipment
Ongoing political instability and limited foreign exchange reserves in the Central African Republic have constrained imports of industrial goods, including generating sets (HS Code: 8502.20) from the United States.
2023-06-30
Impact: These challenges create barriers for US exporters, potentially leading to reduced trade volumes and delayed transactions.
Policy Updates
No Specific Tariff Changes for HS Code 8502.20 Between US and Central African Republic
There have been no recent updates to tariffs or trade policies specifically affecting generating sets with spark-ignition internal combustion piston engines (HS Code: 8502.20) between the United States and the Central African Republic, with standard WTO rates applying.