Stable with slight increase of 2% from previous year
Special Rates
Preferential Rate
10%
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
US Increases Exports of Medium-Sized Engines to Central African Republic
The United States reported a significant rise in exports of engines with 4 to 6 cylinders (HS Code: 8407.34) to the Central African Republic, driven by demand in the region's growing industrial sector.
2023-10-15
Impact: This increase is expected to strengthen trade ties and boost US export revenues, though logistical challenges in the Central African Republic may limit long-term growth.
Central African Republic Seeks US Engine Imports for Infrastructure Projects
The Central African Republic has issued a tender for medium-sized engines (4-6 cylinders) from US suppliers to support ongoing infrastructure and mining projects.
2023-09-22
Impact: This tender could lead to a short-term spike in US exports, potentially increasing bilateral trade volume in this specific HS category.
Trade Agreement Discussions Include Engine Exports to Central African Republic
During recent US-Africa trade talks, the export of engines with more than 4 but not more than 6 cylinders was highlighted as a potential area for cooperation with the Central African Republic.
2023-08-30
Impact: If formalized, this could result in reduced tariffs or quotas, facilitating smoother trade flows and benefiting US manufacturers.
Policy Updates
US Trade Promotion Authority Considers Tariff Reductions for Engine Exports
The US government is reviewing potential tariff reductions on exports of engines under HS Code 8407.34 to African nations, including the Central African Republic, to promote industrial development and strengthen economic ties.
Date: 2023-10-05
Central African Republic Updates Import Duties on Industrial Engines
The Central African Republic has adjusted import duties on engines with 4 to 6 cylinders, introducing a temporary reduction to encourage imports for national development projects.
