Stable with slight increase of 3% compared to 2021
Special Rates
Preferential Rate
5%
Applicable under the African Growth and Opportunity Act (AGOA) for qualifying goods from the United States, subject to certification and compliance with rules of origin.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Congo Trade Agreement Boosts Axle Exports
A new trade agreement between the United States and Congo has facilitated an increase in axle exports (HS Code: 8708.50) from the US to Congo, focusing on heavy-duty vehicle components for mining operations.
2023-10-15
Impact: Positive impact on US exporters with reduced tariffs and increased demand for axles in Congo's industrial sector.
Congo Increases Import of US-Made Axles for Infrastructure Projects
Congo's government has ramped up imports of axles from the US to support large-scale infrastructure and transportation projects, particularly in rural areas.
2023-09-22
Impact: Significant growth in trade volume for axles, benefiting US manufacturers with a steady market in Congo.
Global supply chain issues have temporarily slowed the export of axles from the US to Congo, causing delays in delivery and higher shipping costs.
2023-08-30
Impact: Negative short-term impact with potential delays in fulfilling orders and increased costs for both parties.
Policy Updates
US-Congo Bilateral Trade Tariff Reduction
The US and Congo have agreed to lower tariffs on specific automotive components, including axles (HS Code: 8708.50), to encourage trade and support Congo's industrial growth.
Date: 2023-10-01
Congo Updates Import Regulations for Vehicle Parts
Congo has introduced new quality standards and certification requirements for imported vehicle parts, including axles, to ensure safety and reliability in local markets.
