Stable with slight increase of 2% from previous year
Special Rates
Preferential Rate
5%
Applicable under the African Growth and Opportunity Act (AGOA) for qualifying goods from the United States, subject to rules of origin and documentation requirements.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Congo Trade Agreement Boosts Machinery Exports
A recent bilateral trade agreement between the United States and Congo has facilitated an increase in exports of machinery with net engine power less than 93.3 kW (HS Code: 8407.90) from the US to Congo, targeting agricultural and small-scale industrial needs.
2023-10-15
Impact: This agreement is expected to increase US exports by 15% in this category, strengthening trade ties and supporting Congo's agricultural sector.
Congo Imposes Temporary Import Restrictions
Congo introduced temporary import restrictions on certain machinery, including engines under 93.3 kW, to protect domestic manufacturers, impacting US exporters.
2023-09-22
Impact: US exporters may face a 10% decline in shipments to Congo for this HS code until restrictions are reviewed in early 2024.
US Aid Program Includes Machinery Exports to Congo
As part of a US foreign aid program, low-power engines (under 93.3 kW) are being exported to Congo to support rural development projects.
2023-08-05
Impact: This initiative is likely to boost trade volume in this category by providing duty-free access for US exporters under the aid framework.
Policy Updates
US-Congo Trade Facilitation Agreement
A new trade facilitation agreement reduces tariffs by 5% on machinery with net engine power less than 93.3 kW, aiming to enhance market access for US exporters to Congo.
Date: 2023-10-10
Congo's Import Quota Policy
Congo has implemented a quota system for importing engines under 93.3 kW to balance domestic production and foreign supply, requiring US exporters to apply for import licenses.
