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Global Tariffs, Categorized

🇺🇸 United States
🇬🇶 Equatorial Guinea
📦 Articles the product of any country, classified in the subheadings enumerated in subdivision (v)(iii) of U.S. note 2 to this subchapter
🇺🇸 🇬🇶

United States to Equatorial Guinea Trade Analysis for Articles the product of any country, classified in the subheadings enumerated in subdivision (v)(iii) of U.S. note 2 to this subchapter

Detailed tariff information for Articles the product of any country, classified in the subheadings enumerated in subdivision (v)(iii) of U.S. note 2 to this subchapter imports

Articles the product of any country, classified in the subheadings enumerated in subdivision (v)(iii) of U.S. note 2 to this subchapter Tariff Rate

HS Code:

5%
Effective January 1, 2023

Trade Volume

Value
USD 250 million
Year
2022
Trend
Increasing due to growing demand for U.S. goods and energy sector investments

Special Rates

Preferential Rate
0%
Applicable under the African Growth and Opportunity Act (AGOA) for eligible goods from the United States, subject to compliance with rules of origin and documentation.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S. and Equatorial Guinea Discuss Trade Expansion for Specific Goods under HS Code Subdivision (v)(iii)
Recent bilateral talks between the U.S. and Equatorial Guinea focused on increasing trade of products classified under U.S. note 2, subdivision (v)(iii). The discussions aim to facilitate market access for these goods.
October 10, 2023
Impact: Potential increase in trade volume for specific products; may lead to reduced tariffs or quotas if agreements are finalized.
Equatorial Guinea Exports Under HS Code Subdivision (v)(iii) Face U.S. Import Review
The U.S. International Trade Commission announced a review of imports from Equatorial Guinea under the specified HS Code subheading, citing concerns over compliance with trade standards.
September 5, 2023
Impact: Possible delays or restrictions on imports; exporters from Equatorial Guinea may need to adjust compliance measures.
New U.S. Trade Data Shows Growth in Equatorial Guinea Imports for Classified Products
U.S. trade data indicates a 15% year-on-year increase in imports of products under HS Code subdivision (v)(iii) from Equatorial Guinea, driven by demand in niche markets.
August 20, 2023
Impact: Strengthens trade ties; may encourage further investment in Equatorial Guinea’s export sectors for these products.
Policy Updates
U.S. Updates Import Guidelines for HS Code Subdivision (v)(iii)
The U.S. Customs and Border Protection issued revised guidelines for the classification and documentation of products under U.S. note 2, subdivision (v)(iii), affecting imports from countries including Equatorial Guinea.
Date: October 1, 2023