Stable with minor fluctuations due to demand for climate control equipment in Equatorial Guinea
Special Rates
Preferential Rate
0%
Applicable under specific trade agreements or if the goods qualify for exemption under regional integration policies (e.g., CEMAC agreements). Requires Certificate of Origin.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Limited Trade Activity in Air Conditioners Between US and Equatorial Guinea
Recent trade data indicates minimal activity in the export or import of self-contained machines and remote condenser type air conditioners (HS Code: 8415.81) between the United States and Equatorial Guinea. No significant transactions were reported in the last quarter.
October 2023
Impact: The lack of trade in this specific category suggests limited market demand or logistical challenges, potentially impacting future trade agreements or investments in this sector.
US Trade Report Highlights Low Engagement with Equatorial Guinea in HVAC Sector
A US International Trade Commission report noted that trade in air conditioning units, specifically non-year-round self-contained and remote condenser types, remains negligible with Equatorial Guinea due to the region's small market size and focus on other goods.
August 2023
Impact: This low engagement may discourage US exporters from targeting Equatorial Guinea for these products, potentially shifting focus to other African markets with higher demand.
Equatorial Guinea's Infrastructure Needs May Spur Future Air Conditioner Imports
Analysts suggest that ongoing infrastructure development in Equatorial Guinea could lead to an increased demand for air conditioning systems, including self-contained and remote condenser types, though no current trade spikes with the US have been recorded.
June 2023
Impact: While current trade remains low, future growth in infrastructure projects could create opportunities for US exporters, potentially increasing bilateral trade in this category.
Policy Updates
No Specific Tariff Changes for Air Conditioners in US-Equatorial Guinea Trade
The US Trade Representative's office confirmed that there are no recent updates or specific tariff adjustments for HS Code 8415.81 (self-contained machines and remote condenser type air conditioners) in trade agreements with Equatorial Guinea. Standard rates under the African Growth and Opportunity Act (AGOA) apply where eligible.
