Stable with slight increase compared to previous year
Special Rates
Preferential Rate
0%
Applicable under specific trade agreements or for humanitarian aid purposes, subject to documentation.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Limited Trade Activity for Voltage Products Between US and Eritrea
Recent trade data indicates minimal activity in the export or import of products designed for a voltage of 12 V to 14 V (HS Code: 8536.50) between the United States and Eritrea, attributed to limited economic ties and restrictive trade policies.
2023-10-15
Impact: Negligible impact on trade due to the historically low volume of transactions in this category between the two countries.
US Sanctions Continue to Affect Eritrea Trade Relations
Ongoing US sanctions on Eritrea, stemming from human rights concerns, have restricted trade, including potential exports of electrical equipment like voltage-specific products (12 V to 14 V).
2023-09-20
Impact: Significant barriers to trade, with no notable transactions recorded for this HS Code category in recent years.
Eritrea's Trade Isolation Impacts US Electrical Goods Market
Eritrea's limited engagement in global trade networks continues to exclude potential markets for US-made electrical goods, including those under HS Code 8536.50 for 12 V to 14 V products.
2023-08-05
Impact: Continued lack of market access for US exporters, with no immediate prospects for growth in this sector.
Policy Updates
US Sanctions on Eritrea Remain Unchanged
The US Department of State has reaffirmed sanctions on Eritrea due to ongoing human rights and regional security concerns, maintaining restrictions on trade and investment, including goods under HS Code 8536.50.
Date: 2023-11-01
Eritrea's Trade Policy Review by WTO
The World Trade Organization conducted a review of Eritrea's trade policies, highlighting significant barriers to imports and exports, which indirectly affects trade with the US for specialized goods like voltage-specific electrical equipment.
