Limited data available; negligible imports recorded
Year
2022
Trend
Stable with low activity
Special Rates
Preferential Rate
N/A
No preferential trade agreements currently in place between Eritrea and the United States for this HS category.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Limited Trade Activity for Medium Trucks Between US and Eritrea
Recent trade data indicates minimal activity in the export of vehicles with G.V.W. exceeding 5 metric tons but not exceeding 9 metric tons (HS Code: 8704.22) from the United States to Eritrea, attributed to ongoing economic sanctions and limited bilateral trade agreements.
2023-10-15
Impact: The negligible trade volume in this category continues to reflect restricted market access and limited demand, with no significant growth expected in the near term.
US Sanctions Impact Eritrea Trade for Medium-Heavy Vehicles
US sanctions on Eritrea, extended in late 2022, continue to hinder trade in medium-heavy vehicles (G.V.W. 5-9 metric tons, HS Code: 8704.22), with no recorded exports from the US to Eritrea in the past quarter.
2023-09-01
Impact: Sanctions severely limit potential trade in this category, affecting US exporters and restricting Eritrea's access to such vehicles.
Eritrea's Import Restrictions Affect US Vehicle Exports
Eritrea's stringent import regulations and foreign currency shortages have led to a near-complete halt in imports of medium trucks (G.V.W. 5-9 metric tons, HS Code: 8704.22) from the United States, as reported by trade analysts.
2023-07-20
Impact: These restrictions exacerbate the already low trade volume, creating barriers for US manufacturers seeking to enter the Eritrean market.
Policy Updates
Extension of US Sanctions on Eritrea
The United States extended sanctions on Eritrea under Executive Order 14046, citing human rights concerns and regional instability. These sanctions include restrictions on trade and investment, impacting the export of goods such as medium-heavy vehicles (HS Code: 8704.22).
