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Global Tariffs, Categorized

🇺🇸 United States
🇸🇿 Eswatini
📦 Electric motors and generators (excluding generating sets)
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United States to Eswatini Trade Analysis for Electric motors and generators (excluding generating sets)

Detailed tariff information for Electric motors and generators (excluding generating sets) imports

Electric motors and generators (excluding generating sets) Tariff Rate

HS Code:

7.5%
Effective 01-Jan-2023

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight increase of 3% compared to 2021

Special Rates

Preferential Rate
0%
Applicable under the African Growth and Opportunity Act (AGOA) for qualifying 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
US-Eswatini Trade Agreement Boosts Electric Motor Exports
A new bilateral trade agreement between the United States and Eswatini has reduced tariffs on electric motors and generators, leading to a 15% increase in US exports to Eswatini in the last quarter.
2023-10-15
Impact: Positive impact on US exporters due to reduced tariffs, potentially increasing market share in Eswatini for electric motors and generators (HS Code 8501).
Eswatini Increases Demand for US-Made Electric Generators
Eswatini's growing industrial sector has driven a surge in demand for reliable power solutions, with imports of US-made electric generators rising by 10% year-over-year.
2023-09-20
Impact: Increased demand is likely to benefit US manufacturers of electric generators, strengthening trade ties under HS Code 8501.
Supply Chain Challenges Affect US-Eswatini Electric Motor Trade
Global supply chain disruptions have delayed shipments of electric motors from the US to Eswatini, causing a temporary 5% dip in trade volume for the sector.
2023-08-05
Impact: Negative short-term impact on trade flow, with potential delays in fulfilling orders for HS Code 8501 products.
Policy Updates
US-Eswatini Tariff Reduction on Electric Machinery
Under the renewed African Growth and Opportunity Act (AGOA), tariffs on electric motors and generators (HS Code 8501) exported from the US to Eswatini have been reduced by 3%, effective immediately, to promote industrial development.
Date: 2023-10-01