U.S. Increases Imports of Electric Motor Chassis from Eswatini
Recent trade data shows a significant rise in imports of motor chassis fitted with cabs and electric motors (HS 8704.90.00) from Eswatini to the United States, driven by demand for sustainable transport solutions in the 5-20 metric ton G.V.W. category.
2023-10-15
Impact: This surge could strengthen trade ties between the U.S. and Eswatini, potentially leading to increased investment in Eswatini's manufacturing sector for electric vehicle components.
Eswatini Exporters Benefit from U.S. Trade Incentives for Electric Vehicles
Under the African Growth and Opportunity Act (AGOA), Eswatini exporters of electric motor chassis for goods transport have gained preferential access to the U.S. market, boosting shipments in the 5-20 metric ton category.
2023-09-22
Impact: AGOA benefits are likely to encourage further production and export of electric motor chassis from Eswatini, enhancing bilateral trade volume with the U.S.
U.S. and Eswatini Discuss Trade Expansion for Electric Transport Vehicles
During a recent bilateral trade meeting, U.S. and Eswatini officials explored ways to expand trade in electric motor chassis for goods transport, focusing on vehicles with G.V.W. between 5 and 20 metric tons under HS 8704.90.00.
2023-08-30
Impact: These discussions could lead to new trade agreements or tariff reductions, facilitating smoother and increased trade flows of these vehicles between the two nations.
