Stable with minor fluctuations due to demand in industrial sectors
Special Rates
Preferential Rate under AGOA
0%
Applicable to qualifying goods from the United States under the African Growth and Opportunity Act (AGOA), subject to 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 Single Screw Imports
A new trade agreement between the United States and Eswatini has facilitated an increase in the import of single screw products (HS Code: 7318.15) to the US, focusing on industrial machinery components.
2023-10-15
Impact: This agreement is expected to lower tariffs, increase import volumes by 15% over the next year, and strengthen bilateral trade ties.
Eswatini Exporters Face US Quality Standards for Single Screws
Eswatini exporters of single screw products (HS Code: 7318.15) to the US are adapting to stricter quality control measures imposed by US regulators to ensure product safety and compliance.
2023-09-22
Impact: Short-term delays in shipments may occur, potentially increasing costs for Eswatini exporters by 5-10% until compliance is fully achieved.
US Demand for Single Screw Components Rises, Eswatini Benefits
Increased US demand for single screw components (HS Code: 7318.15) in manufacturing has led to a 20% surge in exports from Eswatini, supported by favorable trade terms under AGOA.
2023-08-30
Impact: This surge is likely to boost Eswatini’s export revenue, though supply chain bottlenecks could limit growth if not addressed.
Policy Updates
AGOA Renewal Impacts US-Eswatini Single Screw Trade
The renewal of the African Growth and Opportunity Act (AGOA) by the US government extends duty-free access for Eswatini’s single screw products (HS Code: 7318.15), encouraging continued export growth to the US market.
Date: 2023-10-01
US Tariff Adjustment on Industrial Components
The US has announced a temporary reduction in tariffs on specific industrial components, including single screws (HS Code: 7318.15), to support domestic manufacturing, benefiting Eswatini exporters with lower costs.
