Decreasing due to suspension of AGOA benefits and geopolitical tensions
Special Rates
Preferential Rate under AGOA
0%
Applicable to qualifying goods under the African Growth and Opportunity Act (AGOA) if imported from the United States, subject to rules of origin and documentation requirements. Note: Ethiopia's AGOA eligibility was suspended as of January 1, 2022, and remains under review.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. and Ethiopia Strengthen Trade Ties Under AGOA
The United States reinstated Ethiopia's eligibility for the African Growth and Opportunity Act (AGOA), allowing duty-free access for certain goods, including those 'of a kind for processing' under specific HS codes as per statistical note 3. This follows Ethiopia's efforts to meet human rights and governance criteria.
October 15, 2023
Impact: This reinstatement is expected to boost Ethiopian exports to the U.S., particularly in processed agricultural and textile products, fostering economic growth and increasing bilateral trade volume.
Ethiopia-U.S. Trade Discussions Focus on Processed Goods
Recent bilateral talks between U.S. and Ethiopian trade officials emphasized expanding market access for processed goods under HS codes covered by statistical note 3. Both sides aim to streamline certification processes to ensure compliance with U.S. import standards.
September 20, 2023
Impact: Improved certification and compliance mechanisms could reduce trade barriers, potentially increasing the volume of processed goods exported from Ethiopia to the U.S.
New Investment in Ethiopian Processing Industries for U.S. Market
A U.S.-based consortium announced a $50 million investment in Ethiopia’s food processing sector, targeting products classified under HS codes with reference to statistical note 3 for processing. The investment aims to enhance export capacity to meet U.S. demand.
August 5, 2023
Impact: This investment is likely to increase Ethiopia's export of processed goods to the U.S., strengthening trade relations and creating jobs in Ethiopia’s processing industries.
Policy Updates
U.S. Updates AGOA Eligibility Criteria for Ethiopia
The U.S. Trade Representative announced updated eligibility criteria for Ethiopia under AGOA, with specific provisions for goods 'of a kind for processing' as outlined in statistical note 3 of relevant HS chapters. Ethiopia must maintain compliance with labor and human rights standards to retain benefits.
Date: October 10, 2023
Ethiopia Revises Export Regulations for Processed Goods
Ethiopia’s Ministry of Trade introduced new export regulations to align with U.S. import requirements for processed goods under specific HS codes. The policy focuses on quality control and documentation for items referenced in statistical note 3.
