Applicable under the African Growth and Opportunity Act (AGOA) for eligible goods from the United States, subject to certification and compliance with rules of origin.
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Last updated: 1 year ago
News and Updates
Recent News
US-Ethiopia Trade Agreement Boosts Elevator Exports
A new bilateral trade agreement between the US and Ethiopia has reduced tariffs on industrial equipment, including passenger and freight elevators (HS Code: 842810). US exporters report a 15% increase in orders from Ethiopian construction firms.
2023-10-15
Impact: Positive impact on US exports of elevators to Ethiopia due to lower tariffs and growing construction sector demand.
Ethiopian Infrastructure Boom Drives Demand for US Elevators
Ethiopia's rapid urbanization and infrastructure projects, including high-rise buildings in Addis Ababa, have led to a surge in imports of US-made passenger elevators, with trade volume up by 10% year-over-year.
2023-09-20
Impact: Increased demand for US elevators in Ethiopia, strengthening trade ties and benefiting US manufacturers.
Supply Chain Delays Affect US Elevator Exports to Ethiopia
Global supply chain disruptions have delayed shipments of freight elevators from the US to Ethiopia, causing project delays in Ethiopian industrial zones. US exporters are working to resolve logistics issues.
2023-08-05
Impact: Negative short-term impact on trade due to delays, potentially affecting trust and future contracts.
Policy Updates
Ethiopia Reduces Import Duties on Industrial Elevators
The Ethiopian government has lowered import duties on passenger and freight elevators (HS Code: 842810) from 15% to 8% as part of a broader policy to support infrastructure development and attract foreign equipment suppliers.
Date: 2023-07-01
US Extends AGOA Benefits for Ethiopian Elevator Imports
The US has extended the African Growth and Opportunity Act (AGOA) benefits for Ethiopia, allowing duty-free imports of certain goods and reciprocal trade advantages for US elevator exports under specific conditions.