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Global Tariffs, Categorized

🇺🇸 United States
🇪🇹 Ethiopia
📦 With internal combustion piston engine of a cylinder capacity exceeding 50 cc but not exceeding 250 cc
🇺🇸 🇪🇹

United States to Ethiopia Trade Analysis for With internal combustion piston engine of a cylinder capacity exceeding 50 cc but not exceeding 250 cc

Detailed tariff information for With internal combustion piston engine of a cylinder capacity exceeding 50 cc but not exceeding 250 cc imports

With internal combustion piston engine of a cylinder capacity exceeding 50 cc but not exceeding 250 cc Tariff Rate

HS Code:

35%
Effective January 1, 2023

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight increase from previous year

Special Rates

Preferential Rate
10%
Applicable under the African Growth and Opportunity Act (AGOA) for eligible 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-Ethiopia Trade Agreement Boosts Small Engine Imports
A new trade agreement between the United States and Ethiopia has reduced tariffs on internal combustion piston engines with cylinder capacities between 50 cc and 250 cc (HS Code: 8407.32). This aims to support Ethiopia's growing demand for small machinery and motorcycles.
2023-10-15
Impact: Increased exports of small engines from the US to Ethiopia due to lower tariffs, potentially benefiting US manufacturers and Ethiopian consumers with affordable products.
Ethiopian Market Sees Surge in US-Made Small Engines
Recent data shows a 15% increase in imports of internal combustion engines (50-250 cc) from the US to Ethiopia, driven by demand in the agricultural and transport sectors.
2023-09-20
Impact: Strengthened trade ties and potential for US companies to expand market share in Ethiopia, though local Ethiopian producers may face increased competition.
US Exporters Eye Ethiopian Motorcycle Engine Market
US exporters of small internal combustion engines (50-250 cc) are targeting Ethiopia’s burgeoning motorcycle industry, with trade missions planned to establish partnerships.
2023-08-05
Impact: Potential growth in bilateral trade volume, with opportunities for US firms to supply components, though logistical challenges and local regulations may pose hurdles.
Policy Updates
Ethiopia Reduces Import Duties on Small Engines
The Ethiopian government has lowered import duties on internal combustion piston engines with cylinder capacities between 50 cc and 250 cc (HS Code: 8407.32) from 15% to 8% to encourage affordable access to small machinery and support rural development.
Date: 2023-10-01
US Extends AGOA Benefits for Ethiopian Engine Imports
Under the African Growth and Opportunity Act (AGOA), the US has renewed duty-free access for certain Ethiopian imports, indirectly facilitating smoother trade of small engine components and related goods between the two nations.
Date: 2023-07-15