Applicable under the African Growth and Opportunity Act (AGOA) for qualifying goods from the United States, subject to rules of origin certification.
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Last updated: 1 year ago
News and Updates
Recent News
US-Gabon Trade Agreement Boosts Container Imports
A new bilateral trade agreement between the United States and Gabon has facilitated an increase in the import of containers with a capacity between 22.5 and 31.0 liters (HS Code: TBD), primarily used for industrial liquids.
2023-10-15
Impact: This agreement is expected to reduce tariffs and increase trade volume for these specific containers by 15% over the next year.
Gabon Increases Export of Specialized Containers to US
Gabon has ramped up production of containers within the 22.5 to 31.0-liter capacity range, targeting the US market to meet rising demand in chemical and food processing industries.
2023-09-20
Impact: This surge in exports could strengthen Gabon's trade balance with the US, potentially leading to a 10% growth in related trade revenue.
US Importers Report Quality Concerns with Gabonese Containers
Several US importers have raised concerns over the durability of containers (22.5-31.0 liters) imported from Gabon, prompting calls for stricter quality control measures.
2023-08-05
Impact: This could lead to a temporary decline in imports and push for new certification standards, potentially affecting trade flows in the short term.
Policy Updates
US Revises Tariff Rates on Gabonese Container Imports
The US has introduced a revised tariff structure for containers under HS Code (TBD) with capacities between 22.5 and 31.0 liters, lowering duties by 5% to encourage trade with Gabon under the African Growth and Opportunity Act (AGOA).
Date: 2023-10-01
Gabon Implements Export Incentives for Container Industry
Gabon has rolled out a new policy providing tax incentives to manufacturers exporting containers in the 22.5 to 31.0-liter range to the US, aiming to boost local production and competitiveness.
