Stable with minor fluctuations due to niche market demand for precious metals in industrial applications.
Special Rates
Preferential Rate
0%
Applicable under specific trade agreements or for industrial use, subject to documentation and approval by Gabon Ministry of Trade.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Limited Trade Activity for Iridium, Osmium, and Ruthenium Between US and Gabon
Recent trade data indicates minimal to no significant transactions of iridium, osmium, and ruthenium (HS Code: 7110.41, 7110.43, 7110.49) between the United States and Gabon. These rare metals are not commonly traded between the two nations due to limited production and industrial demand in Gabon.
October 2023
Impact: Negligible impact on bilateral trade as these metals are not a significant part of US-Gabon trade relations. Market focus remains on other commodities like oil and manganese from Gabon.
US Import Trends for Rare Metals Exclude Gabon as Key Supplier
The United States continues to source iridium, osmium, and ruthenium primarily from countries with established mining and refining capabilities, such as South Africa and Russia. Gabon does not feature as a notable supplier in recent trade reports.
September 2023
Impact: No direct impact on US-Gabon trade for these metals; US importers are unlikely to shift focus to Gabon without significant changes in production capacity or trade agreements.
Gabon's Mineral Export Profile Lacks Rare Platinum Group Metals
Gabon’s export portfolio remains heavily focused on crude oil, manganese, and timber, with no substantial evidence of iridium, osmium, or ruthenium production or export to the United States in recent trade statistics.
August 2023
Impact: Trade in these specific metals remains irrelevant to US-Gabon economic ties, with no anticipated growth in this sector without new mining investments or discoveries in Gabon.
Policy Updates
No Specific Tariff or Trade Policy Updates for Rare Metals Between US and Gabon
There are no recent updates to tariffs, quotas, or trade agreements specifically addressing iridium, osmium, or ruthenium between the United States and Gabon. General trade policies under the African Growth and Opportunity Act (AGOA) apply, but these metals are not a focus.
