Stable with slight increase due to growing demand for palm oil in food processing industries in Gabon
Special Rates
Preferential Rate
10%
Applicable under specific trade agreements or if sourced from certain countries under bilateral arrangements. Verification of origin required.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Limited Trade Activity in Palm Oil Between US and Gabon
Recent trade data indicates minimal to no significant transactions of palm oil and its fractions (HS Code: 1511) between the United States and Gabon. Gabon is not a major producer or exporter of palm oil, and the US primarily sources palm oil from countries like Indonesia and Malaysia.
October 2023
Impact: No notable impact on trade due to the absence of significant palm oil trade relations between the US and Gabon.
US Palm Oil Imports Focus on Southeast Asia, Not Africa
The United States continues to rely heavily on Southeast Asian countries for palm oil imports, with Gabon not appearing as a key supplier in recent trade reports. Gabon's palm oil production is primarily for domestic consumption or regional African markets.
September 2023
Impact: Trade dynamics for palm oil between the US and Gabon remain unchanged, with no direct impact on bilateral trade.
Gabon's Palm Oil Sector Seeks Regional Growth
Gabon is working on expanding its palm oil production through sustainable initiatives, but its focus remains on supplying Central African markets rather than exporting to distant markets like the United States.
August 2023
Impact: Potential future trade with the US is unlikely in the short term, as Gabon's export infrastructure and production capacity are not aligned with US market needs.
Policy Updates
No Specific US-Gabon Palm Oil Trade Policies
There are no recent or specific trade policies or tariff updates directly affecting palm oil and its fractions (HS Code: 1511) between the United States and Gabon. General US trade policies on agricultural imports apply, with no preferential treatment or restrictions noted for Gabon.
