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Machine tools (including way-type unit head machines) for drilling, boring, milling, threading or tapping by removing metal, other than lathes (including turning centers) of heading 8458
United States to Gambia Trade Analysis
for Machine tools (including way-type unit head machines) for drilling, boring, milling, threading or tapping by removing metal, other than lathes (including turning centers) of heading 8458
Detailed tariff information for Machine tools (including way-type unit head machines) for drilling, boring, milling, threading or tapping by removing metal, other than lathes (including turning centers) of heading 8458 imports
Machine tools (including way-type unit head machines) for drilling, boring, milling, threading or tapping by removing metal, other than lathes (including turning centers) of heading 8458 Tariff Rate
Stable with slight increase due to growing industrial demand in Gambia.
Special Rates
Preferential Rate
0%
Applicable under specific trade agreements or if the importer qualifies for exemptions under Gambian industrial development incentives.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Limited Trade Activity in Machine Tools Between US and Gambia
Recent trade data indicates minimal to no recorded transactions of machine tools (HS Code 8459) for drilling, boring, milling, threading, or tapping between the United States and Gambia in the past quarter. This reflects a lack of significant industrial demand or export capacity in this category.
October 2023
Impact: Negligible impact on bilateral trade due to historically low volumes in this specific sector between the two countries.
US Export Trends Show No Focus on Gambia for Machine Tools
According to the latest US International Trade Commission reports, machine tools under HS Code 8459 are primarily exported to larger industrial markets in Asia and Europe, with no notable shipments to Gambia, indicating a lack of market presence or demand in the region.
September 2023
Impact: No direct trade impact for Gambia; US exporters continue to prioritize established markets for machine tools.
Gambia's Industrial Sector Shows Limited Import of Machine Tools
Gambia's import statistics reveal a low demand for specialized machine tools (HS Code 8459), with most industrial equipment sourced from regional or European suppliers rather than the United States, due to logistical and cost factors.
August 2023
Impact: Minimal trade relationship with the US in this category, limiting potential growth or impact on bilateral trade.
Policy Updates
No Specific Tariff Changes for HS Code 8459 Between US and Gambia
There have been no recent updates or changes in tariffs or trade policies specifically targeting machine tools under HS Code 8459 between the United States and Gambia. Trade continues under general provisions of the African Growth and Opportunity Act (AGOA) for eligible goods, though this category remains underutilized.
