Stable, with slight increase due to demand for industrial equipment in Ghana.
Special Rates
ECOWAS Preferential Rate
0%
Applicable only if imported under ECOWAS Trade Liberalization Scheme with proper documentation; not directly applicable for imports from the United States.
Special Concession Rate
5%
May apply for specific projects or under government agreements for energy-related equipment; requires prior approval from Ghanaian authorities.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Ghana Trade Agreement Boosts AC Generator Exports
A recent bilateral trade agreement between the US and Ghana has reduced tariffs on electrical machinery, including AC generators (HS Code: 8501.61 and 8501.62). This has led to a 15% increase in US exports of alternators to Ghana in the last quarter.
2023-10-15
Impact: Positive impact on US exporters due to lower tariffs and increased demand for reliable power generation equipment in Ghana.
Ghana Increases Import of US-Made AC Generators for Industrial Growth
Ghana's growing industrial sector has driven a surge in demand for US-manufactured AC generators, with imports rising by 10% year-over-year as reported by the US International Trade Commission.
2023-09-20
Impact: Strengthens US-Ghana trade ties, with potential for sustained growth in the electrical machinery sector.
Supply Chain Challenges Affect AC Generator Shipments to Ghana
Global supply chain disruptions have delayed shipments of AC generators from the US to Ghana, causing a temporary 5% drop in trade volume for this category in Q3 2023, according to trade data.
2023-08-05
Impact: Negative short-term impact on trade flow, though recovery is expected as supply chain issues are resolved.
Policy Updates
US-Ghana Tariff Reduction on Electrical Machinery
Under the renewed US-Ghana trade framework, tariffs on AC generators (HS Code: 8501.61 and 8501.62) have been reduced by 3%, effective from October 1, 2023, to encourage industrial development in Ghana.
Date: 2023-10-01
Ghana Implements New Import Compliance Standards for Generators
Ghana's Standards Authority has introduced stricter compliance requirements for imported AC generators, mandating energy efficiency certifications starting July 2023, which may affect US exporters' documentation processes.
