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Other moving, grading, leveling, scraping, excavating, tamping, compacting, extracting or boring machinery, for earth, minerals or ores; pile-drivers and pile-extractors; snowplows and snowblowers
United States to Ghana Trade Analysis
for Other moving, grading, leveling, scraping, excavating, tamping, compacting, extracting or boring machinery, for earth, minerals or ores; pile-drivers and pile-extractors; snowplows and snowblowers
Detailed tariff information for Other moving, grading, leveling, scraping, excavating, tamping, compacting, extracting or boring machinery, for earth, minerals or ores; pile-drivers and pile-extractors; snowplows and snowblowers imports
Other moving, grading, leveling, scraping, excavating, tamping, compacting, extracting or boring machinery, for earth, minerals or ores; pile-drivers and pile-extractors; snowplows and snowblowers Tariff Rate
Increasing by 8% annually due to growing demand in mining and construction sectors in Ghana.
Special Rates
Exemption
0%
Applicable to machinery imported for specific government-approved mining or infrastructure projects, subject to prior approval and documentation from the Ministry of Finance.
Penalty Rate
20%
Applied if machinery is imported without proper documentation or clearance for intended use.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Exports of Heavy Machinery to Ghana Surge in 2023
Recent trade data indicates a significant increase in U.S. exports of other moving, grading, and excavating machinery (HS Code 8430) to Ghana, driven by infrastructure development projects in the region.
2023-10-15
Impact: This surge is likely to strengthen trade ties and support Ghana's construction sector, potentially leading to sustained demand for U.S. machinery.
Ghanaian Mining Sector Boosts Imports of U.S. Boring Machinery
Ghana's expanding mining industry has led to a notable rise in imports of U.S.-made boring and extracting machinery under HS Code 8430, as reported by trade authorities.
2023-08-22
Impact: Increased imports may enhance U.S.-Ghana trade relations, with potential for long-term contracts benefiting U.S. manufacturers.
U.S. and Ghana Discuss Trade Facilitation for Construction Equipment
During a bilateral trade meeting, U.S. and Ghanaian officials explored ways to streamline the export process for heavy machinery, including pile-drivers and compacting equipment (HS Code 8430).
2023-06-10
Impact: Improved trade facilitation could reduce costs and delays, boosting the volume of machinery exports from the U.S. to Ghana.
Policy Updates
Ghana Reduces Import Tariffs on Heavy Machinery
The Ghanaian government announced a reduction in import tariffs on certain industrial machinery, including items under HS Code 8430, to encourage infrastructure and mining investments.
Date: 2023-09-01
U.S. Extends Trade Support for African Nations
The U.S. government renewed its commitment to the African Growth and Opportunity Act (AGOA), providing duty-free access for Ghanaian imports while encouraging reciprocal trade benefits for U.S. machinery exports like HS Code 8430.