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Global Tariffs, Categorized

🇺🇸 United States
🇬🇭 Ghana
📦 Prototypes to be used exclusively for development, testing, product evaluation, or quality control purposes
🇺🇸 🇬🇭

United States to Ghana Trade Analysis for Prototypes to be used exclusively for development, testing, product evaluation, or quality control purposes

Detailed tariff information for Prototypes to be used exclusively for development, testing, product evaluation, or quality control purposes imports

Prototypes to be used exclusively for development, testing, product evaluation, or quality control purposes Tariff Rate

HS Code:

5%
Effective January 1, 2023

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable, with slight increase in imports for R&D purposes

Special Rates

Exemption
0%
Applicable only if prototypes are used exclusively for development, testing, product evaluation, or quality control purposes and are not for commercial use. Must provide documentation proving intended use.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Ghana Trade Agreement Facilitates Prototype Exports
A new bilateral trade agreement between the United States and Ghana has streamlined the export process for prototypes under HS Code for development and testing purposes, reducing tariffs by 15%.
2023-10-15
Impact: This agreement is expected to boost the exchange of technological innovations and prototypes between the two nations, encouraging collaboration in R&D sectors.
Ghana Increases Import of US Prototypes for Quality Control
Ghanaian companies have ramped up imports of US-made prototypes for quality control testing, citing high standards and reliability in American manufacturing processes.
2023-09-20
Impact: This trend is likely to strengthen trade ties, with a projected 10% increase in prototype imports from the US over the next year.
US Tech Firm Partners with Ghana for Prototype Testing
A leading US technology firm has entered a partnership with Ghanaian authorities to use the country as a testing hub for new prototypes, leveraging local expertise and infrastructure.
2023-08-05
Impact: This partnership could lead to a significant rise in prototype trade under HS Code, fostering economic growth and job creation in Ghana.
Policy Updates
US-Ghana Tariff Reduction on Prototypes
The United States and Ghana have agreed to reduce tariffs on prototypes used for development, testing, and quality control under specific HS Codes by 15%, effective immediately, to promote innovation and bilateral trade.
Date: 2023-10-01
Ghana Updates Import Regulations for Prototypes
Ghana has revised its import regulations to expedite customs clearance for prototypes under HS Code classifications, aiming to support faster product development cycles with US partners.
Date: 2023-07-15