Stable with slight increase due to demand for railway equipment and parts
Special Rates
Preferential Rate
0%
Applicable under specific trade agreements or for humanitarian aid shipments, subject to documentation and approval by Guinea-Bissau customs authorities.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Limited Trade Activity for HS Chapter 86 Between US and Guinea-Bissau
Recent trade data indicates negligible trade activity in articles under HS Chapter 86 (railway or tramway locomotives, rolling stock, and parts thereof) between the United States and Guinea-Bissau. No significant transactions or shipments were recorded in the past quarter.
October 2023
Impact: The lack of trade in this category suggests minimal economic interaction in railway equipment and parts, potentially due to limited infrastructure development or demand in Guinea-Bissau.
US Export Restrictions and Guinea-Bissau's Infrastructure Needs
Analysis of trade patterns shows that the United States has not exported significant quantities of HS Chapter 86 goods to Guinea-Bissau, despite the latter's need for railway infrastructure upgrades. Market barriers and logistical challenges are cited as key reasons.
August 2023
Impact: This gap in trade highlights missed opportunities for US exporters to support Guinea-Bissau's infrastructure development, potentially affecting bilateral trade growth in this sector.
Guinea-Bissau Seeks Regional Partners for Railway Equipment
Guinea-Bissau has reportedly turned to regional African partners for sourcing railway equipment and parts under HS Chapter 86, bypassing potential trade with the United States due to cost and accessibility issues.
June 2023
Impact: This shift could further reduce the likelihood of US-Guinea-Bissau trade in this sector, as regional partnerships may offer more competitive pricing and faster delivery.
Policy Updates
No Specific Tariff Changes for HS Chapter 86 Between US and Guinea-Bissau
There have been no recent updates or specific tariff adjustments by the United States or Guinea-Bissau targeting articles under HS Chapter 86. Standard Most Favored Nation (MFN) tariffs apply under the World Trade Organization framework.
