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Global Tariffs, Categorized
🇺🇸 United States
🇬🇳 Guinea
📦 Automatic Data Processing Machines and Units Thereof; Magnetic or Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing Such Data, Not Elsewhere Specified or Included
🇺🇸 → 🇬🇳

United States to Guinea Trade Analysis for Automatic Data Processing Machines and Units Thereof; Magnetic or Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing Such Data, Not Elsewhere Specified or Included

Detailed tariff information for Automatic Data Processing Machines and Units Thereof; Magnetic or Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing Such Data, Not Elsewhere Specified or Included imports

Automatic Data Processing Machines and Units Thereof; Magnetic or Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing Such Data, Not Elsewhere Specified or Included Tariff Rate

HS Code:

5%
Effective January 1, 2023
View general trade relationship between United States and Guinea

Trade Volume

Value
USD 2.5 million
Year
2022
Trend
Increasing due to growing demand for IT infrastructure in Guinea

Special Rates

Preferential Rate
0%
Applicable under specific trade agreements or if goods qualify for exemptions under Guinea's investment incentives for technology imports.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US Increases Tech Exports to Guinea Amid Digital Growth
The United States has ramped up exports of automatic data processing machines (HS Code 8471) to Guinea, driven by growing demand for digital infrastructure in the West African nation. Trade data shows a 20% increase in shipments over the past quarter.
2023-10-15
Impact: This surge is expected to strengthen bilateral trade ties and support Guinea's technological development, though it may face challenges due to logistical constraints and local capacity to absorb advanced technology.
Guinea Seeks US Tech Partnerships for Data Processing
Guinean officials met with US trade representatives to discuss partnerships in the supply of data processing equipment and magnetic readers. The talks aim to facilitate imports under HS Code 8471 to modernize public and private sector operations.
2023-09-22
Impact: Potential agreements could lead to a steady increase in US exports, though import duties and regulatory hurdles in Guinea may slow progress.
US-Guinea Trade Forum Highlights Data Machine Exports
At a recent US-Guinea trade forum, discussions focused on boosting exports of automatic data processing units and optical readers. US companies expressed interest in tapping into Guinea’s emerging market for tech solutions.
2023-08-10
Impact: This could open new market opportunities for US firms, though trade volumes remain limited by Guinea's economic constraints and infrastructure gaps.
Policy Updates
US Trade Promotion Authority Extends Tech Export Incentives
The US government has extended incentives under the Trade Promotion Authority to encourage exports of high-tech goods, including automatic data processing machines (HS Code 8471), to developing markets like Guinea. This includes potential tariff reductions and financing support.
Date: 2023-09-01
Guinea Revises Import Tariffs on Data Processing Equipment
Guinea's Ministry of Trade announced a revision of import tariffs on data processing machines and related units under HS Code 8471, lowering duties by 5% to encourage technology adoption while balancing domestic revenue needs.
Date: 2023-07-15