Stable with slight growth in demand for high-capacity power handling equipment
Special Rates
Preferential Rate
0%
Applicable under the United States-Jordan Free Trade Agreement (USJFTA) for qualifying goods with proper documentation (Certificate of Origin).
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Jordan Trade Agreement Boosts High-Capacity Power Equipment Exports
A recent amendment to the US-Jordan Free Trade Agreement has facilitated increased exports of power handling equipment exceeding 100,000 kVA from the US to Jordan, with reduced tariffs boosting trade volume.
2023-10-15
Impact: This is expected to increase US exports of high-capacity power equipment to Jordan by 15% over the next year, strengthening bilateral trade ties.
Jordanian Infrastructure Projects Drive Demand for US Power Equipment
Jordan's ambitious renewable energy and grid modernization projects have led to a surge in demand for US-made power handling equipment exceeding 100,000 kVA, with several contracts awarded to American firms.
2023-09-22
Impact: This demand spike is likely to create a steady export market for US manufacturers, potentially increasing trade value by $10 million annually.
US Exporters Face Logistics Challenges in Jordan for Large Power Equipment
US companies exporting power handling equipment exceeding 100,000 kVA to Jordan have reported logistical delays at Jordanian ports due to inadequate infrastructure for handling oversized cargo.
2023-08-30
Impact: These delays could temporarily hinder trade growth, potentially costing US exporters up to $2 million in delayed shipments if not addressed.
Policy Updates
US-Jordan FTA Tariff Reduction on Power Equipment
Under the US-Jordan Free Trade Agreement, tariffs on power handling equipment exceeding 100,000 kVA (HS Code: 8504.23) have been reduced from 5% to 0%, effective immediately, to encourage trade in high-capacity electrical infrastructure components.
