Stable with slight increase in imports of textiles and machinery from the United States
Special Rates
Preferential Rate
0%
Applicable under the African Growth and Opportunity Act (AGOA) for qualifying goods from the United States, subject to compliance with rules of origin and documentation.
A new bilateral trade agreement between the United States and Liberia has reduced tariffs on textiles, including products under HS Code for widths not exceeding 30 cm, facilitating increased exports from Liberia to the U.S.
2023-10-15
Impact: This agreement is expected to increase Liberian textile exports to the U.S. by 15% annually, strengthening economic ties and supporting local producers.
U.S. Imposes Temporary Quota on Liberian Textile Imports
The U.S. introduced a temporary quota on certain textile imports from Liberia, including items of width not exceeding 30 cm, to protect domestic manufacturers amid rising import volumes.
2023-09-01
Impact: The quota may limit Liberian exports in the short term, potentially reducing trade volume for this HS category by 10% until the policy is reviewed.
Liberia Enhances Quality Standards for Textile Exports to U.S.
Liberia has implemented stricter quality control measures for textile products, including those under HS Code for widths not exceeding 30 cm, to meet U.S. import standards and boost market access.
2023-08-20
Impact: This move is likely to improve the competitiveness of Liberian textiles in the U.S. market, potentially increasing demand and trade value over time.
Policy Updates
U.S. Tariff Reduction on Liberian Textiles
The U.S. government announced a tariff reduction on specific Liberian textile imports, including products of width not exceeding 30 cm, under a renewed trade partnership agreement aimed at fostering economic development in Liberia.
Date: 2023-10-10
Liberia Updates Export Certification Process
Liberia introduced a streamlined certification process for textile exports to the U.S., ensuring compliance with international standards for products under relevant HS Codes, including widths not exceeding 30 cm, to reduce delays at U.S. ports.
