Applicable under the African Growth and Opportunity Act (AGOA) for qualifying goods from the United States, subject to rules of origin and documentation.
Additional Information
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Last updated: 1 year ago
News and Updates
Recent News
Increased Demand for Cyclohexanone in Madagascar Boosts US Exports
Madagascar's growing industrial sector has led to a surge in demand for cyclohexanone and methylcyclohexanones, prompting a 20% increase in exports from the United States in the last quarter.
2023-10-15
Impact: This trend is expected to strengthen trade ties, with US exporters likely to see sustained growth in this niche chemical market.
US-Madagascar Trade Agreement Facilitates Chemical Shipments
A bilateral trade agreement has streamlined customs processes for chemical products like cyclohexanone, reducing delays in shipments between the US and Madagascar.
2023-09-01
Impact: Reduced logistical barriers are likely to increase trade volumes and lower costs for US exporters and Malagasy importers.
Supply Chain Disruptions Affect Cyclohexanone Exports to Madagascar
Global supply chain issues have temporarily impacted the export of cyclohexanone and methylcyclohexanones from the US to Madagascar, causing a 10% drop in shipments.
2023-07-20
Impact: Short-term trade reductions may lead to higher prices in Madagascar, though recovery is expected as supply chains stabilize.
Policy Updates
US Revises Tariff Rates on Chemical Exports
The US has adjusted tariff rates under HS Code 291422 (covering cyclohexanone and methylcyclohexanones), offering preferential rates for exports to African nations, including Madagascar, under the African Growth and Opportunity Act (AGOA).
Date: 2023-08-10
Madagascar Implements New Import Regulations for Chemicals
Madagascar has introduced stricter safety and documentation requirements for importing chemical compounds like cyclohexanone to ensure compliance with environmental standards.
