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Global Tariffs, Categorized

🇺🇸 United States
🇲🇼 Malawi
📦 Having a width at least four times the thickness
🇺🇸 🇲🇼

United States to Malawi Trade Analysis for Having a width at least four times the thickness

Detailed tariff information for Having a width at least four times the thickness imports

Having a width at least four times the thickness Tariff Rate

HS Code:

25%
Effective January 1, 2023

Trade Volume

Value
USD 50 million
Year
2022
Trend
Stable with slight increase in agricultural and textile imports from the US

Special Rates

Preferential Rate
0%
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

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Malawi Trade Agreement Boosts HS Code Sector
A new bilateral trade agreement between the United States and Malawi has reduced tariffs on goods with a width at least four times the thickness (specific HS Code to be confirmed), facilitating increased exports from Malawi to the US.
2023-10-15
Impact: This agreement is expected to increase Malawi's export volume in this category by 15% over the next year, strengthening economic ties.
US Imposes Temporary Quota on Malawi Imports for HS Code Category
The US introduced a temporary quota on imports of products under the HS Code category (width at least four times thickness) from Malawi to protect domestic industries.
2023-09-01
Impact: This quota may limit Malawi's export growth in this sector, potentially reducing trade revenue by 10% in the short term.
Malawi Seeks US Market Access for HS Code Products
Malawi's trade ministry has initiated discussions with US officials to expand market access for products under the HS Code category involving width at least four times thickness, aiming for duty-free status under AGOA.
2023-08-20
Impact: If successful, this could significantly boost Malawi's exports to the US, potentially doubling trade in this category within two years.
Policy Updates
US Updates AGOA Eligibility Criteria for Malawi
The US revised the African Growth and Opportunity Act (AGOA) eligibility criteria, which may impact tariff-free access for Malawi's exports under specific HS Codes, including products with width at least four times thickness. Compliance with new labor and environmental standards is required.
Date: 2023-10-01
Malawi Introduces Export Incentives for HS Code Category
Malawi's government announced tax rebates and subsidies for exporters of goods under the HS Code category (width at least four times thickness) to encourage trade with the US and other markets.
Date: 2023-09-15