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Electric motors of a kind used as the primary source of mechanical power for electrically powered vehicles of subheadings 8703.40, 8703.50, 8703.60, 8703.70 or 8703.80
United States to Morocco Trade Analysis
for Electric motors of a kind used as the primary source of mechanical power for electrically powered vehicles of subheadings 8703.40, 8703.50, 8703.60, 8703.70 or 8703.80
Detailed tariff information for Electric motors of a kind used as the primary source of mechanical power for electrically powered vehicles of subheadings 8703.40, 8703.50, 8703.60, 8703.70 or 8703.80 imports
Electric motors of a kind used as the primary source of mechanical power for electrically powered vehicles of subheadings 8703.40, 8703.50, 8703.60, 8703.70 or 8703.80 Tariff Rate
Increasing by 8% compared to 2021, driven by demand for electric vehicle components.
Special Rates
Preferential Rate
0%
Applicable under the United States-Morocco Free Trade Agreement (USMFTA) 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-Morocco Trade Agreement Boosts EV Motor Exports
Under the US-Morocco Free Trade Agreement, a new deal has been signed to facilitate the export of electric motors for hybrid and electric vehicles from the US to Morocco, reducing tariffs by 15%.
October 15, 2023
Impact: This agreement is expected to increase US exports of electric motors (HS 8501.32) to Morocco, strengthening bilateral trade in the EV sector and supporting Morocco's growing automotive industry.
Morocco Increases Demand for US Electric Motors for EV Production
Morocco's expanding electric vehicle manufacturing sector has led to a 20% rise in imports of electric motors from the US, driven by major automotive plants in Tangier and Casablanca.
September 20, 2023
Impact: The surge in demand is likely to enhance trade volumes, benefiting US manufacturers while supporting Morocco's goal to become a regional hub for EV production.
US Imposes Quality Standards on Electric Motors Exported to Morocco
The US Department of Commerce introduced stricter quality and safety standards for electric motors used in EVs exported to Morocco to align with international regulations.
August 5, 2023
Impact: While this may temporarily slow down exports due to compliance costs, it ensures long-term reliability and safety, potentially increasing trust and demand for US-made motors in Morocco.
Policy Updates
Amendment to US-Morocco FTA on EV Components
An amendment to the US-Morocco Free Trade Agreement now includes specific provisions for reduced tariffs on electric motors (HS 8501.32) used in electrically powered vehicles, aiming to promote green technology trade.
Date: October 1, 2023
Morocco Introduces Incentives for EV Component Imports
Morocco's government has rolled out tax incentives for importing electric motors and other EV components, including those from the US, to support its domestic EV manufacturing goals.
