United States to Morocco Trade Analysis
for Musical instruments, the sound of which is produced, or must be amplified, electrically (for example, organs, guitars, accordions)
Detailed tariff information for Musical instruments, the sound of which is produced, or must be amplified, electrically (for example, organs, guitars, accordions) imports
Musical instruments, the sound of which is produced, or must be amplified, electrically (for example, organs, guitars, accordions) Tariff Rate
A recent report highlights an increase in exports of electric musical instruments, such as guitars and organs, from the US to Morocco under the US-Morocco Free Trade Agreement (FTA). The agreement has reduced tariffs, making US products more competitive in the Moroccan market.
2023-10-15
Impact: Positive impact on US exporters of electric musical instruments due to reduced tariffs and increased market access in Morocco.
Moroccan Demand for Electric Guitars Surges, US Suppliers Benefit
Rising interest in Western music genres in Morocco has led to a spike in demand for electric guitars and amplifiers. US manufacturers have reported a 15% increase in sales to Moroccan distributors over the past year.
2023-09-22
Impact: Increased export opportunities for US manufacturers of electric musical instruments, strengthening trade ties with Morocco.
Recent global shipping delays have affected the timely delivery of electric musical instruments from the US to Morocco. Smaller US exporters have faced higher costs and inventory issues, temporarily slowing trade.
2023-08-10
Impact: Negative short-term impact on trade flow due to logistics bottlenecks, potentially increasing costs for US exporters and Moroccan importers.
Policy Updates
Extension of US-Morocco FTA Provisions for Musical Instruments
The US and Morocco have agreed to extend specific provisions of their Free Trade Agreement, maintaining zero tariffs on electric musical instruments (HS Code 9207) for an additional five years to encourage bilateral trade in cultural goods.
