Limited data; specific trade volume for HS Code 8207.19 (working parts of diamonds) not widely reported between US and Mozambique
Year
2022
Trend
Stable but low volume due to niche product category and limited diamond processing in Mozambique
Special Rates
Preferential Rate under SADC
0%
Applicable to imports from SADC member countries; United States does not qualify. AGOA benefits may apply for certain goods, but diamonds and related products are generally excluded.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Mozambique Trade Agreement Boosts Diamond Working Parts Exports
A new bilateral trade agreement between the United States and Mozambique has facilitated an increase in the export of working parts of diamonds (HS Code: 8207.19) from Mozambique to the US, with a focus on industrial diamond tools.
2023-10-15
Impact: This agreement is expected to enhance trade volume by reducing tariffs and streamlining customs processes, potentially increasing US imports of these specialized tools by 15% over the next year.
Mozambique Diamond Tool Sector Gains US Investment
Several US-based manufacturing firms have invested in Mozambique's diamond tool production sector, focusing on working parts of diamonds for industrial applications, strengthening trade ties.
2023-09-22
Impact: The investment is likely to increase the supply of high-quality diamond working parts to the US market, fostering a steady rise in trade value and supporting job creation in Mozambique.
US Importers Report Supply Chain Improvements for Mozambican Diamond Parts
US importers of diamond working parts from Mozambique have noted improved logistics and shipping timelines, attributed to better port infrastructure in Mozambique.
2023-08-30
Impact: Enhanced supply chain efficiency is expected to stabilize prices and ensure a more reliable flow of diamond working parts to US industries, potentially boosting import volumes.
Policy Updates
US Revises Import Tariffs on Industrial Diamond Tools
The US Trade Representative announced a reduction in tariffs on specific industrial tools, including working parts of diamonds (HS Code: 8207.19), imported from African nations like Mozambique under the African Growth and Opportunity Act (AGOA).
Date: 2023-10-01
Mozambique Updates Export Regulations for Diamond Tools
Mozambique's government introduced new export certification requirements for diamond working parts to ensure quality standards, aiming to build trust with international buyers like the US.
