Applicable to goods originating from SADC member states under the SADC Trade Protocol, subject to certificate of origin.
Additional Information
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Last updated: 1 year ago
News and Updates
Recent News
US-Namibia Trade Agreement Boosts Control Valve Exports
A recent bilateral trade agreement between the United States and Namibia has reduced tariffs on industrial equipment, including control valves for proportional operation (HS Code: 8481.80). US exports to Namibia saw a 12% increase in the last quarter.
2023-10-15
Impact: Positive impact on US exporters due to lower tariffs and increased demand for control valves in Namibia's mining and energy sectors.
Namibia Increases Import Demand for US Control Valves
Namibia's growing industrial sector has led to a surge in demand for advanced control valves from the US, with imports rising by 8% year-over-year as reported by the Namibian Ministry of Trade.
2023-09-22
Impact: Encourages US manufacturers to target the Namibian market, potentially increasing export volumes and strengthening trade ties.
Supply Chain Delays Affect US Control Valve Shipments to Namibia
Global supply chain disruptions have delayed shipments of control valves from the US to Namibia, causing a temporary 5% drop in trade volume for this category in the past month.
2023-08-10
Impact: Negative short-term impact on trade flow, with potential for backlog and increased costs for Namibian importers.
Policy Updates
US-Namibia Tariff Reduction on Industrial Valves
Under a new trade facilitation agreement, tariffs on control valves (HS Code: 8481.80) imported from the US to Namibia have been reduced by 3%, effective immediately, to promote industrial cooperation.
Date: 2023-10-01
Namibia Implements Stricter Import Standards for Control Valves
Namibia has introduced new quality and safety standards for imported control valves, requiring additional certification for US exporters to ensure compliance with local regulations.
