Stable with slight increase of 2% compared to 2021
Special Rates
Preferential Rate under SADC-US Trade Agreement
0%
Applicable to goods meeting SADC rules of origin and accompanied by a valid certificate of origin.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Namibia Trade Agreement on Halogenated Hydrocarbons
A new bilateral trade agreement between the United States and Namibia has been signed, focusing on the export of halogenated derivatives of hydrocarbons (HS Codes 2903.41 to 2903.48) from Namibia to the US, aiming to meet industrial demands.
2023-10-15
Impact: This agreement is expected to increase the volume of trade in these chemical substances, potentially lowering costs for US industries reliant on these materials while boosting Namibia's export economy.
Namibia Increases Production of Trichlorofluoromethane for US Market
Namibian chemical manufacturers have ramped up production of trichlorofluoromethane (HS Code 2903.41) to cater to rising demand in the United States, following relaxed import quotas.
2023-09-22
Impact: This surge in production could strengthen supply chains for US refrigeration and aerosol industries, though environmental concerns about these substances may lead to stricter regulations.
US Importers Seek Namibian Suppliers for Dichlorodifluoromethane
US companies are increasingly turning to Namibian suppliers for dichlorodifluoromethane (HS Code 2903.42) due to competitive pricing and stable supply amidst global shortages.
2023-08-30
Impact: This trend may diversify US supply sources, reducing dependency on traditional suppliers, but could face challenges if international environmental policies tighten.
Policy Updates
US Updates Import Tariffs on Halogenated Hydrocarbons
The US has revised import tariffs on halogenated derivatives of hydrocarbons (HS Codes 2903.41 to 2903.48), reducing rates for Namibian exports as part of a broader trade facilitation initiative.
Date: 2023-10-01
Namibia Aligns with International Environmental Standards
Namibia has adopted new environmental regulations in line with global standards for the production and export of halogenated hydrocarbons, affecting substances under HS Codes 2903.41 to 2903.48, to ensure sustainable trade practices with the US.
