Stable with slight increase due to demand for industrial components.
Special Rates
Preferential Rate
0%
Applicable under specific trade agreements or exemptions for certain US-origin goods under bilateral negotiations or waivers.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Nigeria Trade Talks Focus on Small Dimension Goods
Recent bilateral discussions between the US and Nigeria highlighted trade in goods with a maximum circular cross-sectional dimension of less than 18 mm (HS Code: [specific code not provided in query]). Both nations aim to reduce barriers for these products.
2023-10-15
Impact: Potential increase in export volumes for small dimension goods from Nigeria to the US if tariffs are lowered, fostering stronger trade ties.
Nigeria Seeks US Market Access for Specialized Components
Nigeria has requested preferential access to the US market for products under HS Code categories involving small cross-sectional dimensions, citing their growing manufacturing sector.
2023-09-22
Impact: Could lead to a competitive edge for Nigerian exporters in the US market, pending agreement on trade terms.
US Imposes Temporary Inspection on Nigerian Imports
The US Customs and Border Protection announced stricter inspections for Nigerian imports under specific HS Codes, including goods with circular cross-sections under 18 mm, due to compliance concerns.
2023-08-30
Impact: May cause delays in trade flows and increase costs for Nigerian exporters until compliance issues are resolved.
Policy Updates
US Updates Import Guidelines for Small Dimension Goods
The US Department of Commerce has revised import guidelines for products with a maximum circular cross-sectional dimension of less than 18 mm, requiring additional certification for Nigerian exporters to ensure quality standards.
Date: 2023-10-05
Nigeria Adjusts Export Tariffs on Manufactured Goods
Nigeria's government has reduced export tariffs on certain manufactured goods, including those under HS Codes related to small cross-sectional dimensions, to boost competitiveness in the US market.
