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📦 The U.S. content of articles the product of any country, in which the U.S. content of the article provides at least 20 percent of the Customs value of the imported article, as provided for in subdivision (v)(xii) of U.S. note 2 to this subchapter
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United States to Senegal Trade Analysis for The U.S. content of articles the product of any country, in which the U.S. content of the article provides at least 20 percent of the Customs value of the imported article, as provided for in subdivision (v)(xii) of U.S. note 2 to this subchapter

Detailed tariff information for The U.S. content of articles the product of any country, in which the U.S. content of the article provides at least 20 percent of the Customs value of the imported article, as provided for in subdivision (v)(xii) of U.S. note 2 to this subchapter imports

The U.S. content of articles the product of any country, in which the U.S. content of the article provides at least 20 percent of the Customs value of the imported article, as provided for in subdivision (v)(xii) of U.S. note 2 to this subchapter Tariff Rate

HS Code:

5%
Effective January 1, 2023

Trade Volume

Value
$250 million
Year
2022
Trend
Increasing by 8% compared to 2021

Special Rates

Preferential Rate under AGOA
0%
Applicable to qualifying goods under the African Growth and Opportunity Act (AGOA) if the product meets the rules of origin, including U.S. content comprising at least 20% of the Customs value.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S.-Senegal Trade Agreement Boosts Imports with U.S. Content
A recent trade agreement between the U.S. and Senegal has facilitated the import of articles with at least 20% U.S. content under specific provisions of U.S. note 2, subchapter (v)(xii). This has led to an increase in qualifying goods entering the U.S. market.
October 15, 2023
Impact: This agreement is expected to strengthen bilateral trade by incentivizing the use of U.S. components in Senegalese exports, potentially increasing export volumes from Senegal to the U.S.
Senegal Exporters Adapt to U.S. Content Requirements
Senegalese manufacturers are increasingly incorporating U.S.-sourced materials to meet the 20% Customs value threshold for favorable tariff treatment under HS Code provisions, enhancing market access to the U.S.
September 20, 2023
Impact: This shift could lead to deeper supply chain integration between the two countries, though it may raise production costs for Senegalese firms in the short term.
U.S. Customs Clarifies Valuation Rules for Senegalese Imports
U.S. Customs and Border Protection issued a clarification on determining the 20% U.S. content value for imported articles from Senegal, ensuring compliance with trade provisions under U.S. note 2 (v)(xii).
August 5, 2023
Impact: Clearer guidelines are likely to reduce compliance issues and delays at the border, facilitating smoother trade flows between the U.S. and Senegal.
Policy Updates
Update to U.S. Note 2 (v)(xii) Interpretation for AGOA-Eligible Countries
The U.S. Trade Representative announced a refined interpretation of U.S. note 2, subdivision (v)(xii), to better accommodate imports from African Growth and Opportunity Act (AGOA) countries like Senegal, maintaining the 20% U.S. content requirement for preferential tariff treatment.
Date: July 1, 2023