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Global Tariffs, Categorized

🇺🇸 United States
🇸🇳 Senegal
📦 With a maximum cross-sectional dimension of 3 mm or less
🇺🇸 🇸🇳

United States to Senegal Trade Analysis for With a maximum cross-sectional dimension of 3 mm or less

Detailed tariff information for With a maximum cross-sectional dimension of 3 mm or less imports

With a maximum cross-sectional dimension of 3 mm or less Tariff Rate

HS Code:

20%
Effective January 1, 2023

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with minor fluctuations

Special Rates

Preferential Rate
0%
Applicable under the African Growth and Opportunity Act (AGOA) if the product meets origin criteria and documentation requirements.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Senegal Trade Agreement Boosts Small Dimension Goods
A new bilateral trade agreement between the United States and Senegal has reduced tariffs on goods with a maximum cross-sectional dimension of 3 mm or less under HS Code classification, promoting exports of micro-components and small machinery parts.
2023-10-15
Impact: Expected to increase trade volume by 15% for micro-dimension products, benefiting US exporters of precision tools and Senegalese manufacturers of small-scale electronics.
Senegal Increases Imports of US Micro-Components
Senegal's demand for US-made micro-components (HS Code for items with cross-sectional dimension <3 mm) has surged due to growth in local tech industries, with imports rising by 10% in the last quarter.
2023-09-20
Impact: Strengthens US export market in West Africa, potentially leading to long-term supply contracts for American manufacturers.
Logistics Challenges Impact US-Senegal Trade of Small Goods
Shipping delays at Dakar port have affected the timely delivery of small-dimension goods (HS Code for <3 mm) from the US to Senegal, causing a temporary backlog of orders.
2023-08-05
Impact: May lead to short-term trade disruptions, with potential cost increases for US exporters and Senegalese importers if delays persist.
Policy Updates
US-Senegal Tariff Reduction on Micro-Dimension Goods
The US and Senegal have agreed to a 5% tariff reduction on goods with a maximum cross-sectional dimension of 3 mm or less under relevant HS Codes, effective from October 1, 2023, to encourage trade in precision components.
Date: 2023-10-01