Applicable under the African Growth and Opportunity Act (AGOA) for qualifying goods from the United States.
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Last updated: 1 year ago
News and Updates
Recent News
United States Increases Import of Animal Fats from Seychelles
Recent trade data shows a 20% increase in imports of other animal fats and oils (HS Code: 1506) from Seychelles to the United States in Q3 2023, driven by demand in the cosmetics and food industries.
2023-10-15
Impact: This surge may strengthen bilateral trade ties and encourage further investment in Seychelles' processing facilities.
Seychelles Exporters Face Logistics Challenges in Animal Fats Trade with U.S.
Seychelles exporters of animal fats and oils reported delays in shipments to the United States due to port congestion and limited shipping routes, impacting delivery timelines.
2023-09-05
Impact: Trade volumes may temporarily decline until logistical bottlenecks are resolved, potentially increasing costs for U.S. buyers.
U.S. and Seychelles Discuss Trade Expansion for Specialty Oils
During a bilateral trade meeting, representatives from the U.S. and Seychelles explored opportunities to expand trade in niche products like animal fats and oils for industrial use.
2023-08-20
Impact: Potential agreements could lead to increased export quotas for Seychelles, boosting trade in this category.
Policy Updates
U.S. Revises Import Tariffs on Animal Fats and Oils
The U.S. Trade Representative announced a slight reduction in tariffs on other animal fats and oils (HS Code: 1506) from certain African nations, including Seychelles, under the African Growth and Opportunity Act (AGOA) to promote trade.
