Increasing by 10% annually due to growing demand for U.S. goods in Somalia.
Special Rates
Preferential Rate
0%
Applicable under the African Growth and Opportunity Act (AGOA) for qualifying goods from the United States, subject to compliance with rules of origin.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Increases Export Controls on Lightweight Equipment to Somalia
The U.S. Department of Commerce has introduced stricter export controls on certain lightweight equipment, including items not designed for use with a motor and weighing under 100 kg (HS Code unspecified), to Somalia due to security concerns.
2023-10-15
Impact: This may reduce the volume of such exports from the U.S. to Somalia, requiring exporters to obtain additional licenses, potentially increasing costs and delays.
Somalia Seeks Trade Agreements for Lightweight Goods with U.S.
Somalia's Ministry of Commerce has initiated talks with U.S. officials to facilitate the import of lightweight non-motorized equipment under 100 kg, aiming to support local infrastructure projects.
2023-09-22
Impact: If successful, this could lead to streamlined trade processes and increased imports of these goods to Somalia, benefiting U.S. exporters.
U.S. Aid Package Includes Lightweight Equipment for Somalia
As part of a humanitarian aid package, the U.S. has shipped lightweight non-motorized equipment (net weight under 100 kg) to Somalia to assist in agricultural development.
2023-08-10
Impact: This aid shipment temporarily boosts the flow of such goods to Somalia outside regular commercial trade channels, potentially influencing market demand.
Policy Updates
U.S. Export License Requirement for Somalia
The U.S. Bureau of Industry and Security has updated export regulations, mandating a specific license for lightweight non-motorized equipment (net weight under 100 kg) destined for Somalia, citing national security concerns.