Stable with slight increase of 3% from previous year
Special Rates
Preferential Rate under SADC-US Trade Agreement
0%
Applicable to goods originating from the US under specific trade agreements; requires Certificate of Origin.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-South Africa Trade Agreement Boosts Particle Board Exports
A recent bilateral trade agreement between the US and South Africa has reduced tariffs on particle board (HS Code: 4410.11), leading to a 15% increase in exports from South Africa to the US in the last quarter.
2023-10-15
Impact: This agreement is expected to strengthen South African particle board manufacturers' market access to the US, potentially increasing annual trade volume by $10 million.
US Imposes Quality Standards on Particle Board Imports from South Africa
The US Department of Commerce introduced stricter quality control measures for particle board imports under HS Code 4410.11, affecting South African exporters who must now comply with new certification requirements.
2023-09-05
Impact: South African exporters may face increased compliance costs and delays, potentially reducing short-term export volumes by 5-10% until certifications are met.
South African Particle Board Gains Traction in US Construction Sector
Due to rising demand for cost-effective building materials, US construction firms have increased imports of particle board (HS Code: 4410.11) from South Africa by 8% year-over-year.
2023-08-20
Impact: This trend is likely to bolster trade relations and encourage further investment in South Africa’s wood processing industry, with a projected growth in trade value of $5 million annually.
Policy Updates
US Tariff Reduction on Particle Board Imports
The US Trade Representative announced a temporary tariff reduction on particle board (HS Code: 4410.11) from South Africa, lowering the rate from 5% to 2% under the African Growth and Opportunity Act (AGOA) renewal discussions.
Date: 2023-10-10
South Africa Updates Export Regulations for Particle Board
South Africa’s Department of Trade, Industry and Competition introduced new export documentation requirements for particle board (HS Code: 4410.11) to ensure compliance with international environmental standards.
