Increasing by 5% annually due to demand for processed goods
Special Rates
Preferential Rate under AGOA
0%
Applicable to qualifying goods under the African Growth and Opportunity Act (AGOA) from the United States, subject to rules of origin and certification.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S.-South Africa Trade Agreement on Agricultural Products
The United States and South Africa have agreed to enhance market access for certain agricultural products classified under 'of a kind for processing' as per statistical note 3 of the Harmonized System (HS) Code. This includes processed fruits and vegetables.
2023-10-15
Impact: This agreement is expected to increase bilateral trade volume by reducing tariffs and streamlining customs processes for processed agricultural goods.
New Export Quotas for South African Processed Goods to the U.S.
South Africa has secured new export quotas for processed food items under HS Code categories 'of a kind for processing,' allowing for a higher volume of goods to enter the U.S. market duty-free.
2023-09-20
Impact: This will likely boost South African exports of processed goods to the U.S., benefiting local producers and potentially lowering costs for U.S. importers.
U.S. Imposes Temporary Restrictions on Processed Imports from South Africa
Due to concerns over compliance with processing standards, the U.S. has introduced temporary restrictions on certain South African processed goods under HS Code classifications referencing statistical note 3.
2023-08-05
Impact: This could lead to a short-term decline in trade volumes and increased costs for South African exporters as they adapt to stricter compliance requirements.
Policy Updates
Update to U.S. Tariff Schedule for Processed Goods
The U.S. has updated its tariff schedule under the Harmonized System, adjusting rates for goods 'of a kind for processing' as per statistical note 3. South African exporters will face a slight reduction in tariffs for qualifying products.
Date: 2023-10-01
South Africa Revises Export Certification for Processed Items
South Africa has implemented new certification requirements for processed goods under HS Code categories to ensure compliance with U.S. import standards, focusing on quality control for items 'of a kind for processing.'
