Stable with slight increase of 2% compared to 2021
Special Rates
Preferential Rate under SADC-US Trade Agreement
0%
Applicable to goods originating from the United States under specific trade agreements; requires Certificate of Origin.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Increase in US Exports of Row Boats and Canoes to South Africa
Recent trade data shows a 20% increase in exports of row boats and canoes (HS Code 8903.10) from the United States to South Africa in Q3 2023, driven by growing demand for recreational watercraft in South African markets.
2023-10-15
Impact: This surge may strengthen trade ties and encourage US manufacturers to target South African markets, though it could face challenges if local production increases.
South African Retailers Report High Demand for US-Made Canoes
South African sporting goods retailers have noted a spike in consumer interest for US-made row boats and canoes, attributing it to their durability and design suited for local river conditions.
2023-09-22
Impact: Increased demand could lead to higher import volumes, benefiting US exporters but potentially prompting South Africa to impose stricter import regulations to protect local industries.
Logistics Challenges Impact US-South Africa Row Boat Trade
Shipping delays and rising container costs have affected the timely delivery of row boats and canoes from the US to South Africa, causing temporary stock shortages in key South African markets.
2023-08-30
Impact: These disruptions may reduce trade volumes in the short term and increase costs for importers, potentially affecting pricing and consumer demand.
Policy Updates
South Africa Revises Import Tariffs on Recreational Watercraft
South Africa has introduced a slight reduction in import tariffs for non-motorized recreational watercraft (HS Code 8903.10), including row boats and canoes, to encourage tourism-related imports. The new tariff rate is set at 5% down from 7%.
