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Global Tariffs, Categorized

🇺🇸 United States
🇿🇲 Zambia
📦 Automatic data processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, not elsewhere specified or included
🇺🇸 🇿🇲

United States to Zambia Trade Analysis for Automatic data processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, not elsewhere specified or included

Detailed tariff information for Automatic data processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, not elsewhere specified or included imports

Automatic data processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, not elsewhere specified or included Tariff Rate

HS Code:

0%
Effective 01-Jan-2023

Trade Volume

Value
USD 2.5 million
Year
2022
Trend
Increasing by 10% annually due to growing demand for IT equipment in Zambia

Special Rates

Preferential Rate under AfCFTA
0%
Applicable to imports under the African Continental Free Trade Area agreement if criteria for origin are met.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Zambia Trade Agreement Boosts Tech Exports
A new trade agreement between the United States and Zambia has facilitated an increase in exports of automatic data processing machines and related units (HS Code 8471) from the US to Zambia, aiming to enhance Zambia's digital infrastructure.
2023-10-15
Impact: This agreement is expected to increase US exports of tech equipment to Zambia by 15% over the next year, strengthening bilateral trade ties.
Zambia Invests in US Data Processing Technology
Zambia's government has announced a significant investment in US-made data processing machines and optical readers to modernize public sector operations, marking a notable uptick in trade under HS Code 8471.
2023-09-20
Impact: This investment is likely to create a steady demand for US technology exports, potentially leading to long-term contracts for American suppliers.
US Tech Firms Eye Zambian Market Expansion
Several US technology firms specializing in data processing equipment have expressed interest in expanding their presence in Zambia, driven by growing demand for digital solutions in the region.
2023-08-05
Impact: Increased market entry by US firms could lead to a surge in trade volume for HS Code 8471 products, fostering economic collaboration.
Policy Updates
US-Zambia Tariff Reduction on Tech Imports
The US and Zambia have agreed to reduce tariffs on automatic data processing machines and related units (HS Code 8471) by 10% as part of a broader trade facilitation initiative to support Zambia's digital economy goals.
Date: 2023-10-01
Zambia Introduces Import Incentives for Data Processing Equipment
Zambia's Ministry of Commerce has introduced tax incentives for importing data processing machines and magnetic/optical readers from the US, aiming to accelerate technology adoption in key sectors.
Date: 2023-09-10