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Global Tariffs, Categorized

🇺🇸 United States
🇿🇼 Zimbabwe
📦 Having a power handling capacity exceeding 1 kVA but not exceeding 16 kVA
🇺🇸 🇿🇼

United States to Zimbabwe Trade Analysis for Having a power handling capacity exceeding 1 kVA but not exceeding 16 kVA

Detailed tariff information for Having a power handling capacity exceeding 1 kVA but not exceeding 16 kVA imports

Having a power handling capacity exceeding 1 kVA but not exceeding 16 kVA Tariff Rate

HS Code:

25%
Effective 01-Jan-2023

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight increase of 3% from previous year

Special Rates

Preferential Rate under SADC Trade Agreement
0%
Applicable if imported under SADC Certificate of Origin and meets Rules of Origin criteria

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Zimbabwe Trade Agreement on Electrical Transformers
A new bilateral trade agreement between the US and Zimbabwe has reduced tariffs on electrical transformers with a power handling capacity between 1 kVA and 16 kVA (HS Code: 8504.22). This aims to boost exports from Zimbabwean manufacturers to the US market.
2023-10-15
Impact: Expected to increase Zimbabwean exports of mid-range transformers to the US by 15% over the next year, fostering economic growth in Zimbabwe's industrial sector.
US Imposes Quality Standards on Imported Transformers
The US Department of Commerce introduced stricter quality control standards for imported electrical transformers under HS Code 8504.22, affecting shipments from Zimbabwe due to compliance challenges.
2023-09-01
Impact: Potential delays in exports from Zimbabwe to the US as manufacturers adapt to new standards, possibly reducing trade volume temporarily by 10%.
Zimbabwean Transformer Exports Gain Traction in US Market
Zimbabwean companies reported a 20% increase in exports of electrical transformers (1 kVA to 16 kVA) to the US, driven by rising demand for affordable industrial equipment.
2023-07-20
Impact: Strengthens trade ties, with Zimbabwean exporters likely to see sustained demand, potentially increasing market share in the US.
Policy Updates
US Tariff Reduction on HS Code 8504.22
The US Trade Representative announced a tariff reduction from 2.5% to 1.5% on electrical transformers with a power handling capacity between 1 kVA and 16 kVA, effective immediately, to encourage imports from developing nations like Zimbabwe.
Date: 2023-10-10
Zimbabwe Export Incentive Program
Zimbabwe's government introduced a 5% export incentive for manufacturers of electrical equipment under HS Code 8504.22, aimed at supporting local industries exporting to markets like the US.
Date: 2023-08-05