Explore Every Avenue to Uncover Potential Duty Savings

August 20, 2012
By Michelle Kelley

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Everyone likes to save money. Why else would a global trade professional spend their time on free trade agreements like NAFTA? If your products qualify for duty free treatment, it’s a no-brainer. But chances are, even if your company is taking advantage of NAFTA, you may be missing out on other opportunities for duty savings.

Besides NAFTA, here are 16 other U.S. trade programs that could yield substantial duty savings for your company if your goods qualify.

We’ve listed the countries covered under each program for your convenience. The countries listed under Generalized System of Preferences may change from year to year. Countries listed are current as of August 2012. Each program has specific requirements that must be met in order to qualify for benefits. When dealing with these programs, always consult with your customs broker to ensure compliance with all U.S. Customs and government regulations.

For more information see the U.S. Trade Representative’s website atwww.ustr.gov/trade-agreements.

African Growth & Opportunity Act
Angola
Benin
Botswana
Burkina Faso
Burundi
Cameroon
Cape Verde
Chad
Comoros
Congo
Congo
Cote d’Ivoire
Djibouti
Ethiopia
Gabonese
Gambia, The
Ghana
Guinea
Guinea-Bissau
Kenya
Lesotho
Liberia
Malawi
Mali
Mauritania
Mauritius
Mozambique
Namibia
Niger
Nigeria
Rwanda
Sao Tome and Principe
Senegal
Seychelles
Sierra Leone
South Africa
Swaziland
Tanzania
Togo
Uganda
Zambia

Andean Trade Preference Act/Andean Promotion and Drug Eradication Act
Bolivia
Colombia
Ecuador
Peru

Australia Free Trade Agreement
Australia

Bahrain Free Trade Agreement
Bahrain

Dominican Republic-Central America Free Trade Agreement
Costa Rica
Dominican Republic
El Salvador
Guatemala
Honduras
Nicaragua

Caribbean Basin Trade Partnership Act

Aruba
The Bahamas
Barbados
Belize
British Virgin Islands
The Organization of Eastern Caribbean States
Guyana
Haiti
Jamaica
Netherlands Antilles
Panama
Trinidad and Tobago

Chile Free Trade Agreement
Chile

Colombia Trade Agreement
Colombia

Generalized System of Preferences
Introduction
Guidebook [pdf]
Afghanistan
Albania
Algeria
Angola
Argentina
Armenia
Bangladesh
Belize
Benin
Bhutan
Bolivia
Bosnia and Herzegovina
Botswana
Brazil
Burkina Faso
Burundi
Cambodia
Cameroon
Cape Verde
Central African Republic
Chad
Colombia
Comoros
Congo (Brazzaville)
Congo (Kinshasa)
Costa Rica
Côte d’Ivoire
Croatia
Djibouti
Dominica
Dominican Republic
East Timor
Ecuador
Egypt
Equatorial Guinea
Eritrea
Ethiopia
Fiji
Gabon
Gambia, The
Georgia
Ghana
Grenada
Guinea
Guinea-Bissau
Guyana
Haiti
India
Indonesia
Iraq
Jamaica
Jordan
Kazakhstan
Kenya
Kiribati
Kyrgyzstan
Lebanon
Lesotho
Liberia
Macedonia, Former
Madagascar
Malawi
Mali
Mauritania
Mauritius
Moldova
Mongolia
Mozambique
Namibia
Nepal
Niger
Nigeria
Oman
Pakistan
Panama
Papua New Guinea
Paraguay
Peru
Philippines
Republic of Yemen
Russia
Rwanda
Saint Lucia
Saint Vincent and
Samoa
Sao Tomé and Principe
Senegal
Serbia and Montenegro
Seychelles
Sierra Leone
Solomon Islands
Somalia
South Africa
Sri Lanka
St. Kitts and Nevis
Suriname
Swaziland
Tanzania
Thailand
the Grenadines
Togo
Tonga
Trinidad and Tobago
Tunisia
Turkey
Tuvalu
Uganda
Ukraine
Uruguay
Uzbekistan
Vanuatu
Venezuela
Yugoslav, Republic of
Zambia
Zimbabwe

Israel Free Trade Agreement
Israel

Jordan Free Trade Agreement
Jordan

Korea Free Trade Agreement
Republic of Korea

Morocco Free Trade Agreement
Morocco

North American Free Trade Agreement (NAFTA)
Canada
Mexico

Oman Free Trade Agreement
Oman

Peru Trade Promotion Agreement 
Peru

Singapore Free Trade Agreement
Singapore

Image source: http://www.sxc.hu/photo/714021

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