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Investor Presentaiton

tralac Central African Republic: Intra-Africa trade and tariff profile Trade Data Update, Issue No. 23 | September 2018 soups and broths, food preparations, frozen beef and fish, sugar and rice. The top 10 import products account for 40% of CAR's intra-African imports. CAR mainly trades with Cameroon and Benin; 67% of CAR's total intra-African trade (exports + imports) are with these two countries - Cameroon as the main source country and Benin as the main destination. Other trading partners include Chad (8% of total trade), South Africa (5%) and Congo (4%). 92% of CAR's intra-Africa exports are to Benin (63%) and Chad (29%). Other destination markets include Cameroon, Congo and Senegal. 66% of CAR's intra-Africa imports are sourced from Cameroon. Other source countries include South Africa (7%), Senegal (5%) and Congo (5%). Intra-Africa import tariffs CAR is part of three RECs; however, the free-trade agreements of CEN-SAD and ECCAS are not yet in place. In terms of CEMAC, CAR levies the intra-CEMAC generalised preferential tariff on imports from other CEMAC members (duty-free) and the CEMAC CET on imports from outside the CEMAC region. The CEMAC CET is the MFN applied tariff of CAR. This means that goods imported from ECCAS and CEN-SAD member states which are not members of CEMAC (including Benin, Senegal, Mauritania and Ivory Coast) are levied the CEMAC CET. The highest average ad valorem applied tariff is 30% and there are no specific duties. The 30% tariff is applicable to numerous tariff lines, including articles of clothing and apparel, headgear, umbrellas, meat and fish preparations, clocks and watches and cocoa and cocoa preparations. Table 2: CAR's imports from Africa excluding CEMAC countries HS Code Product description 240319 Smoking tobacco 2017 (US$m) 3.47 Applicable tariff 10% or 30% depending on the national tariff line 630622 Tents of synthetic fibres 3.47 30% 847989 Machines and mechanical appliances, not elsewhere specified 3.03 10% 610990 T-shirts 1.13 30% 271320 Petroleum bitumen 1.03 10% 030371 Frozen sardines 0.75 20% 930690 Bombs and other ammunition and projectiles 0.71 30% 630619 Tarpaulins, awnings and sunblinds 0.70 30% 481920 Folding cartons, boxes and cases, of non-corrugated paper or paperboard 0.56 10% 730890 Structures and parts of structures, of iron or steel, not elsewhere specified Source: ITC TradeMap (2018) and WTO Tariff Database (2018) 0.50 20% 3
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