Botswana export tariffs on solar modules

Does Botswana impose tariffs on electrical equipment?

Electrical machinery: Subject to 5% to 10% tariffs, depending on the equipment. Botswana imports most of its vehicles, both for personal and commercial use, from countries like South Africa and Japan. The country applies tariffs on these imports to regulate the automotive market and protect local vehicle assembly industries.

What is the tariff rate for imports from Botswana?

The current tariff rate for imports from Botswana is 15%. However, this rate can vary depending on the specific product category and any applicable trade agreements or exceptions. How do Botswana tariffs affect import costs? Botswana tariffs directly increase the cost of importing goods by 15% of the product value.

What are the tariffs imposed by Botswana in 2021?

Tariffs imposed by Botswana in 2021 are below. The maximum rate of tariff in percentage on any product is 294.84. The simple average tariff across all products is 7.79. The trade weighted average tariff is 0.95.

Why does Botswana have a tariff structure?

Botswana’s industrial sector is still developing, and as such, the country relies heavily on imports of machinery, equipment, and raw materials. The tariff structure for industrial goods is designed to encourage industrialization while protecting local manufacturers from foreign competition.