Source: UN Comtrase as they might have appeared.
“Most of the rent from apparel preferences goes to the Asian investors and importers in the US,” said the report.
The largest beneficiary is Kenya, but Kenya’s growing clothing exports to the US have been matched dollar for dollar by imports of the textiles being used (see graphic).
The US Government Accountability Office studied Agoa’s effects in the run-up to the US Congress’ renewal of the programme last year.
It concluded that the economic impact was “difficult to isolate”.
The most recent study of Agoa came from the University of Nebraska’s Addisalem Zenebe et al, published in the Journal of International Agricultural Trade and Development last year.
Zenebe and co-authors found Agoa’s effect on agricultural trade “statistically insignificant”.
“In general, Agoa preferences are only applied to agricultural products that do not compete with goods produced in the US.”
– Dewald van Rensburg