Definition
The customs union comprising South Africa, Botswana, Lesotho, Namibia and Eswatini, which share a common external tariff and pool customs revenue. Goods move duty-free between member states, and a common customs area applies at the external frontier. It is the world's oldest customs union and revenue is distributed under an agreed sharing formula.
Frequently asked questions
What is SACU (Southern African Customs Union)?
The customs union comprising South Africa, Botswana, Lesotho, Namibia and Eswatini, which share a common external tariff and pool customs revenue. Goods move duty-free between member states, and a common customs area applies at the external frontier. It is the world's oldest customs union and revenue is distributed under an agreed sharing formula.
Which glossary terms are related to SACU (Southern African Customs Union)?
SACU (Southern African Customs Union) is a regional trade term in the South African import/export industry. Related terms in the same area include AfCFTA Tariff Phase-Down, AGOA (African Growth and Opportunity Act), CBAM (Carbon Border Adjustment Mechanism), Certificate of Origin, COMESA (Common Market for Eastern and Southern Africa) — each has its own plain-English definition in the TradeCaravan glossary.