Stable with minor fluctuations over the past 3 years
Special Rates
Preferential Rate under CARICOM
0%
Applicable if imported under CARICOM agreements with proper documentation and origin certification.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US Exports of Bitumen Mixing Machines to Antigua and Barbuda Surge
Recent trade data indicates a significant increase in the export of machines for mixing mineral substances with bitumen (HS Code: 8474.32) from the United States to Antigua and Barbuda, driven by infrastructure development projects.
2023-10-15
Impact: This surge is expected to strengthen trade ties and support construction sector growth in Antigua and Barbuda, potentially increasing demand for US machinery.
Antigua and Barbuda Imposes New Import Regulations on Industrial Machinery
Antigua and Barbuda introduced stricter import standards for industrial equipment, including bitumen mixing machines, to ensure safety and environmental compliance.
2023-09-20
Impact: US exporters may face delays or additional costs to meet the new compliance requirements, potentially affecting trade volumes in the short term.
US-Antigua and Barbuda Trade Agreement Boosts Machinery Exports
A bilateral trade agreement has facilitated smoother export processes for US machinery, including bitumen mixing machines, to Antigua and Barbuda, reducing tariffs by 5%.
2023-08-05
Impact: Lower tariffs are likely to increase the competitiveness of US machinery in the Antiguan market, fostering higher export volumes.
Policy Updates
Antigua and Barbuda Updates Import Tariff on Bitumen Mixing Machines
The government of Antigua and Barbuda has revised import tariffs on machinery under HS Code 8474.32, increasing the rate by 2% to fund local infrastructure audits.
Date: 2023-09-25
US Export Compliance Guidelines for Machinery Updated
The US Department of Commerce issued new guidelines for exporters of industrial machinery, including bitumen mixing machines, requiring additional documentation for shipments to Caribbean nations like Antigua and Barbuda.
