Stable with slight increase of 2% from previous year
Special Rates
CARICOM Preferential Rate
0%
Applicable to imports from CARICOM member states; does not apply to imports from the United States.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Increases Exports of Open-End Wrenches to Antigua and Barbuda
Recent trade data shows a 12% increase in U.S. exports of open-end, box, and combination wrenches (HS Code: 8204.11) to Antigua and Barbuda, driven by rising demand in the construction sector.
2023-10-15
Impact: This surge strengthens bilateral trade ties and supports U.S. tool manufacturers with a growing market in the Caribbean.
Antigua and Barbuda Importers Seek U.S. Tool Suppliers
Local businesses in Antigua and Barbuda are actively seeking U.S. suppliers for high-quality open-end and box wrenches due to ongoing infrastructure projects.
2023-09-20
Impact: Potential for long-term contracts and increased U.S. export volumes in this category.
Trade Fair Highlights U.S. Tool Exports to Caribbean Markets
A recent trade fair in Miami showcased U.S.-made open-end and combination wrenches, with Antigua and Barbuda representatives expressing interest in bulk purchases.
2023-08-05
Impact: Enhanced visibility for U.S. products could lead to higher trade volumes and new business partnerships.
Policy Updates
U.S.-Caribbean Trade Agreement Review
The U.S. Trade Representative announced a review of the Caribbean Basin Initiative (CBI), which includes Antigua and Barbuda, potentially affecting duty-free access for certain tools like open-end wrenches (HS Code: 8204.11).
Date: 2023-07-10
Antigua and Barbuda Updates Import Tariffs
Antigua and Barbuda revised import tariffs on industrial tools, maintaining favorable rates for U.S.-origin open-end and box wrenches to encourage trade under existing agreements.
