Applicable if imported from a CARICOM member state under the CARICOM Single Market and Economy (CSME) agreement. Not applicable for imports from the United States.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Increased Demand for Racket Strings in Barbados Boosts US Exports
Barbados has seen a surge in demand for tennis and badminton racket strings, leading to a 20% increase in imports from the United States in Q3 2023. This growth is attributed to rising participation in racquet sports across the island.
2023-10-15
Impact: Positive for US exporters as Barbados becomes a growing market for racket strings under HS Code 9506.59, potentially increasing trade volume.
A recent bilateral trade discussion between the US and Barbados has streamlined customs processes for sports equipment, including racket strings, leading to faster delivery times and reduced costs for exporters.
2023-09-05
Impact: Encourages smoother trade operations and may lower costs for US exporters, enhancing competitiveness in the Barbadian market.
Barbados Retailers Report Quality Concerns with US Racket Strings
Some Barbadian retailers have raised concerns over the durability of certain US-made racket strings, prompting discussions for stricter quality checks before import.
2023-08-20
Impact: Potential risk for US exporters if quality standards are not addressed, which could lead to reduced demand or additional compliance costs.
Policy Updates
Barbados Reduces Import Tariff on Sports Equipment
Barbados has announced a reduction in import tariffs on sports equipment, including racket strings (HS Code 9506.59), from 15% to 10% as part of an initiative to promote sports development. This policy is effective from September 1, 2023.
