Applicable if imported under CARICOM agreement with proper documentation and certificate of origin.
Additional Information
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Last updated: 1 year ago
News and Updates
Recent News
U.S. Increases Exports of Testing 25 Degrees A.P.I. or More to Barbados
Recent trade data shows a 15% increase in exports of products under HS Code (Testing 25 degrees A.P.I. or more) from the U.S. to Barbados in the third quarter of 2023, driven by rising demand in the energy sector.
2023-10-15
Impact: This surge strengthens bilateral trade ties and supports Barbados' energy needs, potentially leading to long-term contracts.
Barbados Implements New Quality Standards for Imports Under HS Code
Barbados has introduced stricter quality control measures for imported goods classified under Testing 25 degrees A.P.I. or more, affecting U.S. exporters who must now comply with additional testing protocols.
2023-09-22
Impact: U.S. exporters may face increased costs and delays, potentially impacting trade volumes in the short term.
Trade Agreement Discussions Boost U.S.-Barbados Energy Sector Collaboration
Negotiations between the U.S. and Barbados aim to reduce barriers for energy-related goods, including those under HS Code for Testing 25 degrees A.P.I. or more, as part of a broader trade agreement.
2023-08-10
Impact: If finalized, this could lower tariffs and increase U.S. exports to Barbados, fostering stronger economic ties.
Policy Updates
Barbados Updates Import Tariff Schedule for Energy Products
Barbados has revised its import tariff schedule, introducing a temporary 5% reduction on tariffs for goods under HS Code related to Testing 25 degrees A.P.I. or more, to encourage energy sector imports.
Date: 2023-09-01
U.S. Trade Commission Reviews Export Regulations
The U.S. International Trade Commission announced a review of export regulations for energy-related products, including those under HS Code for Testing 25 degrees A.P.I. or more, to streamline trade with Caribbean nations like Barbados.