Stable with slight increase of 3% from previous year
Special Rates
Preferential Rate under CARICOM-US Trade Agreements
0%
Applicable to qualifying goods under the Caribbean Basin Initiative (CBI) with proper documentation and certificate of origin.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Exports of Process Control Instruments to Belize See Modest Growth
Recent trade data indicates a slight increase in U.S. exports of process control instruments and apparatus (HS Code: 9032) to Belize, driven by demand in industrial automation sectors.
October 15, 2023
Impact: This growth may encourage U.S. manufacturers to target Belize as a niche market for specialized equipment, potentially increasing bilateral trade volumes.
Belize Increases Import of U.S. Automation Equipment
Belizean industries, particularly in agriculture and manufacturing, have ramped up imports of U.S.-made process control instruments to enhance operational efficiency.
September 20, 2023
Impact: Strengthens trade ties between the U.S. and Belize, with potential for long-term contracts and partnerships in technology sectors.
Trade Mission Highlights Opportunities for U.S. Instrument Manufacturers in Belize
A U.S. trade mission to Belize identified process control instruments as a key area for export growth, citing Belize's need for modern industrial tools.
August 5, 2023
Impact: Could lead to increased U.S. exports and collaborative ventures, though market size in Belize remains limited compared to larger trade partners.
Policy Updates
Belize Revises Import Tariffs on Industrial Equipment
Belize has reduced tariffs on certain industrial equipment, including process control instruments (HS Code: 9032), to encourage modernization of local industries under a new economic development plan.
Date: September 1, 2023
U.S.-Belize Trade Agreement Review
The U.S. and Belize are reviewing aspects of their trade agreements under the Caribbean Basin Initiative, with discussions including duty-free access for specific categories like process control apparatus.
