Stable, with slight increase of 3% compared to 2021
Special Rates
Preferential Rate
0%
Applicable under CARICOM agreements or specific trade partnerships, subject to proof of origin and documentation.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Limited Trade Activity in Structural Units Between US and Cayman Islands
Recent trade data indicates minimal activity in the export or import of columns, pillars, posts, beams, girders, and similar structural units (HS Code: 7308) between the United States and the Cayman Islands. This reflects the small market size and limited construction demand in the Cayman Islands.
2023-10-15
Impact: Negligible impact on overall trade due to the small scale of transactions and lack of significant demand or supply chain dependencies.
US Construction Material Exports to Caribbean Region Remain Steady
While broader Caribbean trade in structural units (HS Code: 7308) from the US shows stability, specific data for the Cayman Islands remains scarce, with no notable shipments reported in the latest quarter.
2023-09-20
Impact: No direct impact on US-Cayman Islands trade in this category, as trade volume is insignificant compared to other regional partners.
Cayman Islands Infrastructure Projects Slow, Affecting Material Imports
A slowdown in infrastructure development in the Cayman Islands has led to reduced imports of construction materials, including structural units like beams and girders (HS Code: 7308), from the United States.
2023-08-05
Impact: Minor negative impact on US exporters, as the Cayman Islands represents a small fraction of the market for these goods.
Policy Updates
No Recent Tariff Changes for HS Code 7308 Between US and Cayman Islands
There have been no recent updates to tariffs or trade policies specifically affecting the trade of columns, pillars, posts, beams, girders, and similar structural units (HS Code: 7308) between the United States and the Cayman Islands. Standard trade agreements and regulations remain in place.
