United States to Cayman Islands Trade Analysis
for Other, radiation-hardened or radiation-tolerant goods as specified in subheading note 2 to this chapter
Detailed tariff information for Other, radiation-hardened or radiation-tolerant goods as specified in subheading note 2 to this chapter imports
Other, radiation-hardened or radiation-tolerant goods as specified in subheading note 2 to this chapter Tariff Rate
Stable (based on general electronics and specialized goods imports)
Special Rates
Preferential Rate
N/A
No preferential rates applicable for goods from the United States under current trade agreements.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Limited Trade Activity for Radiation-Hardened Goods Between US and Cayman Islands
Recent trade data indicates minimal activity in the export or import of radiation-hardened or radiation-tolerant goods (as per HS Code subheading note 2) between the United States and the Cayman Islands. The niche nature of these goods, primarily used in aerospace and defense, restricts significant trade volumes with smaller economies like the Cayman Islands.
October 2023
Impact: Negligible impact on overall trade relations due to the specialized application of these goods and lack of demand or production capacity in the Cayman Islands.
US Export Controls Tighten on High-Tech Goods Including Radiation-Hardened Items
The US Department of Commerce has reinforced export controls on high-tech goods, including radiation-hardened or radiation-tolerant items, to non-strategic partners. While the Cayman Islands is not a primary focus, any potential trade in such goods would face stringent licensing requirements.
September 2023
Impact: Potential delays or restrictions on any future trade of these goods to the Cayman Islands, though current trade levels remain insignificant.
Cayman Islands as a Financial Hub Unlikely to Engage in High-Tech Goods Trade
Analysts note that the Cayman Islands, primarily a financial services hub, has little to no industrial or technological infrastructure to support trade in specialized goods like radiation-hardened items. Trade with the US in this category remains virtually non-existent.
August 2023
Impact: No immediate or foreseeable impact on trade dynamics for radiation-hardened goods due to structural economic differences.
Policy Updates
US Export Administration Regulations Update
The US Bureau of Industry and Security (BIS) updated the Export Administration Regulations (EAR), reinforcing controls on high-technology items, including radiation-hardened or radiation-tolerant goods under specific HS Codes. Exporters must obtain licenses for shipments to non-allied countries, which could include the Cayman Islands if trade were to occur.
