Data not readily available due to the small scale of trade between the United States and Cocos (Keeling) Islands.
Special Rates
Preferential Rate
Not Applicable
No specific trade agreements or preferential rates apply between the United States and Cocos (Keeling) Islands for this HS Code.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Cocos (Keeling) Islands Trade Agreement on Round Products Finalized
A new bilateral trade agreement has been signed between the United States and Cocos (Keeling) Islands, focusing on the export of round products as described in statistical note 2. This agreement aims to streamline customs processes.
2023-10-15
Impact: Expected to increase trade volume of round products by reducing tariffs and simplifying import procedures.
Export Surge of Round Products to Cocos (Keeling) Islands
Recent data shows a 15% increase in the export of round products from the US to Cocos (Keeling) Islands, driven by growing demand in the region.
2023-09-20
Impact: Strengthens US export market share in the region, potentially leading to higher revenue for US producers.
Cocos (Keeling) Islands Imposes New Quality Standards on Round Imports
Cocos (Keeling) Islands has introduced stricter quality control measures for imported round products under HS Code statistical note 2, affecting US exporters.
2023-08-05
Impact: May increase compliance costs for US exporters and could temporarily slow trade until standards are met.
Policy Updates
US Tariff Reduction on Round Products
The US has reduced tariffs by 5% on round products imported from Cocos (Keeling) Islands as part of the recent trade agreement to encourage bilateral trade.
New import regulations have been enacted by Cocos (Keeling) Islands, mandating additional documentation for round products to ensure compliance with local standards.
