Applicable under specific trade agreements or for goods meeting origin criteria under the Caribbean Basin Initiative (CBI) if conditions are met.
Additional Information
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Last updated: 1 year ago
News and Updates
Recent News
US Increases Exports of Voltage Regulators to Curaçao Amid Rising Demand
The United States has seen a 20% increase in exports of automatic voltage and voltage-current regulators (HS Code: 9032.89) to Curaçao in Q3 2023, driven by infrastructure upgrades in the island's energy sector.
2023-10-15
Impact: This surge in exports strengthens trade ties and supports Curaçao's energy modernization efforts, potentially leading to long-term contracts for US suppliers.
Curaçao Implements New Quality Standards for Imported Voltage Regulators
Curaçao introduced stricter quality and safety standards for imported voltage regulators, affecting US exporters who must now comply with additional certification requirements.
2023-09-05
Impact: US exporters may face temporary delays and increased compliance costs, potentially impacting the volume of trade in the short term.
Trade Agreement Discussions Boost US-Curaçao Voltage Regulator Market
Recent bilateral trade discussions between the US and Curaçao have included provisions to streamline the export process for electrical equipment, including voltage regulators.
2023-08-20
Impact: If finalized, the agreement could reduce tariffs and bureaucratic hurdles, potentially increasing US exports to Curaçao.
Policy Updates
Curaçao Updates Import Tariffs on Electrical Equipment
Curaçao has revised its import tariff structure for electrical equipment under HS Code 9032.89, increasing duties by 5% to fund local energy initiatives. US exporters are advised to review cost structures.
Date: 2023-09-10
US Department of Commerce Issues Compliance Guidelines for Curaçao Exports
The US Department of Commerce released updated guidelines for exporters of voltage regulators to Curaçao, emphasizing adherence to new safety and labeling requirements set by the island's government.
