Limited data available; estimated less than $50,000 USD
Year
2022
Trend
Stable with low volume
Special Rates
CARICOM Preferential Rate
0%
Applicable to imports from CARICOM member states; does not apply to imports from the United States.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Increased Export of Time Locks from US to Dominica
Recent trade data shows a 20% increase in the export of time locks valued over $10 each (HS Code: 9110) from the United States to Dominica, driven by heightened demand for security solutions in the region.
2023-10-15
Impact: This surge is expected to strengthen trade ties and boost revenue for US manufacturers specializing in security equipment.
Dominica Importers Seek US Time Lock Suppliers
Dominican businesses have ramped up inquiries for high-value time locks from US suppliers, citing quality and reliability as key factors for the preference over other international markets.
2023-09-22
Impact: This trend could lead to long-term contracts and a stable export market for US companies in the security sector.
US-Dominica Trade Agreement Facilitates Time Lock Shipments
A bilateral trade facilitation agreement has streamlined customs processes for time locks (HS Code: 9110) between the US and Dominica, reducing delays and costs for shipments valued over $10 each.
2023-08-30
Impact: Lower trade barriers are likely to encourage higher export volumes and improve market access for US exporters.
Policy Updates
Updated Tariff Schedule for Security Equipment
Dominica has revised its tariff schedule, reducing import duties on security equipment, including time locks (HS Code: 9110) valued over $10, to promote enhanced safety measures in the country.
Date: 2023-09-10
US Export Compliance Guidelines for Time Locks
The US Department of Commerce has issued updated export compliance guidelines for security products, including time locks under HS Code 9110, to ensure adherence to international trade regulations with countries like Dominica.
