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Statues, statuettes and handmade flowers, valued over $2.50 each and produced by professional sculptors or directly from molds made from original models produced by professional sculptors
United States to Dominican Republic Trade Analysis
for Statues, statuettes and handmade flowers, valued over $2.50 each and produced by professional sculptors or directly from molds made from original models produced by professional sculptors
Detailed tariff information for Statues, statuettes and handmade flowers, valued over $2.50 each and produced by professional sculptors or directly from molds made from original models produced by professional sculptors imports
Statues, statuettes and handmade flowers, valued over $2.50 each and produced by professional sculptors or directly from molds made from original models produced by professional sculptors Tariff Rate
Stable with slight increase of 2% compared to 2021
Special Rates
Preferential Rate under DR-CAFTA
0%
Applicable to goods originating from the United States under the Dominican Republic-Central America Free Trade Agreement (DR-CAFTA), subject to rules of origin certification.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Increased Demand for Dominican Sculptures in the U.S. Market
Recent reports highlight a surge in U.S. demand for high-value statues and statuettes from the Dominican Republic, driven by a growing interest in Caribbean art and decor.
2023-10-15
Impact: This trend is expected to boost exports from the Dominican Republic under HS Code 9703, potentially increasing trade volume by 15% in the next quarter.
U.S. Retailers Showcase Dominican Handmade Flowers at Trade Fair
Several U.S. retailers featured Dominican handmade flowers valued over $2.50 at a major trade fair, emphasizing their unique craftsmanship and cultural significance.
2023-09-28
Impact: The exposure is likely to strengthen trade ties, with Dominican exporters anticipating new contracts and partnerships with U.S. businesses.
Dominican Sculptors Gain Recognition in U.S. Art Circles
Professional sculptors from the Dominican Republic have received accolades in the U.S. for their original models, leading to increased orders for statues and statuettes.
2023-08-10
Impact: This recognition may lead to a sustained rise in exports of items under HS Code 9703, enhancing economic benefits for Dominican artisans.
Policy Updates
Extension of CAFTA-DR Benefits for Artistic Goods
The U.S. and Dominican Republic have agreed to extend specific tariff exemptions under the CAFTA-DR agreement for high-value artistic goods, including statues and statuettes produced by professional sculptors (HS Code 9703), to encourage cultural exchange and trade.
