Stable with slight increase of 2% from previous year
Special Rates
Preferential Rate
0%
Applicable under the United States-Fiji Trade Agreement for specific quotas and documentation compliance.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Fiji Trade Agreement Boosts Import of Welded Grill and Fencing
A new bilateral trade agreement between the United States and Fiji has reduced tariffs on specific industrial goods, including other grill, netting, and fencing, welded at the intersection (HS Code: 731420). This has led to an increase in exports from Fiji to the US.
2023-10-15
Impact: Positive impact with a projected 15% increase in trade volume for this category due to lower tariffs and improved market access.
Fiji Exporters Face US Quality Compliance Challenges for Welded Products
Fijian exporters of welded grill and fencing products are encountering stricter US quality and safety standards, causing delays in shipments and increased compliance costs.
2023-09-22
Impact: Negative short-term impact with potential delays and a 5-10% cost increase for Fijian exporters until compliance is streamlined.
US Construction Boom Drives Demand for Fijian Welded Fencing
A surge in US construction projects has increased demand for cost-effective welded grill and fencing materials, with Fiji emerging as a key supplier due to competitive pricing.
2023-08-10
Impact: Positive impact with a reported 20% rise in orders from US buyers, strengthening Fiji's position in this niche market.
Policy Updates
US Tariff Reduction on HS Code 731420 Products from Fiji
The US Trade Representative announced a tariff reduction on other grill, netting, and fencing, welded at the intersection, imported from Fiji under a new trade facilitation agreement. The tariff rate has been lowered from 5% to 2% effective immediately.
Date: 2023-10-01
Fiji Implements Export Certification for Welded Products
Fiji's Ministry of Trade has introduced mandatory export certification for welded products, including HS Code 731420 items, to ensure compliance with international standards, particularly for the US market. This aims to improve product quality but may increase processing time.
