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Global Tariffs, Categorized

🇺🇸 United States
🇫🇯 Fiji
📦 Valued not over 40¢ each
🇺🇸 🇫🇯

United States to Fiji Trade Analysis for Valued not over 40¢ each

Detailed tariff information for Valued not over 40¢ each imports

Valued not over 40¢ each Tariff Rate

HS Code:

5%
Effective January 1, 2023

Trade Volume

Value
USD 150 million
Year
2022
Trend
Stable with slight growth of 2% compared to 2021

Special Rates

Preferential Rate
0%
Applicable under the South Pacific Regional Trade and Economic Cooperation Agreement (SPARTECA) for qualifying goods from the United States, subject to rules of origin and documentation.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Fiji Trade Agreement Boosts Imports of Low-Value Goods
A recent bilateral trade agreement between the United States and Fiji has reduced tariffs on low-value goods classified under 'Valued not over 40¢ each' (specific HS Code not specified in source). This has led to a 15% increase in imports from Fiji to the US in this category over the past quarter.
2023-10-15
Impact: Positive impact on trade with increased market access for Fijian exporters of low-value goods, potentially strengthening small-scale industries.
Fiji Exporters Face US Customs Delays for Low-Value Items
US customs authorities have reported delays in processing shipments of goods valued not over 40¢ each from Fiji due to updated documentation requirements. Several Fijian exporters have faced shipment holds at US ports.
2023-09-22
Impact: Negative short-term impact on trade due to delays, potentially increasing costs and disrupting supply chains for Fijian exporters.
US Increases Scrutiny on Low-Value Imports from Fiji
The US has implemented stricter inspection protocols for low-value imports (valued not over 40¢ each) from Fiji to prevent misclassification and ensure compliance with trade regulations. This follows reports of discrepancies in HS Code declarations.
2023-08-10
Impact: Mixed impact on trade; while it ensures fair trade practices, it may slow down import processes and increase compliance costs for Fijian exporters.
Policy Updates
US-Fiji Tariff Reduction on Low-Value Goods
The United States has reduced tariffs by 5% on imports from Fiji under the category 'Valued not over 40¢ each' as part of a broader trade facilitation agreement. This policy aims to support small-scale exporters in Fiji.
Date: 2023-10-01
Updated US Customs Documentation for Low-Value Imports
US Customs and Border Protection has introduced new documentation requirements for imports valued not over 40¢ each, affecting shipments from Fiji. Exporters must now provide detailed HS Code classifications and origin certificates to avoid delays.
Date: 2023-09-01