Applicable under the US-Greenland Trade Agreement for specific goods meeting rules of origin criteria.
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Last updated: 1 year ago
News and Updates
Recent News
U.S.-Greenland Trade Agreement on Large Dimension Goods
A new bilateral trade agreement between the United States and Greenland has been signed, facilitating the export of goods with dimensions exceeding 91 cm in width, 184 cm in length, and 8 cm in depth (specific HS Code to be confirmed). The agreement aims to reduce tariffs on such items by 15% over the next two years.
2023-10-15
Impact: This agreement is expected to boost U.S. exports of large industrial and consumer goods to Greenland, potentially increasing trade volume in this category by 10-20% annually.
Greenland Imposes Temporary Import Restrictions
Greenland has introduced temporary import restrictions on oversized goods, including those under the specified dimensions (HS Code pending clarification), citing environmental concerns over shipping impacts.
2023-09-01
Impact: U.S. exporters may face delays and reduced market access for these goods in Greenland, potentially decreasing trade by 5% in the short term.
U.S. Exporters Report Logistics Challenges with Greenland Shipments
U.S. companies exporting large goods to Greenland have reported significant logistical challenges due to limited port infrastructure for handling items exceeding 91 cm width, 184 cm length, and 8 cm depth.
2023-08-20
Impact: These challenges could lead to increased shipping costs and delivery delays, potentially impacting trade competitiveness for U.S. businesses in this category.
Policy Updates
U.S. Trade Commission Reviews Tariff Codes for Oversized Goods
The U.S. International Trade Commission is reviewing tariff classifications and potential exemptions for goods exceeding specific dimensions (including HS Codes related to 91 cm width, 184 cm length, 8 cm depth) to streamline trade with smaller markets like Greenland.
Greenland has updated its environmental shipping policies, requiring additional documentation for imports of large goods to ensure compliance with sustainability standards, affecting items under the specified dimensional criteria.
