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Global Tariffs, Categorized

🇺🇸 United States
🇬🇩 Grenada
📦 Switching and routing apparatus
🇺🇸 🇬🇩

United States to Grenada Trade Analysis for Switching and routing apparatus

Detailed tariff information for Switching and routing apparatus imports

Switching and routing apparatus Tariff Rate

HS Code:

20%
Effective January 1, 2023

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Increasing by 5% annually

Special Rates

CARICOM Preferential Rate
0%
Applicable if imported under CARICOM agreements with proper documentation and origin certification.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S. Increases Exports of Switching and Routing Apparatus to Grenada
Recent trade data shows a 20% increase in U.S. exports of switching and routing apparatus (HS Code: 8517.62) to Grenada in Q3 2023, driven by demand for telecommunications infrastructure upgrades.
2023-10-15
Impact: This surge strengthens U.S.-Grenada trade ties and supports Grenada's digital transformation initiatives, potentially leading to sustained export growth.
Grenada Implements New Import Standards for Telecom Equipment
Grenada has introduced stricter quality and safety standards for imported switching and routing apparatus, affecting U.S. exporters under HS Code 8517.62.
2023-09-05
Impact: U.S. exporters may face additional compliance costs and delays, potentially reducing short-term trade volumes until adjustments are made.
U.S.-Grenada Trade Agreement Boosts Telecom Sector Collaboration
A bilateral trade agreement signed between the U.S. and Grenada includes provisions to facilitate the exchange of telecommunications equipment, including switching and routing apparatus.
2023-08-20
Impact: This agreement is expected to lower trade barriers and increase the flow of HS Code 8517.62 goods, benefiting U.S. exporters in the long term.
Policy Updates
Grenada Revises Import Tariffs on Telecom Equipment
Grenada has updated its tariff structure, reducing import duties on switching and routing apparatus (HS Code: 8517.62) by 5% to encourage technology adoption, effective from October 1, 2023.
Date: 2023-09-10
U.S. Extends Trade Preferences to Grenada under CBTPA
The U.S. has renewed Grenada's eligibility for duty-free treatment under the Caribbean Basin Trade Partnership Act (CBTPA), covering certain telecommunications equipment including HS Code 8517.62, valid until 2025.
Date: 2023-07-15