Limited data available; specific trade volume for HS Code 8907.90 (Other floating structures) not publicly detailed for U.S. to Guam
Year
2023
Trend
Stable; trade between U.S. mainland and Guam typically involves construction and maritime equipment, with consistent demand.
Special Rates
Duty-Free
Free
As Guam is a U.S. territory, goods imported from the United States are generally exempt from customs duties under U.S. federal law, subject to compliance with specific regulations.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Increased Demand for Floating Structures in Guam
Recent infrastructure projects in Guam have led to a surge in demand for floating structures such as landing-stages and buoys, with significant imports from the United States.
2023-10-15
Impact: This trend is expected to boost trade volume between the US and Guam, particularly in the maritime and construction sectors, with a potential increase in export revenue for US manufacturers.
US Exporters Face Shipping Delays to Guam
Logistical challenges and port congestion have delayed shipments of floating structures from the US to Guam, affecting project timelines.
2023-09-20
Impact: Delays may temporarily reduce trade efficiency and increase costs for US exporters, potentially impacting contract fulfillment and customer relations in Guam.
Guam Port Upgrades to Facilitate Floating Structure Imports
Guam has initiated port upgrades to better accommodate the import of large floating structures like tanks and cofferdams from the US.
2023-08-05
Impact: Improved port infrastructure is likely to streamline trade processes, reduce shipping times, and increase the capacity for US exports of floating structures to Guam.
Policy Updates
US-Guam Trade Agreement on Tariff Reductions
A new trade agreement between the US and Guam includes reduced tariffs on specific maritime equipment, including floating structures under HS Code 8907.90, to encourage infrastructure development.
