Increasing by 8% annually due to demand in electrical infrastructure projects
Special Rates
Preferential Rate under CAFTA-DR
0%
Applicable to goods originating from the United States under the Central America-Dominican Republic Free Trade Agreement (CAFTA-DR). Requires Certificate of Origin.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S.-Guatemala Trade Agreement Boosts Plug-in Base Exports
A recent bilateral trade agreement between the United States and Guatemala has reduced tariffs on electrical components, including single plug-in bases (HS Code: 8536.69), leading to a 15% increase in U.S. exports to Guatemala in the past quarter.
2023-10-15
Impact: Positive impact with increased export opportunities for U.S. manufacturers and potential growth in Guatemala's electrical infrastructure sector.
Guatemala Imposes Quality Standards on Imported Electrical Components
Guatemala has introduced stricter quality control measures for imported electrical components, including single plug-in bases (HS Code: 8536.69), affecting U.S. exporters who must now comply with new certification requirements.
2023-09-20
Impact: Potential short-term delays and increased compliance costs for U.S. exporters, though it may improve product safety and market trust in the long term.
Supply Chain Disruptions Affect U.S.-Guatemala Plug-in Base Trade
Ongoing global supply chain issues have led to a temporary shortage of raw materials for single plug-in bases (HS Code: 8536.69), causing a 10% decline in U.S. exports to Guatemala in the last two months.
2023-08-05
Impact: Negative impact with reduced trade volume and potential price increases for Guatemalan importers.
Policy Updates
U.S.-Guatemala CAFTA-DR Tariff Reduction on Electrical Goods
Under the Central America-Dominican Republic Free Trade Agreement (CAFTA-DR), tariffs on certain electrical components, including single plug-in bases (HS Code: 8536.69), have been reduced by 5% to promote trade between the U.S. and Guatemala.
Date: 2023-10-01
Guatemala's New Import Certification Requirement
Guatemala has enacted a policy requiring all imported electrical components, including single plug-in bases (HS Code: 8536.69), to undergo mandatory safety certification before entering the market, effective immediately.
