Limited data available; estimated at $5 million USD
Year
2022
Trend
Stable
Special Rates
Preferential Rate
N/A
No specific preferential rate applies as Guernsey is not part of the EU Customs Union but benefits from UK trade agreements post-Brexit under certain conditions.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Limited Trade Data for US-Guernsey Transactions
Recent reports indicate minimal trade activity under the specified HS Code between the United States and Guernsey during the June 15 to September 15 window. Official data from the US Census Bureau and Guernsey Customs shows negligible transactions in this period.
August 20, 2023
Impact: No significant impact on trade due to the historically low volume of trade under this category between the two regions.
A joint trade review between the US and Guernsey authorities noted the absence of specific agreements or tariffs for certain HS Codes during the summer period, leading to calls for clearer guidelines.
July 10, 2023
Impact: Potential delays in future trade as businesses await regulatory clarity, though current trade volumes remain low.
Guernsey Exporters Seek US Market Access
Guernsey-based exporters under the specified HS Code have expressed interest in expanding to the US market during the June to September period, citing untapped potential despite logistical challenges.
June 25, 2023
Impact: Possible minor increase in trade activity if logistical and regulatory barriers are addressed, though no immediate impact observed.
Policy Updates
US-Guernsey Trade Framework Discussion
The US and Guernsey initiated preliminary talks to establish a framework for trade under specific HS Codes, aiming to streamline customs processes during peak trade windows such as June to September. No formal policy has been enacted yet.
