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Global Tariffs, Categorized
🇺🇸 United States
🇬🇾 Guyana
📦 Light-vessels, fire-floats, dredgers, floating cranes, and other vessels the navigability of which is subsidiary to their main function; floating docks; floating or submersible drilling or production platforms
🇺🇸 → 🇬🇾

United States to Guyana Trade Analysis for Light-vessels, fire-floats, dredgers, floating cranes, and other vessels the navigability of which is subsidiary to their main function; floating docks; floating or submersible drilling or production platforms

Detailed tariff information for Light-vessels, fire-floats, dredgers, floating cranes, and other vessels the navigability of which is subsidiary to their main function; floating docks; floating or submersible drilling or production platforms imports

Light-vessels, fire-floats, dredgers, floating cranes, and other vessels the navigability of which is subsidiary to their main function; floating docks; floating or submersible drilling or production platforms Tariff Rate

HS Code:

5%
Effective January 1, 2023
View general trade relationship between United States and Guyana

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Increasing due to offshore oil and gas exploration activities in Guyana

Special Rates

Preferential Rate
0%
Applicable under CARICOM agreements if specific conditions for origin are met; otherwise, general rate applies.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Guyana Trade Agreement Boosts Maritime Equipment Exports
A recent trade agreement between the United States and Guyana has facilitated the export of light-vessels and floating cranes from the US to support Guyana's growing offshore oil industry.
2023-10-15
Impact: This agreement is expected to increase US exports of HS Code 8905 vessels to Guyana, strengthening bilateral trade ties and supporting Guyana's infrastructure development.
Guyana Invests in Floating Docks from US Suppliers
Guyana's government has signed a deal with a US-based company for the purchase of floating docks to enhance port operations amidst rising maritime traffic.
2023-09-22
Impact: The deal will likely result in a surge in trade volume for floating docks under HS Code 8905, benefiting US manufacturers and fostering closer economic cooperation.
US Supports Guyana's Oil Sector with Drilling Platforms
A US firm has secured a contract to supply floating drilling platforms to Guyana, aligning with the country's booming oil exploration activities in the Atlantic region.
2023-08-30
Impact: This contract boosts US exports of specialized vessels under HS Code 8905, contributing to Guyana's energy sector growth and enhancing US trade surplus in this category.
Policy Updates
US-Guyana Tariff Reduction on Maritime Equipment
The United States and Guyana have agreed to reduce tariffs on maritime equipment, including light-vessels, dredgers, and floating cranes under HS Code 8905, to promote trade and support Guyana's infrastructural needs.
Date: 2023-10-01