Limited data available; estimated at less than $1 million USD annually for this HS category range
Year
2022
Trend
Stable with minimal fluctuations due to niche market and small-scale trade
Special Rates
Preferential Rate
0%
Applicable to goods under cultural or religious agreements between the United States and the Holy See.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
United States and Holy See Discuss Trade of Specialty Goods
A recent meeting between U.S. trade representatives and Holy See officials focused on the export of specialty religious items valued between 15¢ and 23¢ under HS Code classification. Discussions aimed at streamlining customs processes.
2023-10-15
Impact: Potential reduction in bureaucratic delays could increase the volume of these niche goods traded between the two entities.
Holy See Increases Import of U.S.-Made Religious Artifacts
The Holy See reported a slight uptick in imports of small religious artifacts from the U.S., falling within the 15¢ to 23¢ value range per item, driven by demand for affordable devotional items.
2023-09-22
Impact: This trend may encourage U.S. small-scale manufacturers to target this niche market, boosting micro-trade relations.
U.S. Customs Updates Procedures for Holy See Shipments
U.S. Customs and Border Protection announced simplified documentation for low-value shipments to the Holy See, specifically targeting goods valued between 15¢ and 23¢ under relevant HS Codes.
2023-08-30
Impact: Simplified procedures are expected to reduce costs and improve efficiency for exporters dealing in low-value religious goods.
Policy Updates
U.S. Tariff Exemption for Holy See Low-Value Goods
The U.S. Trade Representative’s office introduced a temporary tariff exemption for certain low-value items (15¢ to 23¢) exported to the Holy See, aiming to foster goodwill and support cultural exchange through trade.
Date: 2023-10-01
Holy See Revises Import Documentation for Small-Value Items
The Holy See updated its import policies to require minimal documentation for goods valued between 15¢ and 23¢, aligning with international micro-trade facilitation standards.
Date: 2023-09-10
U.S.-Holy See Bilateral Trade Agreement on Cultural Goods
A new bilateral agreement was signed to promote the trade of cultural and religious items, including those valued between 15¢ and 23¢, with provisions for periodic review of trade barriers.