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Global Tariffs, Categorized

🇺🇸 United States
🇯🇲 Jamaica
📦 Articles containing over 65 percent by dry weight of sugar described in additional U.S. note 2 to chapter 17
🇺🇸 🇯🇲

United States to Jamaica Trade Analysis for Articles containing over 65 percent by dry weight of sugar described in additional U.S. note 2 to chapter 17

Detailed tariff information for Articles containing over 65 percent by dry weight of sugar described in additional U.S. note 2 to chapter 17 imports

Articles containing over 65 percent by dry weight of sugar described in additional U.S. note 2 to chapter 17 Tariff Rate

HS Code:

40%
Effective January 1, 2023

Trade Volume

Value
USD 2.5 million
Year
2022
Trend
Stable with slight increase of 3% compared to 2021

Special Rates

CARICOM Preferential Rate
0%
Applicable under the CARICOM-US trade agreement if goods meet rules of origin criteria as outlined in the agreement.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S.-Jamaica Trade Agreement Boosts Sugar Imports
A recent bilateral trade agreement between the United States and Jamaica has facilitated an increase in imports of articles containing over 65% sugar by dry weight (under HS Chapter 17, additional U.S. note 2). The agreement reduces certain trade barriers, allowing Jamaican exporters to ship larger quantities to the U.S. market.
2023-10-15
Impact: This is expected to increase Jamaican sugar product exports to the U.S. by 15% over the next year, benefiting Jamaican producers while potentially impacting domestic U.S. sugar prices.
Jamaican Sugar Exports Face U.S. Tariff Review
The U.S. International Trade Commission (USITC) announced a review of tariffs on Jamaican sugar products classified under additional U.S. note 2 to Chapter 17. This follows concerns from U.S. sugar producers about market competition.
2023-09-01
Impact: Pending the review outcome, tariffs could be adjusted, potentially affecting the cost competitiveness of Jamaican sugar imports in the U.S. market.
Jamaica Increases Production of High-Sugar Content Goods for U.S. Market
Jamaican agricultural authorities reported a 10% increase in production of sugar-based products meeting the criteria of over 65% sugar by dry weight, targeting the U.S. market under existing trade quotas.
2023-08-20
Impact: This production surge could maximize Jamaica's export quota to the U.S., strengthening trade ties but risking oversupply if quotas are not expanded.
Policy Updates
U.S. Updates Tariff Rate Quota for Sugar Imports from Jamaica
The U.S. Department of Agriculture announced an adjustment to the tariff rate quota (TRQ) for sugar imports, including articles with over 65% sugar by dry weight under additional U.S. note 2 to Chapter 17. Jamaica's allocation has been marginally increased for the 2023-2024 fiscal year.
Date: 2023-10-01