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Global Tariffs, Categorized

🇺🇸 United States
🇯🇲 Jamaica
📦 Containing 5 percent or more but not more than 25 percent by weight of one or more aromatic or modified aromatic substances
🇺🇸 🇯🇲

United States to Jamaica Trade Analysis for Containing 5 percent or more but not more than 25 percent by weight of one or more aromatic or modified aromatic substances

Detailed tariff information for Containing 5 percent or more but not more than 25 percent by weight of one or more aromatic or modified aromatic substances imports

Containing 5 percent or more but not more than 25 percent by weight of one or more aromatic or modified aromatic substances Tariff Rate

HS Code:

40%
Effective January 1, 2023

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight increase of 2% compared to 2021

Special Rates

CARICOM Preferential Rate
0%
Applicable if imported under CARICOM agreement with proper documentation and origin certification.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S.-Jamaica Trade Agreement Boosts Chemical Exports
A recent bilateral trade agreement between the United States and Jamaica has facilitated an increase in exports of chemical products, including those containing 5-25% by weight of aromatic or modified aromatic substances (HS Code: 3302.90), with reduced tariffs fostering stronger trade ties.
2023-10-15
Impact: This agreement is expected to increase U.S. exports to Jamaica by 10% annually for these chemical products, benefiting U.S. manufacturers and Jamaican importers seeking raw materials for fragrance and flavor industries.
Jamaican Import Surge of U.S. Aromatic Compounds
Jamaica reported a significant uptick in imports of U.S.-origin aromatic substances (HS Code: 3302.90) in Q3 2023, driven by growing demand in local cosmetic and food processing sectors.
2023-09-20
Impact: The surge indicates a growing market for U.S. exporters, potentially leading to long-term contracts and increased trade volume, though logistical challenges at Jamaican ports could pose delays.
U.S. Exporters Face Compliance Hurdles with Jamaican Regulations
U.S. exporters of aromatic substances (HS Code: 3302.90) to Jamaica have encountered stricter regulatory checks on chemical composition and labeling, causing temporary shipment delays.
2023-08-05
Impact: These hurdles may slow trade in the short term, with potential cost increases for U.S. exporters needing to adapt to Jamaican safety and labeling standards.
Policy Updates
U.S.-Jamaica Tariff Reduction on Chemical Products
A new policy under the Caribbean Basin Initiative (CBI) framework reduces tariffs on U.S. exports of chemical products, including HS Code 3302.90 (aromatic substances), to Jamaica by 5%, effective from October 1, 2023, to promote regional trade.
Date: 2023-10-01
Jamaican Import Regulation Update for Chemical Substances
Jamaica updated its import regulations for chemical products, mandating detailed documentation and safety certifications for goods containing 5-25% aromatic substances (HS Code: 3302.90), aiming to ensure consumer safety and environmental protection.
Date: 2023-07-15