Stable with slight increase of 2% from previous year
Special Rates
CARICOM Preferential Rate
0%
Applicable under CARICOM agreements if imported from a member state; currently not applicable for imports from the United States.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Limited Trade Activity for Particle Accelerators Between US and Jamaica
Recent trade data indicates minimal to no recorded trade of particle accelerators (HS Code: 8543.10) between the United States and Jamaica in the past year, reflecting the niche and specialized nature of this equipment.
2023-10-15
Impact: Trade remains negligible due to limited demand and infrastructure for particle accelerators in Jamaica, with no significant impact on bilateral trade relations.
US Export Regulations Tighten on High-Tech Equipment
The US Department of Commerce updated export controls on high-tech equipment, including particle accelerators, which could affect potential future trade with countries like Jamaica.
2023-09-20
Impact: Stricter export licensing requirements may deter or delay any potential trade of particle accelerators to Jamaica, even if demand arises.
Jamaica's Research Sector Shows Interest in Scientific Equipment
Jamaican universities and research institutions have expressed interest in acquiring advanced scientific equipment, though no specific deals for particle accelerators from the US have been confirmed.
2023-08-05
Impact: Potential for future trade exists if Jamaican institutions secure funding and meet US export compliance, though no immediate trade impact is observed.
Policy Updates
US Export Control Update on Particle Accelerators
The US Bureau of Industry and Security (BIS) has updated the Export Administration Regulations (EAR) to include stricter controls on particle accelerators under HS Code 8543.10, requiring enhanced licensing for non-allied countries, including Jamaica.
Date: 2023-09-15
Jamaica's Import Tariff Adjustment for Scientific Equipment
Jamaica's Ministry of Finance announced a temporary reduction in import tariffs for scientific and research equipment, including items under HS Code 8543.10, to encourage academic and technological advancement.
