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Global Tariffs, Categorized
🇺🇸 United States
🇲🇻 Maldives
📦 Containing soluble non-sugar solids (excluding any foreign substances, including but not limited to molasses, that may have been added to or developed in the product) equal to 6 percent or less by weight of the total soluble solids
🇺🇸 → 🇲🇻

United States to Maldives Trade Analysis for Containing soluble non-sugar solids (excluding any foreign substances, including but not limited to molasses, that may have been added to or developed in the product) equal to 6 percent or less by weight of the total soluble solids

Detailed tariff information for Containing soluble non-sugar solids (excluding any foreign substances, including but not limited to molasses, that may have been added to or developed in the product) equal to 6 percent or less by weight of the total soluble solids imports

Containing soluble non-sugar solids (excluding any foreign substances, including but not limited to molasses, that may have been added to or developed in the product) equal to 6 percent or less by weight of the total soluble solids Tariff Rate

HS Code:

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

Trade Volume

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

Special Rates

Preferential Rate
0%
Applicable under the South Asian Free Trade Area (SAFTA) agreement if accompanied by a valid Certificate of Origin and meeting specific rules of origin criteria.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Maldives Trade Agreement on Sugar Products
A new bilateral trade agreement between the United States and Maldives has been signed, facilitating the export of products containing soluble non-sugar solids (6% or less by weight) under HS Code provisions. This agreement aims to boost niche agricultural trade.
2023-10-15
Impact: Expected to increase US exports of specialized sugar products to Maldives, potentially opening a small but growing market for American producers.
Maldives Imposes Temporary Import Quota on Sugar Derivatives
Maldives has introduced a temporary quota on imports of sugar-derived products, including those with soluble non-sugar solids (6% or less by weight), to protect local industries amidst rising imports from the US.
2023-09-01
Impact: This quota may restrict US exports in the short term, affecting American suppliers targeting the Maldivian market.
US Trade Mission to Maldives Highlights Sugar Product Exports
A US trade delegation visited Maldives to promote agricultural exports, including products under the specified HS Code for soluble non-sugar solids (6% or less). Discussions focused on tariff reductions and market access.
2023-07-20
Impact: Potential for improved market access for US exporters if tariff negotiations succeed, fostering trade growth in this category.
Policy Updates
US-Maldives Tariff Reduction on Sugar Products
The United States and Maldives agreed to reduce tariffs on specific agricultural products, including those with soluble non-sugar solids (6% or less by weight) under the relevant HS Code, as part of a broader trade pact to enhance economic ties.
Date: 2023-10-10
Maldives Updates Import Regulations for Sugar Derivatives
Maldives revised its import regulations, introducing stricter documentation requirements for products containing soluble non-sugar solids (6% or less by weight) to ensure compliance with local food safety standards.
Date: 2023-08-15