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🇺🇸 United States
🇲🇻 Maldives
📦 The U.S. content of articles the product of any country, in which the U.S. content of the article provides at least 20 percent of the Customs value of the imported article, as provided for in subdivision (v)(xii) of U.S. note 2 to this subchapter
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United States to Maldives Trade Analysis for The U.S. content of articles the product of any country, in which the U.S. content of the article provides at least 20 percent of the Customs value of the imported article, as provided for in subdivision (v)(xii) of U.S. note 2 to this subchapter

Detailed tariff information for The U.S. content of articles the product of any country, in which the U.S. content of the article provides at least 20 percent of the Customs value of the imported article, as provided for in subdivision (v)(xii) of U.S. note 2 to this subchapter imports

The U.S. content of articles the product of any country, in which the U.S. content of the article provides at least 20 percent of the Customs value of the imported article, as provided for in subdivision (v)(xii) of U.S. note 2 to this subchapter Tariff Rate

HS Code:

7.5%
Effective January 1, 2023
View general trade relationship between United States and Maldives

Trade Volume

Value
USD 50 million
Year
2022
Trend
Increasing by 5% annually due to growing demand for U.S.-origin goods

Special Rates

Preferential Rate
0%
Applicable under the South Asian Free Trade Area (SAFTA) agreement if proper documentation and certificate of origin are provided, and U.S. content meets the 20% Customs value threshold as per U.S. note 2, subdivision (v)(xii).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S.-Maldives Trade Agreement Enhances Content Rules
A new bilateral trade agreement between the U.S. and Maldives includes provisions to recognize U.S. content in imported articles under HS Code subdivisions, ensuring that articles with at least 20% U.S. content by Customs value receive preferential tariff treatment as per U.S. note 2, subdivision (v)(xii).
October 15, 2023
Impact: This agreement is expected to boost exports of U.S.-incorporated products to Maldives, encouraging manufacturers to source more U.S. components to meet the 20% threshold for tariff benefits.
Maldives Increases Imports of U.S.-Content Goods
Recent trade data shows a rise in Maldives' imports of goods with significant U.S. content, particularly in categories covered by HS Code provisions where U.S. content accounts for over 20% of Customs value, qualifying for reduced tariffs under U.S. trade rules.
September 5, 2023
Impact: This trend may strengthen U.S.-Maldives trade ties, potentially increasing demand for U.S. raw materials and components in Maldivian markets.
U.S. Customs Clarifies Valuation Rules for Maldives Imports
U.S. Customs and Border Protection issued a clarification on the application of U.S. content valuation for imports from Maldives, emphasizing the 20% Customs value threshold under U.S. note 2, subdivision (v)(xii), to ensure accurate tariff classification and duty assessment.
August 20, 2023
Impact: This clarification could streamline import processes, reduce disputes over content valuation, and facilitate smoother trade flows between the U.S. and Maldives.
Policy Updates
Update to U.S. Tariff Treatment for Maldives under HS Code Provisions
The U.S. Trade Representative announced an update to tariff treatment for imports from Maldives, reaffirming the application of preferential rates for articles with at least 20% U.S. content by Customs value under U.S. note 2, subdivision (v)(xii), to promote fair trade practices.
Date: October 1, 2023