Stable with slight growth in recent years due to increased demand for US goods and services.
Special Rates
Preferential Rate
0%
Applies to most goods under the Compact of Free Association Agreement; specific exceptions may apply for restricted or controlled items.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S.-Marshall Islands Trade Agreement Progress
Recent discussions between the United States and the Marshall Islands have focused on strengthening trade ties under the Compact of Free Association, with emphasis on non-braid products (HS Code: Not specified).
2023-10-15
Impact: This could lead to increased market access for U.S. exporters and potential tariff reductions for Marshall Islands imports.
Marshall Islands Seeks U.S. Investment in Non-Braid Goods Sector
The Marshall Islands government has invited U.S. businesses to invest in local industries related to non-braid products, aiming to boost exports to the U.S. market.
2023-09-20
Impact: Potential growth in bilateral trade volume, especially in niche non-braid product categories, if investments materialize.
U.S. Extends Trade Support to Marshall Islands
The U.S. announced a new trade support initiative under the Compact of Free Association, indirectly benefiting non-braid goods trade with the Marshall Islands.
2023-08-05
Impact: May stabilize trade flows and encourage small-scale exporters in the Marshall Islands to target the U.S. market.
Policy Updates
Renewal of Compact of Free Association Provisions
The U.S. and Marshall Islands have agreed to renew key provisions of the Compact of Free Association, which includes trade benefits and duty-free access for certain non-braid goods to the U.S. market.
