Stable with slight increase of 2% from previous year
Special Rates
Preferential Rate
0%
Applicable under the EU-US Trade Agreement for specific aromatic substances meeting origin criteria.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Increases Imports of Aromatic Substances from Martinique
Recent data shows a 15% rise in U.S. imports of products containing over 25% by weight of aromatic or modified aromatic substances (HS Code: 3302.10) from Martinique, driven by demand in the fragrance and flavor industries.
2023-10-15
Impact: This surge may strengthen trade ties but could pressure domestic U.S. producers if imports continue to grow.
Martinique Exporters Face U.S. Quality Compliance Challenges
Several shipments of aromatic substances from Martinique to the U.S. were delayed due to non-compliance with FDA regulations on labeling and safety standards.
2023-09-22
Impact: Delays may disrupt supply chains and increase costs for Martinique exporters, potentially reducing trade volume temporarily.
During bilateral trade discussions, both nations emphasized the importance of aromatic substances as a key export from Martinique to the U.S., with plans to streamline customs processes.
2023-08-30
Impact: Simplified customs procedures could boost trade efficiency and increase import volumes in the near future.
Policy Updates
U.S. Updates Tariff Classification for Aromatic Substances
The U.S. Customs and Border Protection issued a revised classification under HS Code 3302.10 for products containing over 25% aromatic substances, aiming to clarify duty rates for imports from regions like Martinique.
Date: 2023-10-01
Martinique Aligns with U.S. Safety Standards for Exports
Martinique's trade ministry announced new compliance measures to meet U.S. safety and labeling requirements for aromatic goods, following recent shipment delays.