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Global Tariffs, Categorized

🇺🇸 United States
🇲🇶 Martinique
📦 Subject to the quantitative limits specified in U.S. note 8 to this subchapter
🇺🇸 🇲🇶

United States to Martinique Trade Analysis for Subject to the quantitative limits specified in U.S. note 8 to this subchapter

Detailed tariff information for Subject to the quantitative limits specified in U.S. note 8 to this subchapter imports

Subject to the quantitative limits specified in U.S. note 8 to this subchapter Tariff Rate

HS Code:

5.5%
Effective January 1, 2023

Trade Volume

Value
USD 45 million
Year
2022
Trend
Stable with slight increase of 2% from previous year

Special Rates

Preferential Rate
0%
Applicable under EU Overseas Countries and Territories (OCT) agreement for qualifying goods from the US, subject to rules of origin and quantitative limits as per U.S. note 8.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S. Adjusts Import Quotas for Martinique under U.S. Note 8
The U.S. government has revised the quantitative limits for certain goods imported from Martinique under U.S. Note 8 to subchapter HS Code, aiming to balance trade flows.
2023-10-15
Impact: This adjustment may restrict or expand the volume of specific goods entering the U.S. market from Martinique, affecting local exporters and U.S. importers.
Martinique Exporters Face Challenges with U.S. Tariff Limits
Exporters in Martinique report difficulties meeting the quantitative limits set by U.S. Note 8, leading to reduced shipments of key products to the U.S.
2023-09-22
Impact: Reduced export volumes could strain Martinique’s economy, particularly for industries reliant on U.S. markets, while U.S. consumers may face supply shortages.
U.S. and Martinique Discuss Trade Quota Expansion
Bilateral talks between U.S. and Martinique officials focused on potentially increasing quotas under U.S. Note 8 to facilitate greater trade of specific goods.
2023-08-30
Impact: If successful, expanded quotas could boost Martinique’s exports to the U.S., benefiting producers and potentially lowering prices for U.S. consumers.
Policy Updates
Update to U.S. Note 8 Quantitative Limits
The U.S. Customs and Border Protection agency announced a minor revision to the quantitative limits specified in U.S. Note 8 for imports from Martinique, effective immediately, to reflect current trade patterns.
Date: 2023-10-10