United States to Micronesia, Federated States of Trade Analysis
for If entered during the period from March 1 to July 14, inclusive, or the period from September 1 to November 14, inclusive, in any year
Detailed tariff information for If entered during the period from March 1 to July 14, inclusive, or the period from September 1 to November 14, inclusive, in any year imports
If entered during the period from March 1 to July 14, inclusive, or the period from September 1 to November 14, inclusive, in any year Tariff Rate
Stable with slight increase due to aid and imports of essential goods
Special Rates
Preferential Rate
0%
Applies to most goods under the Compact of Free Association Agreement between the United States and the Federated States of Micronesia.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Micronesia Trade Agreement Discussions
The United States and the Federated States of Micronesia engaged in talks to strengthen trade ties under the Compact of Free Association, focusing on tariff reductions for specific HS Code categories.
March 15, 2023
Impact: Potential increase in bilateral trade volume if tariff barriers are reduced, benefiting exporters from both regions.
Micronesia Exports to US See Seasonal Spike
Exports from Micronesia to the US, particularly in agricultural products under relevant HS Codes, surged due to favorable weather conditions and demand in the US market.
April 20, 2023
Impact: Positive short-term boost for Micronesian exporters; may encourage further investment in export infrastructure.
US Aid Package Includes Trade Support for Micronesia
A new US aid package to Micronesia includes provisions for trade capacity building, aimed at streamlining export processes for goods under various HS Codes.
June 10, 2023
Impact: Long-term potential for smoother trade operations and increased export competitiveness for Micronesia.
Policy Updates
Update to Compact of Free Association Trade Terms
The US and Micronesia agreed to review and update trade terms under the Compact of Free Association, potentially affecting duty-free access for certain HS Code categories.
Date: March 5, 2023
US Tariff Classification Review for Micronesian Imports
The US Customs and Border Protection announced a review of tariff classifications for imports from Micronesia, aiming to clarify HS Code applications and reduce disputes.
