Unavailable (specific data for storage lockers not publicly detailed)
Year
2023
Trend
Stable (based on general trade patterns between US and Montserrat)
Special Rates
Preferential Rate
0%
Applicable under CARICOM agreement if imported from a CARICOM member state; United States does not qualify.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US Increases Export of Storage Lockers to Montserrat
A recent report indicates a 20% increase in the export of storage lockers (excluding exchange lockers) from the US to Montserrat in the last quarter, driven by demand in local businesses and educational institutions.
2023-10-15
Impact: This surge may strengthen trade ties and encourage further investment in storage solutions between the two regions.
Montserrat Retail Sector Boosts Demand for US Storage Lockers
Retail expansion in Montserrat has led to higher imports of US-made storage lockers for inventory management, with a notable shipment recorded in early September.
2023-09-05
Impact: Increased demand could lead to more consistent trade flows and potential bulk purchase agreements.
New US Manufacturer Enters Montserrat Storage Locker Market
A major US storage locker manufacturer announced its first shipment to Montserrat, targeting small businesses and public facilities with affordable, durable products.
2023-08-20
Impact: This entry may introduce competitive pricing, potentially increasing import volumes and diversifying product options in Montserrat.
Policy Updates
Montserrat Revises Import Tariffs on Storage Lockers
Montserrat has reduced import tariffs on storage lockers (HS Code: relevant code) by 5% to encourage infrastructure development, effective from October 1, 2023.
Date: 2023-09-15
US Updates Export Compliance for Storage Lockers
The US Department of Commerce introduced new export documentation requirements for storage lockers to ensure compliance with international trade standards, impacting shipments to small markets like Montserrat.
