Discontinuation of Netherlands Antilles as a Trade Entity Affects Carboxylic Acid Trade
The dissolution of the Netherlands Antilles as a political entity on October 10, 2010, has led to the reclassification of trade data. Trade of carboxylic acids with phenol function (HS Code: 2918.29) between the United States and the former Netherlands Antilles is now reported under successor entities such as Curaçao and Sint Maarten.
October 10, 2010
Impact: Trade statistics and agreements specific to the Netherlands Antilles are no longer applicable, requiring businesses to adapt to new reporting and regulatory frameworks for successor regions.
Historical Trade Data for Carboxylic Acids with Netherlands Antilles Released
The U.S. Census Bureau published final trade data for carboxylic acids and derivatives (HS Code: 2918.29) with the Netherlands Antilles before its dissolution, showing a steady export volume of niche chemical products in the last reported year.
September 15, 2010
Impact: This historical data provides a baseline for comparison with trade flows to successor entities, though direct trade continuity is disrupted due to political restructuring.
U.S. Adjusts Trade Reporting for Netherlands Antilles Ahead of Dissolution
In anticipation of the Netherlands Antilles' dissolution, the U.S. International Trade Commission announced updates to trade categorizations for chemical products, including carboxylic acids with phenol function, to reflect new regional designations.
August 20, 2010
Impact: Exporters and importers of these chemicals must update documentation and compliance processes, potentially causing short-term delays in trade activities.
