Dissolution of Netherlands Antilles Affects Trade Reporting
The Netherlands Antilles officially dissolved on October 10, 2010, splitting into separate entities: Curaçao and Sint Maarten as autonomous countries, and Bonaire, Sint Eustatius, and Saba as special municipalities of the Netherlands. Trade data for HS Code items, including those measuring over 0.65 m², previously reported under Netherlands Antilles, is now categorized under these new entities.
October 10, 2010
Impact: Trade statistics between the United States and the former Netherlands Antilles are no longer reported as a single entity, requiring updated tracking and reporting systems for specific product categories like HS Code items over 0.65 m².
US Trade Agreements Transition Post-Netherlands Antilles Dissolution
Following the dissolution of the Netherlands Antilles, the United States has initiated transitional trade agreements with Curaçao and Sint Maarten. Trade involving specific HS Codes, including items over 0.65 m², will now fall under new bilateral frameworks.
November 15, 2010
Impact: Potential delays or adjustments in trade flows for specific goods as new agreements are finalized, affecting tariff classifications and quotas for products over 0.65 m².
Historical Trade Data for Netherlands Antilles Archived by US Census Bureau
The US Census Bureau announced that historical trade data with the Netherlands Antilles, including for HS Code categories like items over 0.65 m², has been archived. Current data will reflect trade with individual successor entities.
January 5, 2011
Impact: Businesses and analysts must adjust to fragmented data sets for trade analysis, potentially complicating historical comparisons for specific product categories.