Dissolution of Netherlands Antilles Affects Trade Reporting
The Netherlands Antilles officially dissolved on October 10, 2010, resulting in the reclassification of trade data for entities previously under this designation. Trade statistics for 'Other elements, isotopes and compounds' (HS Code unspecified) with the United States are now reported under new territorial entities such as Curaçao and Sint Maarten.
October 10, 2010
Impact: Trade data for HS Code related to other elements, isotopes, and compounds between the US and the former Netherlands Antilles is no longer aggregated under a single entity, potentially complicating historical trade analysis and affecting tariff applications.
US Trade Adjustments Post-Netherlands Antilles Dissolution
Following the dissolution of the Netherlands Antilles, the US Census Bureau updated its trade reporting systems to reflect new country codes for Curaçao, Sint Maarten, and other territories. This impacts historical trade data for specific HS Codes, including other elements and compounds.
January 15, 2011
Impact: Businesses trading in isotopes and compounds must update their compliance and reporting systems to account for the new territorial designations, potentially increasing administrative costs.
Final Trade Report for Netherlands Antilles Released by US
The US International Trade Commission released its final trade report for the Netherlands Antilles as a single entity, covering trade in various categories including other elements and compounds up to the dissolution date in October 2010.
December 20, 2010
Impact: This marks the end of consolidated trade data for the region under the Netherlands Antilles, affecting how companies analyze past trade trends for specific HS Codes with the US.