Stable with slight increase of 2% from previous year
Special Rates
Preferential Rate under CARICOM
0%
Applies to goods originating from CARICOM member states under the Revised Treaty of Chaguaramas, subject to certificate of origin.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Updates Quantitative Limits for Saint Kitts and Nevis under HS Code
The U.S. Customs and Border Protection announced adjustments to the quantitative limits for specific goods under U.S. note 5(b) to the subchapter concerning trade with Saint Kitts and Nevis, focusing on textile and apparel products.
October 15, 2023
Impact: This adjustment may restrict the volume of certain textile imports from Saint Kitts and Nevis, potentially affecting exporters and requiring them to diversify markets or product lines.
Saint Kitts and Nevis Seeks Review of U.S. Trade Quotas
The government of Saint Kitts and Nevis has requested a bilateral discussion with the U.S. to review the quantitative limits imposed on their exports under HS Code provisions, citing economic constraints.
September 20, 2023
Impact: If successful, revised quotas could increase export volumes, benefiting local producers in Saint Kitts and Nevis and strengthening trade ties with the U.S.
U.S. Importers Report Compliance Challenges with Saint Kitts and Nevis Quotas
U.S. importers of goods from Saint Kitts and Nevis under U.S. note 5(b) have reported difficulties in tracking and adhering to the quantitative limits, leading to delays at customs.
August 5, 2023
Impact: These compliance issues could temporarily reduce trade efficiency and increase costs for U.S. importers, potentially discouraging smaller businesses from engaging in trade with Saint Kitts and Nevis.
Policy Updates
Amendment to U.S. Note 5(b) Quantitative Limits
The U.S. Trade Representative has issued an amendment to the quantitative limits specified in U.S. note 5(b) for certain categories of goods from Saint Kitts and Nevis, effective from November 1, 2023, to ensure fair trade practices.
