Stable, with minor fluctuations over the past 3 years
Special Rates
CARICOM Preferential Rate
0%
Applicable if imported from a CARICOM member state under the CARICOM Single Market and Economy (CSME) agreement; does not apply to imports from the United States.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US Exports of Generating Sets to Saint Lucia See Slight Increase
Recent trade data indicates a marginal rise in the export of generating sets with spark-ignition internal combustion piston engines (HS Code: 8502.20) from the US to Saint Lucia, driven by demand for backup power solutions in the region.
2023-10-15
Impact: This increase may strengthen trade ties and encourage further investment in energy infrastructure between the two countries.
Saint Lucia Imposes Temporary Import Restrictions on Power Equipment
Saint Lucia has introduced temporary import restrictions on certain power generation equipment, including generating sets under HS Code 8502.20, to prioritize local manufacturing and maintenance services.
2023-09-05
Impact: This could lead to a short-term decline in US exports of generating sets to Saint Lucia, prompting exporters to explore alternative markets.
US-Saint Lucia Trade Talks Highlight Energy Sector Cooperation
During recent bilateral trade discussions, both nations emphasized the importance of energy sector trade, including generating sets, to support Saint Lucia’s renewable energy transition and disaster preparedness.
2023-08-20
Impact: Potential for increased demand for US-made generating sets as part of long-term energy projects in Saint Lucia.
Policy Updates
Saint Lucia Revises Import Tariffs on Power Generation Equipment
Saint Lucia has adjusted tariffs on imported generating sets (HS Code: 8502.20), increasing duties by 5% to support local industries while ensuring compliance with regional trade agreements.
Date: 2023-09-10
US Updates Export Controls for Energy Equipment
The US Department of Commerce has introduced new export documentation requirements for energy-related equipment, including generating sets, to ensure compliance with international trade standards, potentially affecting shipments to Saint Lucia.
