Applicable to goods originating from CARICOM member states under the Revised Treaty of Chaguaramas.
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Last updated: 1 year ago
News and Updates
Recent News
US Increases Export of Plastic Handles and Knobs to Saint Lucia
Recent trade data indicates a 20% increase in the export of plastic handles and knobs (HS Code: 3926.30) from the United States to Saint Lucia in Q3 2023, driven by demand in the construction and furniture sectors.
2023-10-15
Impact: This surge is expected to strengthen trade ties and boost US exporters' revenue, though it may increase competition for local manufacturers in Saint Lucia.
Saint Lucia Importers Seek US Plastic Hardware Amid Supply Chain Recovery
Saint Lucian importers have ramped up orders for plastic handles and knobs from the US as global supply chains stabilize post-pandemic, with a notable uptick in shipments recorded in August 2023.
2023-09-05
Impact: This trend could lead to a steady rise in bilateral trade volume, benefiting US suppliers while potentially increasing import dependency for Saint Lucia.
Trade Agreement Discussions Highlight Plastic Goods Between US and Saint Lucia
During a recent bilateral trade meeting, both nations discussed enhancing trade in niche products, including plastic handles and knobs, as part of broader economic cooperation efforts.
2023-08-20
Impact: If formalized, these discussions could reduce trade barriers, potentially increasing export opportunities for US manufacturers and lowering costs for Saint Lucian buyers.
A new amendment to the existing trade facilitation agreement between the US and Saint Lucia aims to streamline customs procedures for small-scale plastic goods, including handles and knobs (HS Code: 3926.30), potentially reducing clearance times and costs.
Date: 2023-09-15
Saint Lucia Revises Import Tariffs on Plastic Hardware
Saint Lucia has announced a temporary reduction in import tariffs on plastic hardware, including handles and knobs, from 15% to 10% for the remainder of 2023 to support local construction and retail sectors.
