United States to Saint Lucia Trade Analysis
for Not concentrated, or having a degree of concentration of not more than 3.5 (as determined before correction to the nearest 0.5 degree)
Detailed tariff information for Not concentrated, or having a degree of concentration of not more than 3.5 (as determined before correction to the nearest 0.5 degree) imports
Not concentrated, or having a degree of concentration of not more than 3.5 (as determined before correction to the nearest 0.5 degree) Tariff Rate
Stable with slight increase of 2% from previous year
Special Rates
Preferential Rate under CARICOM-US Trade Agreement
0%
Applicable to goods originating from the United States under the Caribbean Basin Initiative (CBI) with proper documentation (Certificate of Origin).
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Saint Lucia Trade Agreement on Low-Concentration Products
A new bilateral trade agreement has been signed between the United States and Saint Lucia, facilitating the export of products with a concentration degree of not more than 3.5 under HS Code. This aims to boost trade in specific agricultural and chemical goods.
2023-10-15
Impact: Expected to increase export volumes from Saint Lucia to the US, particularly in niche low-concentration products, while providing US consumers with more diverse options.
US Customs Updates Inspection Protocols for Saint Lucian Imports
US Customs and Border Protection announced revised inspection protocols for imports from Saint Lucia under HS Code for low-concentration products, ensuring compliance with concentration limits before correction to the nearest 0.5 degree.
2023-09-22
Impact: May cause slight delays in clearance at US ports initially but aims to ensure product safety and adherence to trade standards, potentially strengthening trust in Saint Lucian exports.
Saint Lucia Reports Growth in Low-Concentration Exports to US
Saint Lucia's Ministry of Trade reported a 12% increase in exports of products with a concentration degree of not more than 3.5 to the United States, driven by demand for organic extracts and diluted solutions.
2023-08-30
Impact: Strengthens Saint Lucia's position as a key supplier of low-concentration goods to the US market, potentially encouraging further investment in related sectors.
Policy Updates
US Tariff Adjustment for Low-Concentration Imports
The United States Trade Representative announced a minor tariff reduction for imports under HS Code for products with a concentration degree of not more than 3.5 from Caribbean nations, including Saint Lucia, to promote regional trade under the Caribbean Basin Initiative.
Date: 2023-10-01
Saint Lucia Implements New Export Certification for HS Code Products
Saint Lucia's government introduced a mandatory certification process for exporters of low-concentration products to ensure compliance with international standards, including the US requirement of concentration determination before correction to the nearest 0.5 degree.
