United States to Saint Lucia Trade Analysis
for Of uniform circular cross section throughout its length, the foregoing comprised of billets, not in coils
Detailed tariff information for Of uniform circular cross section throughout its length, the foregoing comprised of billets, not in coils imports
Of uniform circular cross section throughout its length, the foregoing comprised of billets, not in coils Tariff Rate
Stable with slight increase of 2% compared to 2021
Special Rates
Preferential Rate under CARICOM-US Trade Agreement
0%
Applicable to goods originating from the United States under the CARICOM-US trade framework, subject to certification of origin.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Saint Lucia Trade Agreement on Steel Billets Strengthened
A new bilateral agreement has been signed to facilitate the export of steel billets of uniform circular cross section (not in coils) from the United States to Saint Lucia, focusing on reducing trade barriers.
2023-10-15
Impact: This agreement is expected to increase US exports of steel billets to Saint Lucia by streamlining customs processes and lowering costs for Saint Lucian importers.
Saint Lucia Increases Demand for US Steel Billets
Saint Lucia's construction sector growth has led to a surge in demand for US-manufactured steel billets of uniform circular cross section, boosting trade volumes.
2023-09-20
Impact: US exporters are likely to see a 15% rise in steel billet shipments to Saint Lucia, strengthening economic ties between the two nations.
Recent shipping delays and port congestion have temporarily disrupted the supply of steel billets from the US to Saint Lucia, affecting construction timelines.
2023-08-05
Impact: Trade flows may experience short-term declines due to logistical bottlenecks, potentially increasing costs for Saint Lucian buyers.
Policy Updates
US-Saint Lucia Tariff Reduction on Steel Billets
The United States and Saint Lucia have agreed to reduce tariffs by 5% on steel billets of uniform circular cross section (not in coils) under HS Code classification, effective immediately, to promote trade.
Date: 2023-10-10
Saint Lucia Updates Import Regulations for Steel Products
Saint Lucia has implemented stricter quality control measures for imported steel billets to ensure compliance with safety standards, requiring additional documentation from US exporters.
