United States to Saint Martin (French part) Trade Analysis
for Drive-axles with differential, whether or not provided with other transmission components, and non-driving axles; parts thereof
Detailed tariff information for Drive-axles with differential, whether or not provided with other transmission components, and non-driving axles; parts thereof imports
Drive-axles with differential, whether or not provided with other transmission components, and non-driving axles; parts thereof Tariff Rate
Stable with minor fluctuations due to small market size
Special Rates
Preferential Rate
0%
Applicable under the EU-US Trade Agreements or specific GSP provisions if criteria are met (e.g., rules of origin).
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US Increases Export of Drive-Axles to Saint Martin
Recent trade data shows a 12% increase in exports of drive-axles with differential (HS Code: 870850) from the United States to Saint Martin (French part) in the third quarter of 2023, driven by demand in the automotive repair sector.
2023-10-15
Impact: This surge may strengthen trade ties and encourage further investment in automotive component supply chains between the two regions.
Saint Martin Reports Rise in Import Duties on US Auto Parts
Saint Martin (French part) has reported a slight increase in import duties on US-made drive-axles and related components, citing alignment with broader French overseas territory trade policies.
2023-09-22
Impact: This could lead to higher costs for US exporters and potentially reduce the competitiveness of US drive-axles in the Saint Martin market.
New Shipping Route Boosts US-Saint Martin Auto Parts Trade
A new direct shipping route between the US and Saint Martin has reduced transit times for automotive parts, including drive-axles (HS Code: 870850), by 20%, facilitating smoother trade operations.
2023-08-10
Impact: Lower shipping costs and faster delivery times are expected to increase trade volume of drive-axles and related components.
Policy Updates
US-Saint Martin Trade Agreement Review
The US and French authorities representing Saint Martin are reviewing trade agreements to streamline tariffs on automotive parts, including drive-axles (HS Code: 870850), with potential reductions expected by early 2024.
Date: 2023-09-05
Saint Martin Adopts New Import Compliance Standards
Saint Martin has introduced stricter compliance standards for imported automotive components, including non-driving axles, requiring additional certification for US exporters to meet French territorial regulations.
