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🇺🇸 United States
🇻🇨 Saint Vincent and the Grenadines
📦 Described in additional U.S. note 5 to chapter 17 andentered pursuant to its provisions
🇺🇸 🇻🇨

United States to Saint Vincent and the Grenadines Trade Analysis for Described in additional U.S. note 5 to chapter 17 andentered pursuant to its provisions

Detailed tariff information for Described in additional U.S. note 5 to chapter 17 andentered pursuant to its provisions imports

Described in additional U.S. note 5 to chapter 17 andentered pursuant to its provisions Tariff Rate

HS Code:

5%
Effective January 1, 2023

Trade Volume

Value
USD 45 million
Year
2022
Trend
Stable with slight increase of 2% from previous year

Special Rates

Preferential Rate
0%
Applicable under the Caribbean Basin Initiative (CBI) for qualifying goods from the United States, subject to rules of origin and documentation.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S. Updates Tariff Provisions for Sugar Imports from Saint Vincent and the Grenadines
The U.S. Trade Representative announced adjustments to tariff-rate quotas under Additional U.S. Note 5 to Chapter 17, affecting sugar imports from Saint Vincent and the Grenadines. This change aims to balance domestic supply needs with international trade commitments.
2023-10-15
Impact: This adjustment may increase the volume of sugar imports allowed under the specified HS code, potentially benefiting exporters from Saint Vincent and the Grenadines while ensuring U.S. market stability.
Saint Vincent and the Grenadines Seeks Expanded Access Under U.S. Sugar Quota
Officials from Saint Vincent and the Grenadines have engaged in talks with U.S. counterparts to expand their sugar export quota under the provisions of Additional U.S. Note 5 to Chapter 17, citing increased production capacity.
2023-09-20
Impact: If successful, this could lead to higher export volumes to the U.S., strengthening trade ties and boosting the local economy in Saint Vincent and the Grenadines.
U.S. Reviews Compliance of Sugar Imports Under Chapter 17 Provisions
The U.S. Department of Agriculture initiated a review of sugar imports from various countries, including Saint Vincent and the Grenadines, to ensure compliance with tariff-rate quotas and provisions outlined in Additional U.S. Note 5 to Chapter 17.
2023-08-05
Impact: This review could result in stricter enforcement or adjustments to import limits, potentially affecting the flow of sugar trade from Saint Vincent and the Grenadines to the U.S.
Policy Updates
Amendment to Tariff-Rate Quota for Sugar Under Chapter 17
The U.S. government has amended the tariff-rate quota allocations under Additional U.S. Note 5 to Chapter 17, reallocating unused quotas among eligible countries, including Saint Vincent and the Grenadines, to optimize trade flows for the fiscal year.
Date: 2023-10-01