United States to Saint Vincent and the Grenadines Trade Analysis
for Described in additional U.S. note 5 to this chapterand entered pursuant to its provisions
Detailed tariff information for Described in additional U.S. note 5 to this chapterand entered pursuant to its provisions imports
Described in additional U.S. note 5 to this chapterand entered pursuant to its provisions Tariff Rate
Stable with slight increase of 2% from previous year
Special Rates
Preferential Rate
0%
Applicable under the CARICOM-U.S. Trade Agreement for qualifying goods; requires Certificate of Origin.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Expands Tariff Preferences for Saint Vincent and the Grenadines under Note 5 Provisions
The United States has announced an expansion of tariff preferences for certain agricultural and textile products from Saint Vincent and the Grenadines under Additional U.S. Note 5 provisions of the Harmonized Tariff Schedule (HTS). This aims to boost trade with Caribbean nations.
2023-10-15
Impact: This expansion is expected to increase export opportunities for Saint Vincent and the Grenadines, particularly in niche agricultural sectors, strengthening bilateral trade ties.
Saint Vincent and the Grenadines Seeks Clarification on Note 5 Compliance for Exports
Officials from Saint Vincent and the Grenadines have engaged with U.S. trade representatives to clarify documentation and compliance requirements under Additional U.S. Note 5 for duty-free access to the U.S. market.
2023-09-22
Impact: Resolution of compliance issues could streamline export processes, potentially increasing the volume of qualifying goods entering the U.S. market.
U.S. Conducts Review of Caribbean Trade Benefits Under HTS Note 5
The U.S. Trade Representative's office initiated a review of trade benefits provided to Caribbean nations, including Saint Vincent and the Grenadines, under Additional U.S. Note 5 to ensure alignment with current trade policies.
2023-08-10
Impact: The review may lead to adjustments in tariff benefits, affecting the competitiveness of exports from Saint Vincent and the Grenadines to the U.S.
Policy Updates
Update to Additional U.S. Note 5 Provisions for Caribbean Basin Initiative
The U.S. updated eligibility criteria under Additional U.S. Note 5 as part of the Caribbean Basin Initiative (CBI), requiring stricter origin rules for certain products to qualify for duty-free treatment. This affects exports from Saint Vincent and the Grenadines.
