United States to Saint Vincent and the Grenadines Trade Analysis
for Reciprocating piston engines of a kind used for the propulsion of vehicles of chapter 87
Detailed tariff information for Reciprocating piston engines of a kind used for the propulsion of vehicles of chapter 87 imports
Reciprocating piston engines of a kind used for the propulsion of vehicles of chapter 87 Tariff Rate
Stable with slight increase of 2% from previous year
Special Rates
CARICOM Preferential Rate
0%
Applicable only if the exporter provides a Certificate of Origin proving the goods meet CARICOM rules of origin.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US Exports of Reciprocating Piston Engines to Saint Vincent and the Grenadines See Slight Increase
Recent trade data indicates a marginal rise in the export of reciprocating piston engines (HS Code 8407) from the United States to Saint Vincent and the Grenadines, driven by demand for vehicle propulsion systems in the region.
2023-10-15
Impact: This increase could strengthen trade ties and encourage further investment in automotive sectors between the two nations.
Saint Vincent and the Grenadines Imposes New Import Regulations on Vehicle Engines
Saint Vincent and the Grenadines has introduced stricter import standards for vehicle propulsion engines, including reciprocating piston engines, to ensure compliance with environmental regulations.
2023-09-20
Impact: US exporters may face higher compliance costs and potential delays in shipments due to the new regulatory requirements.
Trade Agreement Discussions Include Vehicle Engine Exports
Ongoing trade discussions between the US and Saint Vincent and the Grenadines have highlighted the export of reciprocating piston engines as a key area for potential tariff reductions and market access improvements.
2023-08-05
Impact: A finalized agreement could lower trade barriers, boosting US engine exports to the region.
Policy Updates
Update to US Export Controls on Vehicle Engines
The US Department of Commerce has updated export control policies for reciprocating piston engines (HS Code 8407), requiring additional documentation for shipments to certain Caribbean nations, including Saint Vincent and the Grenadines, to prevent misuse in non-civilian applications.
Date: 2023-10-01
Saint Vincent and the Grenadines Revises Tariff Schedule for Engine Imports
The government of Saint Vincent and the Grenadines has revised its tariff schedule, increasing duties on reciprocating piston engines for vehicles under HS Code 8407 as part of a broader initiative to promote local manufacturing and reduce reliance on imports.
