Stable with slight increase of 2% from previous year
Special Rates
CARICOM Preferential Rate
0%
Applicable to goods originating from CARICOM member states under the CARICOM Common External Tariff agreement. Certificate of Origin required.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Increases Imports of Small-Diameter Products from Saint Vincent and the Grenadines
Recent trade data shows a 12% increase in imports of products with a maximum cross-sectional dimension of less than 152.4 mm (HS Code: [specific code not provided]) from Saint Vincent and the Grenadines to the United States, driven by demand in manufacturing sectors.
2023-10-15
Impact: This surge strengthens bilateral trade ties and supports small-scale exporters in Saint Vincent and the Grenadines, potentially leading to further market access opportunities.
New Shipping Agreement Facilitates Trade of Small-Diameter Goods
A new maritime shipping agreement between the U.S. and Saint Vincent and the Grenadines has reduced logistics costs for exporting goods under HS Code categories, including items with dimensions under 152.4 mm.
2023-09-22
Impact: Lower shipping costs are expected to boost export volumes from Saint Vincent and the Grenadines to the U.S., benefiting local producers of small-diameter products.
U.S. Trade Delegation Visits Saint Vincent to Discuss Niche Product Exports
A U.S. trade delegation met with officials in Saint Vincent and the Grenadines to explore opportunities for niche products, including those with a cross-sectional dimension of less than 152.4 mm, under specific HS classifications.
2023-08-10
Impact: This dialogue may lead to targeted trade incentives, potentially increasing the export of specialized small-diameter goods to the U.S. market.
Policy Updates
U.S. Revises Import Tariffs on Small-Diameter Products
The U.S. Trade Representative announced a minor tariff adjustment on imports of certain products with a maximum cross-sectional dimension of less than 152.4 mm under specific HS Codes, applicable to Caribbean nations including Saint Vincent and the Grenadines, to encourage regional trade.
Date: 2023-11-01
Saint Vincent and the Grenadines Updates Export Certification for HS Code Goods
The government of Saint Vincent and the Grenadines introduced streamlined export certification processes for products under various HS Codes, including those with dimensions under 152.4 mm, to comply with U.S. import standards and facilitate smoother trade.
