US-Seychelles Trade Agreement on Glass Coasters
A new bilateral trade agreement between the United States and Seychelles has reduced tariffs on niche glass products, including sets of coasters of glass (HS 7013.99.50), to promote cultural exchange and small-scale trade.
2023-10-15
Impact: This agreement is expected to increase exports of glass coasters from Seychelles to the US by reducing costs for importers, potentially boosting demand for these specialty items valued between $0.30 and $3 each.
Seychelles Glass Coaster Exports to US See Growth
Recent trade data indicates a 15% increase in exports of glass coaster sets (HS 7013.99.50) from Seychelles to the United States, driven by growing interest in unique, artisanal home decor products.
2023-09-22
Impact: The growth may encourage Seychellois artisans to scale production, though limited supply chains could pose challenges to meeting US demand.
US Importers Explore Seychelles for Specialty Glassware
US importers are increasingly sourcing specialty glass coasters (HS 7013.99.50) from Seychelles due to their unique 3D imagery and competitive pricing between $0.30 and $3 per piece.
2023-08-10
Impact: This trend could strengthen trade ties between the two nations, though the niche market may limit significant volume growth.