Stable with slight increase of 2% compared to 2021
Special Rates
Preferential Rate
0%
Applicable under CARICOM agreements or specific bilateral arrangements with the United States, subject to proof of origin and compliance with rules of origin.
A new trade agreement between the United States and Sint Maarten has reduced tariffs on vehicles with G.V.W. not exceeding 5 metric tons (HS Code: 8704.21), facilitating increased exports from the US.
2023-10-15
Impact: This agreement is expected to increase US exports of light commercial vehicles to Sint Maarten by 15% over the next year, strengthening bilateral trade ties.
Sint Maarten Imposes Temporary Import Quota on US Light Trucks
Sint Maarten introduced a temporary quota on imports of light trucks (G.V.W. not exceeding 5 metric tons) from the US to protect local markets amidst rising demand.
2023-09-01
Impact: The quota may limit US exporters' access to the Sint Maarten market in the short term, potentially reducing trade volume by 10% for this category.
US Exporters Face Logistics Delays to Sint Maarten
Port congestion in Sint Maarten has caused delays for US shipments of light vehicles under HS Code 8704.21, affecting delivery timelines.
2023-08-20
Impact: Delays could lead to temporary disruptions in supply chains, increasing costs for US exporters and potentially impacting trade competitiveness.
Policy Updates
Revised Tariff Schedule for Light Vehicles in Sint Maarten
Sint Maarten has updated its tariff schedule, reducing import duties on vehicles with G.V.W. not exceeding 5 metric tons from the US as part of a broader trade facilitation effort.
Date: 2023-10-10
US Trade Compliance Requirements Tightened
The US has introduced stricter documentation and compliance requirements for exports of light commercial vehicles under HS Code 8704.21, aiming to enhance transparency in trade with Sint Maarten.
