Limited data available; estimated at under $500,000 USD
Year
2022
Trend
Stable with minor fluctuations due to small market size
Special Rates
Preferential Rate
N/A
No specific preferential agreements applicable for tools for milling from the United States to Sint Maarten.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Limited Trade Activity for Milling Tools Between US and Sint Maarten
Recent trade data indicates minimal activity in the export or import of tools for milling (HS Code: 8207.70) between the United States and Sint Maarten (Dutch part). No significant transactions or deals have been reported in the last quarter.
October 2023
Impact: The lack of trade activity suggests limited demand or supply chain engagement for milling tools between these regions, potentially affecting niche market opportunities.
US Export Restrictions Review Affects Small Markets Like Sint Maarten
A review of US export controls on industrial tools, including milling tools, has raised concerns for small markets like Sint Maarten. While not directly targeted, indirect effects on supply chains could emerge.
September 2023
Impact: Potential delays or increased costs for milling tool imports to Sint Maarten if supply chains are disrupted by broader US export policies.
Sint Maarten Infrastructure Projects Slow, Impacting Tool Imports
Ongoing delays in infrastructure and construction projects in Sint Maarten have led to a reduced demand for industrial tools, including milling tools, from the United States.
August 2023
Impact: Decreased demand may result in lower trade volumes of milling tools from the US to Sint Maarten in the near term.
Policy Updates
US Tariff Schedule Update on Industrial Tools
The United States updated its tariff schedules under the Harmonized Tariff System, with no specific changes targeting Sint Maarten but maintaining existing rates for HS Code 8207.70 (tools for milling). Exporters are advised to monitor for any future bilateral trade agreements.
Date: October 2023
Sint Maarten Customs Procedure Simplification
Sint Maarten authorities introduced simplified customs procedures for importing industrial goods, including milling tools, to encourage small-scale trade. This policy aims to reduce processing times and costs for US exporters.
