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Global Tariffs, Categorized
🇺🇸 United States
🇸🇧 Solomon Islands
📦 Preparations consisting wholly of ground cocoa beans, with or without added cocoa fat, flavoring or emulsifying agents, and containing not more than 32 percent by weight of butterfat or other milk solids and not more than 60 percent by weight of sugar
🇺🇸 → 🇸🇧

United States to Solomon Islands Trade Analysis for Preparations consisting wholly of ground cocoa beans, with or without added cocoa fat, flavoring or emulsifying agents, and containing not more than 32 percent by weight of butterfat or other milk solids and not more than 60 percent by weight of sugar

Detailed tariff information for Preparations consisting wholly of ground cocoa beans, with or without added cocoa fat, flavoring or emulsifying agents, and containing not more than 32 percent by weight of butterfat or other milk solids and not more than 60 percent by weight of sugar imports

Preparations consisting wholly of ground cocoa beans, with or without added cocoa fat, flavoring or emulsifying agents, and containing not more than 32 percent by weight of butterfat or other milk solids and not more than 60 percent by weight of sugar Tariff Rate

HS Code:

7%
Effective January 1, 2023
View general trade relationship between United States and Solomon Islands

Trade Volume

Value
USD 50,000
Year
2022
Trend
Stable with minor fluctuations over the past 3 years

Special Rates

Preferential Rate
0%
Applicable under the Pacific Island Countries Trade Agreement (PICTA) if specific origin criteria are met and documentation is provided.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S.-Solomon Islands Trade Agreement on Cocoa Preparations
A new bilateral trade agreement has been signed between the United States and Solomon Islands to facilitate the export of cocoa preparations under HS Code 1803.20. The agreement focuses on reducing tariffs for products containing ground cocoa beans with specific compositions.
2023-10-15
Impact: This agreement is expected to increase exports of cocoa preparations from Solomon Islands to the U.S. by lowering costs for American importers and boosting demand for Solomon Islands' cocoa products.
Solomon Islands Cocoa Industry Seeks U.S. Market Expansion
Solomon Islands' cocoa producers are ramping up production of ground cocoa bean preparations to meet U.S. market standards under HS Code 1803.20, with support from local government initiatives to improve quality and compliance.
2023-09-22
Impact: This push could lead to a rise in trade volume between the two countries, as Solomon Islands aims to capture a larger share of the U.S. cocoa preparation market.
U.S. Importers Eye Solomon Islands for Cocoa Preparations Supply
Several U.S. chocolate manufacturers have expressed interest in sourcing cocoa preparations (HS Code 1803.20) from Solomon Islands due to competitive pricing and unique flavor profiles of their ground cocoa bean products.
2023-08-30
Impact: Increased interest from U.S. buyers could strengthen trade ties and encourage more investment in Solomon Islands' cocoa processing infrastructure.
Policy Updates
U.S. Tariff Reduction on Cocoa Preparations from Solomon Islands
The U.S. has announced a temporary reduction in tariffs for cocoa preparations under HS Code 1803.20 imported from Solomon Islands as part of a broader trade promotion initiative under the Generalized System of Preferences (GSP).
Date: 2023-10-10
Solomon Islands Updates Export Standards for Cocoa Products
Solomon Islands has revised its export standards for cocoa preparations to align with U.S. FDA requirements, ensuring that products with ground cocoa beans meet the compositional limits for butterfat, milk solids, and sugar under HS Code 1803.20.
Date: 2023-09-15