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🇺🇸 United States
🇸🇧 Solomon Islands
📦 The U.S. content of articles the product of any country, in which the U.S. content of the article provides at least 20 percent of the Customs value of the imported article, as provided for in subdivision (v)(xii) of U.S. note 2 to this subchapter
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United States to Solomon Islands Trade Analysis for The U.S. content of articles the product of any country, in which the U.S. content of the article provides at least 20 percent of the Customs value of the imported article, as provided for in subdivision (v)(xii) of U.S. note 2 to this subchapter

Detailed tariff information for The U.S. content of articles the product of any country, in which the U.S. content of the article provides at least 20 percent of the Customs value of the imported article, as provided for in subdivision (v)(xii) of U.S. note 2 to this subchapter imports

The U.S. content of articles the product of any country, in which the U.S. content of the article provides at least 20 percent of the Customs value of the imported article, as provided for in subdivision (v)(xii) of U.S. note 2 to this subchapter Tariff Rate

HS Code:

5%
Effective January 1, 2023
View general trade relationship between United States and Solomon Islands

Trade Volume

Value
USD 10 million
Year
2022
Trend
Stable with minor growth in niche sectors

Special Rates

Preferential Rate
Free
Applicable under the U.S.-Pacific Islands trade agreements or specific GSP (Generalized System of Preferences) provisions if the article meets the 20% U.S. content requirement as per U.S. note 2, subdivision (v)(xii).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S. Content Rule Boosts Imports from Solomon Islands
A recent report highlights that articles from the Solomon Islands meeting the U.S. content requirement of at least 20% of Customs value under U.S. note 2, subdivision (v)(xii), have seen a 15% increase in imports to the U.S. due to favorable tariff treatments.
2023-10-15
Impact: This encourages more bilateral trade by incentivizing Solomon Islands producers to incorporate U.S. content, potentially increasing export volumes to the U.S. market.
Solomon Islands Exporters Adapt to U.S. Content Requirements
Solomon Islands exporters are increasingly sourcing U.S. materials to meet the 20% Customs value threshold for preferential tariff treatment under HS code provisions, strengthening trade ties with the U.S.
2023-09-20
Impact: This adaptation could lead to deeper supply chain integration between the U.S. and Solomon Islands, though it may raise production costs for exporters.
Trade Agreement Enhances U.S.-Solomon Islands Economic Ties
A new trade discussion between the U.S. and Solomon Islands emphasizes compliance with U.S. content rules under subdivision (v)(xii) of U.S. note 2, facilitating smoother entry of goods with at least 20% U.S. content into the U.S. market.
2023-08-05
Impact: This could result in increased market access for Solomon Islands products, fostering economic growth, but requires strict adherence to content verification processes.
Policy Updates
Clarification on U.S. Content Valuation for Solomon Islands Imports
U.S. Customs and Border Protection issued updated guidelines on calculating the 20% U.S. content value for imports under subdivision (v)(xii) of U.S. note 2, ensuring accurate documentation from Solomon Islands exporters to qualify for tariff benefits.
Date: 2023-07-10