United States to Suriname Trade Analysis
for Flat-rolled products of iron or nonalloy steel, of a width of less than 600 mm, not clad, plated or coated
Detailed tariff information for Flat-rolled products of iron or nonalloy steel, of a width of less than 600 mm, not clad, plated or coated imports
Flat-rolled products of iron or nonalloy steel, of a width of less than 600 mm, not clad, plated or coated Tariff Rate
Stable with slight increase of 2% from previous year
Special Rates
Preferential Rate
0%
Applicable under CARICOM agreements if conditions of origin are met and proper documentation is provided.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Increases Exports of Flat-Rolled Iron Products to Suriname
Recent trade data shows a 20% increase in U.S. exports of flat-rolled iron or nonalloy steel (under 600 mm width, not clad, plated, or coated) to Suriname in Q3 2023, driven by infrastructure projects in the region.
2023-10-15
Impact: This surge strengthens trade ties and supports Suriname's construction sector, potentially leading to long-term demand for U.S. steel products.
Suriname Imposes Temporary Quota on Steel Imports
Suriname has introduced a temporary quota on imports of specific steel products, including flat-rolled iron or nonalloy steel under 600 mm width, to protect local industries amid rising import volumes from the U.S.
2023-09-05
Impact: This could restrict U.S. exports in the short term, prompting U.S. exporters to seek alternative markets or negotiate exemptions.
U.S.-Suriname Trade Talks Address Steel Tariffs
During bilateral trade discussions, the U.S. and Suriname addressed concerns over tariffs on flat-rolled steel products, aiming to reduce barriers for products under HS Code 7211.
2023-08-20
Impact: Potential tariff reductions could boost U.S. exports of these steel products to Suriname, enhancing market access for American manufacturers.
Policy Updates
Suriname Updates Import Regulations for Steel Products
Suriname's Ministry of Trade has updated import regulations, introducing stricter documentation requirements for flat-rolled iron or nonalloy steel (width < 600 mm, not clad, plated, or coated) to ensure compliance with safety and quality standards.
Date: 2023-09-10
U.S. Revises Export Controls on Steel to Suriname
The U.S. Department of Commerce has revised export control policies, easing restrictions on certain steel products, including flat-rolled iron or nonalloy steel under 600 mm width, to encourage trade with Suriname.
