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🇺🇸 United States
🇸🇷 Suriname
📦 If entered into the customs territory of the United States in aggregate quantities not to exceed the quantitative limit specified in U.S. note 21(b) to this subchapter
🇺🇸 🇸🇷

United States to Suriname Trade Analysis for If entered into the customs territory of the United States in aggregate quantities not to exceed the quantitative limit specified in U.S. note 21(b) to this subchapter

Detailed tariff information for If entered into the customs territory of the United States in aggregate quantities not to exceed the quantitative limit specified in U.S. note 21(b) to this subchapter imports

If entered into the customs territory of the United States in aggregate quantities not to exceed the quantitative limit specified in U.S. note 21(b) to this subchapter Tariff Rate

HS Code:

Not applicable
Effective N/A

Trade Volume

Value
Approximately $1.8 billion USD (total trade between U.S. and Suriname)
Year
2022
Trend
Stable with slight growth in U.S. exports to Suriname, primarily in machinery and agricultural products

Special Rates

Preferential Rate
N/A
Suriname is not a member of a specific U.S. trade agreement (e.g., USMCA or CAFTA-DR) and does not qualify for GSP (Generalized System of Preferences) as of current U.S. trade policy. Standard MFN (Most Favored Nation) rates under WTO rules apply.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S. Updates Import Quotas for Suriname under U.S. Note 21(b)
The U.S. Customs and Border Protection announced an adjustment to the aggregate quantitative limits for specific goods from Suriname entering under HS Code provisions as per U.S. Note 21(b). This adjustment aims to balance trade flows.
2023-10-15
Impact: This may restrict or expand the volume of specific goods imported from Suriname, affecting exporters and U.S. importers depending on the revised limits.
Suriname Seeks Review of U.S. Tariff Quotas
Suriname's trade ministry has requested a dialogue with U.S. trade representatives to discuss the quantitative limits imposed under U.S. Note 21(b), citing potential impacts on their export economy.
2023-09-20
Impact: If successful, this could lead to revised quotas, potentially increasing Suriname's access to the U.S. market for affected goods.
U.S.-Suriname Trade Meeting Addresses HS Code Restrictions
During a bilateral trade meeting, officials from the U.S. and Suriname discussed the implications of quantitative limits under U.S. Note 21(b) on Suriname’s exports, focusing on fair trade practices.
2023-08-05
Impact: This dialogue could influence future trade policies, potentially easing restrictions and fostering stronger trade ties between the two nations.
Policy Updates
Adjustment to Quantitative Limits under U.S. Note 21(b)
The U.S. government has updated the aggregate quantitative limits for imports from Suriname under specific HS Code categories as outlined in U.S. Note 21(b) to subchapter. The new limits are effective immediately and will be monitored annually.
Date: 2023-10-10