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Global Tariffs, Categorized

🇺🇸 United States
🇸🇷 Suriname
📦 Prepackaged software for automatic data processing machines, of a kind sold at retail
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United States to Suriname Trade Analysis for Prepackaged software for automatic data processing machines, of a kind sold at retail

Detailed tariff information for Prepackaged software for automatic data processing machines, of a kind sold at retail imports

Prepackaged software for automatic data processing machines, of a kind sold at retail Tariff Rate

HS Code:

20%
Effective January 1, 2023

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight increase of 3% from previous year

Special Rates

Preferential Rate
0%
Applicable under CARICOM agreements if specific criteria for origin are met; not typically applicable for imports from the United States unless routed through a CARICOM member with proper documentation.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US Increases Exports of Prepackaged Software to Suriname
Recent trade data shows a 12% increase in US exports of prepackaged software for automatic data processing machines (HS Code: 8523.49) to Suriname in Q3 2023, driven by demand for business automation solutions.
2023-10-15
Impact: This growth strengthens US-Suriname trade ties and supports Suriname's digital transformation efforts, potentially leading to further market opportunities for US software companies.
Suriname Adopts New Import Standards for Software Products
Suriname has introduced stricter compliance requirements for imported prepackaged software, including mandatory licensing and cybersecurity certifications, affecting US exporters.
2023-09-20
Impact: US companies may face delays and increased costs to meet Suriname's new standards, potentially impacting export volumes in the short term.
US-Suriname Trade Talks Highlight Software Sector
During bilateral trade discussions, the US and Suriname emphasized cooperation in the tech sector, with a focus on easing barriers for prepackaged software trade (HS Code: 8523.49).
2023-08-05
Impact: These talks could lead to reduced tariffs or streamlined customs processes, boosting US software exports to Suriname in the near future.
Policy Updates
Suriname Updates Import Tariffs on Software Products
Suriname has revised its tariff structure for prepackaged software under HS Code 8523.49, increasing the duty rate by 5% to protect local IT industries while ensuring compliance with WTO guidelines.
Date: 2023-09-25
US Extends GSP Benefits for Suriname Software Imports
The US renewed Suriname's eligibility under the Generalized System of Preferences (GSP), which includes duty-free access for certain software products, aiming to foster stronger economic ties.
Date: 2023-07-30