Stable with minor fluctuations due to seasonal demand
Special Rates
Preferential Rate under CARICOM-US Trade Agreements
0%
Applicable only if the sailboat meets rules of origin criteria under CARICOM agreements and proper documentation is provided.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US Exports of Sailboats to Suriname See Slight Increase
Recent trade data indicates a marginal rise in the export of sailboats (non-inflatable, with or without auxiliary motor, HS Code: 8903.91) from the United States to Suriname, attributed to growing recreational boating interest in the region.
2023-10-15
Impact: This uptick may encourage US manufacturers to focus on niche markets in South America, though the overall volume remains small.
Suriname Imposes New Import Regulations on Recreational Vessels
Suriname has introduced stricter safety and environmental standards for imported sailboats, impacting US exporters who must now comply with additional certification requirements.
2023-09-20
Impact: US exporters may face increased costs and delays in shipments to Suriname, potentially reducing trade volume in the short term.
Ongoing trade talks between the US and Suriname aim to reduce barriers for recreational boating products, including sailboats, fostering optimism among US exporters.
2023-08-05
Impact: If successful, these discussions could lower tariffs and increase US sailboat exports to Suriname in the coming years.
Policy Updates
Suriname Updates Import Tariffs on Sailboats
Suriname has revised its tariff structure for sailboats under HS Code 8903.91, increasing duties by 5% to support local marine industries while aligning with environmental goals.
Date: 2023-09-01
US Trade Commission Reviews Export Policies for Recreational Vessels
The US International Trade Commission is evaluating export incentives for recreational vessels, including sailboats, to small markets like Suriname as part of broader trade enhancement strategies.
