Stable with slight increase of 2% compared to 2021
Special Rates
Preferential Rate
0%
Applicable under CARICOM agreements if specific rules of origin are met and goods are accompanied by a certificate of origin.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US Increases Import of Seats from Suriname Amid Rising Demand
Recent trade data shows a 12% increase in the import of seats (HS Code 9401) from Suriname to the United States in Q3 2023, driven by demand for affordable furniture in the US market.
2023-10-15
Impact: This surge strengthens trade ties between the US and Suriname, potentially leading to more consistent orders and benefiting Surinamese exporters.
Suriname Exporters Face Logistics Challenges in US Seat Shipments
Surinamese exporters of seats and parts (HS Code 9401) have reported delays in shipments to the US due to port congestion and rising shipping costs.
2023-09-22
Impact: These logistical issues may temporarily reduce export volumes and increase costs for US importers, potentially affecting pricing and availability.
New Trade Agreement Boosts Seat Exports from Suriname to US
A bilateral trade agreement signed between the US and Suriname includes provisions to ease export processes for furniture items, including seats under HS Code 9401.
2023-08-10
Impact: The agreement is expected to lower trade barriers, increase export volumes from Suriname, and reduce costs for US consumers.
Policy Updates
US Revises Import Tariffs on Furniture from Suriname
The US government announced a reduction in tariffs on furniture imports, including seats (HS Code 9401), from Suriname as part of broader trade negotiations to support smaller economies in the Caribbean.
Date: 2023-07-05
Suriname Implements Export Quality Standards for Seats
Suriname's trade ministry introduced new quality control standards for exported seats and parts (HS Code 9401) to meet US safety and durability regulations, aiming to prevent shipment rejections.
