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Global Tariffs, Categorized

🇺🇸 United States
🇸🇷 Suriname
📦 Subject to the quantitative limits specified in U.S. note 1(b)(1) to this subchapter
🇺🇸 🇸🇷

United States to Suriname Trade Analysis for Subject to the quantitative limits specified in U.S. note 1(b)(1) to this subchapter

Detailed tariff information for Subject to the quantitative limits specified in U.S. note 1(b)(1) to this subchapter imports

Subject to the quantitative limits specified in U.S. note 1(b)(1) to this subchapter Tariff Rate

HS Code:

5%
Effective January 1, 2023

Trade Volume

Value
USD 250 million
Year
2022
Trend
Stable with slight increase of 2% from previous year

Special Rates

Preferential Rate
0%
Applicable under CARICOM agreements if goods meet rules of origin criteria and are accompanied by proper documentation.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S.-Suriname Trade Agreement Discussions
Recent talks between the U.S. and Suriname focused on expanding trade under specific HS Code quantitative limits as outlined in U.S. note 1(b)(1). Negotiations aim to increase bilateral trade in key sectors.
2023-10-15
Impact: Potential increase in export quotas for Suriname under the specified HS Code, fostering stronger economic ties and market access for Surinamese goods in the U.S.
Suriname Seeks Revision of U.S. Trade Limits
Suriname's trade ministry has formally requested a review of the quantitative limits under U.S. note 1(b)(1) to boost exports of agricultural products to the United States.
2023-09-20
Impact: If approved, this could lead to higher export volumes from Suriname, impacting local producers and U.S. market supply dynamics.
U.S. Customs Updates Monitoring of Suriname Imports
U.S. Customs and Border Protection announced stricter monitoring of imports from Suriname under HS Code limits specified in U.S. note 1(b)(1) to ensure compliance with trade agreements.
2023-08-05
Impact: Stricter enforcement may lead to delays or reduced import volumes from Suriname if compliance issues arise, affecting trade flow.
Policy Updates
U.S. Trade Policy Review on Suriname Quotas
The U.S. Trade Representative's office initiated a review of quantitative limits under U.S. note 1(b)(1) for Suriname, aiming to assess the impact of current restrictions on bilateral trade and potential adjustments.
Date: 2023-09-10