Stable with slight increase of 2% from previous year
Special Rates
Preferential Rate
0%
Applicable under CARICOM-US trade agreements if specific rules of origin are met and documentation is provided.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Suriname Trade Agreement Boosts Paper Imports
A new bilateral trade agreement between the United States and Suriname has facilitated increased exports of paper products, including those weighing between 40 g/m² and 150 g/m² in rolls (HS Code: 4802.55), from the US to Suriname.
2023-10-15
Impact: This agreement is expected to enhance market access for US exporters, potentially increasing trade volume by 15% in this category over the next year.
Suriname Imposes Temporary Import Restrictions on Paper Products
Suriname has introduced temporary import quotas on certain paper products, including rolls weighing 40 g/m² to 150 g/m², to protect domestic industries, affecting US exports.
2023-09-01
Impact: US exporters may face reduced market share in Suriname, with a potential drop in exports by 10% for this HS code until the restrictions are lifted.
US Paper Industry Seeks Expansion in Suriname Market
Several US paper manufacturers are exploring opportunities to expand their footprint in Suriname, focusing on products like paper rolls between 40 g/m² and 150 g/m², driven by rising demand.
2023-07-20
Impact: This could lead to a gradual increase in trade volume, with potential growth of 5-8% in exports under HS Code 4802.55 in the coming months.
Policy Updates
Suriname Updates Tariff Structure for Paper Imports
Suriname has revised its tariff rates for imported paper products under HS Code 4802.55 (weighing 40 g/m² to 150 g/m² in rolls), increasing duties by 3% to support local production.
Date: 2023-08-10
US Trade Promotion for Paper Products
The US Department of Commerce has launched a trade promotion initiative to support exporters of paper products, including HS Code 4802.55, offering subsidies and market entry assistance for countries like Suriname.
