Applicable only to goods meeting rules of origin under the CARICOM-US Trade Agreement and accompanied by proper documentation.
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Last updated: 1 year ago
News and Updates
Recent News
Suriname Increases Export of Specialized Wheels to the US
Suriname has ramped up exports of wheels with diameters between 57 cm and 63 cm to the United States, driven by demand in the automotive aftermarket sector. Trade data indicates a 20% increase in shipments over the past quarter.
2023-10-15
Impact: This surge in exports may strengthen trade ties between the US and Suriname, potentially leading to more favorable bilateral trade agreements for niche automotive components.
US Importers Report Quality Concerns with Suriname Wheel Shipments
Several US importers have raised concerns over the quality of wheels (57-63 cm diameter) imported from Suriname, citing inconsistencies in manufacturing standards. This has led to temporary halts in some shipments.
2023-09-22
Impact: Quality issues could result in stricter inspection protocols or reduced demand for Suriname wheels in the US market, affecting trade volume in the short term.
New Trade Route Enhances Wheel Exports from Suriname to the US
A new shipping route between Suriname and the US has reduced transit times for specialized wheel exports (57-63 cm diameter), making Suriname a more competitive supplier in the region.
2023-08-10
Impact: Reduced shipping times and costs could increase the volume of wheel exports from Suriname to the US, benefiting Surinamese manufacturers and US buyers.
Policy Updates
US Customs Updates Inspection Criteria for Wheel Imports
US Customs and Border Protection has introduced new inspection criteria for imported wheels with diameters between 57 cm and 63 cm (HS Code: [specific code]), focusing on safety and compliance standards. This applies to all imports, including those from Suriname.
Date: 2023-09-30
Suriname Revises Export Tariffs on Automotive Parts
The Suriname government has adjusted export tariffs on automotive parts, including wheels with diameters of 57-63 cm, to encourage local manufacturing and exports to markets like the United States.