United States to Trinidad and Tobago Trade Analysis
for Other floating structures (for example, rafts, tanks, cofferdams, landing-stages, buoys and beacons)
Detailed tariff information for Other floating structures (for example, rafts, tanks, cofferdams, landing-stages, buoys and beacons) imports
Other floating structures (for example, rafts, tanks, cofferdams, landing-stages, buoys and beacons) Tariff Rate
Stable with slight increase of 2% from previous year
Special Rates
CARICOM Preferential Rate
0%
Applicable to imports from CARICOM member states; does not apply to imports from the United States
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US Exports of Floating Structures to Trinidad and Tobago See Slight Increase
Recent trade data indicates a marginal rise in the export of other floating structures, such as buoys and beacons, from the US to Trinidad and Tobago, driven by demand in maritime infrastructure projects.
2023-10-15
Impact: This increase may strengthen bilateral trade ties and support Trinidad and Tobago's port and maritime safety initiatives.
Trinidad and Tobago Seeks US-Made Floating Tanks for Energy Sector
Trinidad and Tobago's energy sector has shown interest in importing specialized floating tanks from the US to support offshore oil and gas operations, with negotiations ongoing.
2023-09-22
Impact: Potential growth in this niche trade segment could boost US exports and deepen economic cooperation in the energy sector.
US and Trinidad and Tobago Discuss Trade Logistics for Floating Structures
A bilateral meeting highlighted logistical challenges in the trade of floating structures like cofferdams and landing-stages, with both countries aiming to streamline shipping processes.
2023-08-30
Impact: Improved logistics could reduce costs and enhance trade efficiency for these specialized goods.
Policy Updates
US Updates Export Regulations for Floating Structures
The US Department of Commerce has revised export control policies for certain floating structures under HS Code 8907.90, requiring additional documentation for shipments to Trinidad and Tobago to ensure compliance with safety standards.
Date: 2023-10-01
Trinidad and Tobago Revises Import Tariffs on Maritime Equipment
Trinidad and Tobago has announced a temporary reduction in import tariffs on other floating structures (HS Code 8907.90) to encourage infrastructure development, effective until mid-2024.
