Stable with slight increase of 2% from previous year
Special Rates
CARICOM Preferential Rate
0%
Applicable only if imported from a CARICOM member state; United States does not qualify.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Increases Import Quotas for Cocoa Products from Trinidad and Tobago
The United States has adjusted import quotas for cocoa products under HS codes 1806.10.38 and 1806.10.75, allowing an additional 5,000 metric tons from Trinidad and Tobago for the fiscal year 2023.
2023-10-15
Impact: This increase is expected to boost Trinidad and Tobago's cocoa export revenue by approximately 10%, strengthening bilateral trade ties and supporting local producers.
Trinidad and Tobago Cocoa Exports to U.S. Face Quality Compliance Checks
U.S. Customs and Border Protection announced stricter quality inspections for cocoa products under subheadings 1806.10.38 and 1806.10.75 from Trinidad and Tobago due to recent non-compliance issues.
2023-09-22
Impact: Exporters may face delays and increased costs for compliance, potentially reducing export volumes in the short term until quality standards are consistently met.
Trade Agreement Discussions on Cocoa Products Between U.S. and Trinidad and Tobago
Negotiations between the U.S. and Trinidad and Tobago have begun to establish a preferential trade agreement for cocoa products classified under HS 1806.10.38 and 1806.10.75, aiming to reduce tariffs.
2023-08-30
Impact: If successful, this agreement could lower costs for Trinidad and Tobago exporters, increasing competitiveness and market share in the U.S. for cocoa products.
Policy Updates
U.S. Tariff Rate Quota Adjustment for Cocoa Products
The U.S. International Trade Commission has updated the tariff rate quotas for imports under HS 1806.10.38 and 1806.10.75, increasing the duty-free allowance for Trinidad and Tobago as part of the Caribbean Basin Initiative.
Date: 2023-10-01
Trinidad and Tobago Export Certification Requirements
Trinidad and Tobago's Ministry of Trade and Industry introduced new export certification requirements for cocoa products under HS 1806.10.38 and 1806.10.75 to meet U.S. food safety standards, effective immediately.
