Limited data available; estimated at less than $100,000 USD
Year
2022
Trend
Stable with minimal fluctuations due to niche market for aeronautical instruments
Special Rates
Preferential Rate
0%
Applicable under CARICOM agreements or specific trade arrangements with the US; subject to proof of origin.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Increased Demand for Aeronautical Navigation Instruments in British Virgin Islands
Recent reports indicate a surge in demand for advanced aeronautical navigation instruments in the British Virgin Islands, prompting increased exports from the United States.
2023-10-15
Impact: This trend is likely to boost trade volumes between the US and British Virgin Islands, potentially leading to stronger bilateral trade agreements.
US Exporters Face Shipping Delays to British Virgin Islands
Logistical challenges and port congestion have caused delays in the shipment of aeronautical navigation instruments from the US to the British Virgin Islands.
2023-09-28
Impact: Delays may temporarily disrupt supply chains and affect the availability of critical navigation equipment in the British Virgin Islands.
New Trade Partnership Enhances Navigation Tech Exports
A new trade partnership between US-based manufacturers and distributors in the British Virgin Islands aims to streamline the export of space navigation appliances.
2023-08-10
Impact: This partnership is expected to increase export efficiency and reduce costs, fostering growth in trade for HS Code 9014.20 products.
Policy Updates
Updated Tariff Reductions for Navigation Instruments
The US and British Virgin Islands have agreed to reduce tariffs on aeronautical and space navigation instruments (HS Code 9014.20) to encourage trade and technological collaboration.
Date: 2023-09-15
New Export Compliance Regulations
The US Department of Commerce has introduced stricter export compliance requirements for navigation instruments to ensure security and prevent misuse, impacting shipments to the British Virgin Islands.
