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Other moving, grading, leveling, scraping, excavating, tamping, compacting, extracting or boring machinery, for earth, minerals or ores; pile-drivers and pile-extractors; snowplows and snowblowers
United States to Virgin Islands, British Trade Analysis
for Other moving, grading, leveling, scraping, excavating, tamping, compacting, extracting or boring machinery, for earth, minerals or ores; pile-drivers and pile-extractors; snowplows and snowblowers
Detailed tariff information for Other moving, grading, leveling, scraping, excavating, tamping, compacting, extracting or boring machinery, for earth, minerals or ores; pile-drivers and pile-extractors; snowplows and snowblowers imports
Other moving, grading, leveling, scraping, excavating, tamping, compacting, extracting or boring machinery, for earth, minerals or ores; pile-drivers and pile-extractors; snowplows and snowblowers Tariff Rate
Stable, with minor fluctuations due to construction demand in the British Virgin Islands.
Special Rates
Preferential Rate
0%
Applicable under CARICOM agreements or specific trade arrangements with the United States; subject to rules of origin certification.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Increase in Demand for Excavating Machinery in British Virgin Islands
Recent infrastructure projects in the British Virgin Islands have led to a spike in demand for excavating and grading machinery, with a significant portion being imported from the United States under HS Code 8430.
2023-10-15
Impact: This surge is expected to boost U.S. exports of heavy machinery to the British Virgin Islands, potentially increasing trade volume by 15% in the next quarter.
U.S. Exporters Face Shipping Delays to British Virgin Islands
Logistical challenges and port congestion have caused delays in the shipment of earth-moving machinery (HS Code 8430) from the United States to the British Virgin Islands.
2023-09-28
Impact: Delays may temporarily reduce trade efficiency, increasing costs for U.S. exporters and potentially affecting project timelines in the British Virgin Islands.
New Construction Boom Drives Machinery Imports in British Virgin Islands
A wave of post-hurricane reconstruction projects in the British Virgin Islands has resulted in increased imports of compacting and boring machinery from the United States.
2023-08-10
Impact: This trend is likely to strengthen bilateral trade ties, with U.S. manufacturers of HS Code 8430 machinery seeing a steady rise in orders.
Policy Updates
British Virgin Islands Reduces Import Tariffs on Heavy Machinery
The British Virgin Islands government has announced a temporary reduction in import tariffs on earth-moving and excavating machinery (HS Code 8430) to support ongoing reconstruction efforts, benefiting U.S. exporters.
