Applicable under the US-Caribbean Basin Trade Partnership Act (CBTPA) for eligible goods
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Last updated: 1 year ago
News and Updates
Recent News
US Increases Export of Thin Metal Sheets to British Virgin Islands
Recent trade data shows a 12% increase in exports of sheets, strip, and foil (thickness ≤ 0.2 mm, HS Code: 7607) from the US to the British Virgin Islands in Q3 2023, driven by demand in construction and manufacturing sectors.
2023-10-15
Impact: This surge strengthens trade ties and could lead to more consistent demand for US aluminum products in the region.
British Virgin Islands Importers Seek US Suppliers for Aluminum Foil
Importers in the British Virgin Islands are actively seeking US suppliers for aluminum foil and thin strips (HS Code: 7607) to meet rising local packaging industry needs.
2023-09-22
Impact: Potential for long-term contracts and increased US export volumes to the British Virgin Islands.
Shipping delays and rising freight costs have temporarily disrupted the flow of thin metal sheets and foil (HS Code: 7607) from the US to the British Virgin Islands, affecting small-scale importers.
2023-08-30
Impact: Short-term trade slowdowns expected; resolution of logistics issues could restore normal trade volumes.
Policy Updates
US Updates Export Documentation for Aluminum Products
The US Department of Commerce has introduced new export documentation requirements for aluminum sheets, strips, and foil (HS Code: 7607), aiming to enhance tracking and compliance. This applies to shipments to the British Virgin Islands.
Date: 2023-10-01
British Virgin Islands Revises Import Tariffs on Metal Products
The British Virgin Islands government has reduced import tariffs on thin metal sheets and foil (HS Code: 7607) by 5% to encourage industrial growth, affecting trade with the US.
