United States to Virgin Islands, British Trade Analysis
for With internal combustion piston engine of a cylinder capacity exceeding 50 cc but not exceeding 250 cc
Detailed tariff information for With internal combustion piston engine of a cylinder capacity exceeding 50 cc but not exceeding 250 cc imports
With internal combustion piston engine of a cylinder capacity exceeding 50 cc but not exceeding 250 cc Tariff Rate
Applicable under specific trade agreements or for qualifying goods under the Caribbean Basin Initiative (CBI) if conditions are met.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US Increases Exports of Small-Capacity Engines to British Virgin Islands
Recent trade data shows a 12% increase in exports of internal combustion piston engines (50cc-250cc, HS Code: 8407.32) from the US to the British Virgin Islands, driven by demand in the marine and recreational vehicle sectors.
2023-10-15
Impact: This surge could strengthen trade ties and encourage further investment in small engine manufacturing in the US for Caribbean markets.
British Virgin Islands Importers Seek US Engine Suppliers
Importers in the British Virgin Islands are actively seeking US suppliers for internal combustion engines (50cc-250cc) to meet growing needs in local tourism and transport industries.
2023-09-22
Impact: Increased demand may lead to higher US export volumes and potential long-term contracts for American manufacturers.
Logistics Challenges Affect US-BVI Engine Trade
Shipping delays and rising freight costs have temporarily disrupted the trade of small internal combustion engines between the US and British Virgin Islands, causing a backlog of orders.
2023-08-30
Impact: Short-term trade slowdowns may affect supply chains, but resolution of logistics issues could stabilize trade flows.
Policy Updates
US Updates Export Regulations for Small Engines
The US Department of Commerce has introduced new export documentation requirements for internal combustion engines (HS Code: 8407.32), aiming to enhance tracking and compliance for shipments to Caribbean territories including the British Virgin Islands.
Date: 2023-10-01
British Virgin Islands Revises Import Tariffs on Engines
The British Virgin Islands government has lowered import tariffs on internal combustion engines with cylinder capacities between 50cc and 250cc to encourage affordable access for local businesses.
