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Global Tariffs, Categorized
🇺🇸 United States
🇻🇮 Virgin Islands, U.S.
📦 Automatic Data Processing Machines and Units Thereof; Magnetic or Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing Such Data, Not Elsewhere Specified or Included
🇺🇸 → 🇻🇮

United States to Virgin Islands, U.S. Trade Analysis for Automatic Data Processing Machines and Units Thereof; Magnetic or Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing Such Data, Not Elsewhere Specified or Included

Detailed tariff information for Automatic Data Processing Machines and Units Thereof; Magnetic or Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing Such Data, Not Elsewhere Specified or Included imports

Automatic Data Processing Machines and Units Thereof; Magnetic or Optical Readers, Machines for Transcribing Data onto Data Media in Coded Form and Machines for Processing Such Data, Not Elsewhere Specified or Included Tariff Rate

HS Code:

0%
Effective January 1, 2023
View general trade relationship between United States and Virgin Islands, U.S.

Trade Volume

Value
Not specifically available for this HS Code category
Year
2023
Trend
Stable due to duty-free status between the U.S. and U.S. Virgin Islands

Special Rates

Duty-Free
0%
Applicable under the U.S. Virgin Islands status as a U.S. territory; no tariffs imposed on goods from the United States.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
Increased Exports of Data Processing Machines from U.S. to Virgin Islands
Recent trade data indicates a 15% increase in exports of automatic data processing machines (HS Code 8471) from the United States to the U.S. Virgin Islands in Q3 2023, driven by demand for upgraded IT infrastructure.
2023-10-15
Impact: This surge may strengthen economic ties and encourage further investment in technology sectors between the two regions.
Virgin Islands Seeks More Tech Imports from U.S. for Local Businesses
Local authorities in the U.S. Virgin Islands have reported a growing need for data processing equipment and magnetic readers to support expanding small and medium enterprises, with the U.S. as the primary supplier.
2023-09-22
Impact: This could lead to sustained growth in trade volume for HS Code 8471 products, potentially benefiting U.S. exporters.
Logistics Improvements Boost U.S.-Virgin Islands Tech Trade
New shipping agreements between U.S. ports and the Virgin Islands have reduced transit times for sensitive tech equipment like data processing machines, ensuring better supply chain efficiency.
2023-08-10
Impact: Improved logistics may lower costs and increase trade reliability, encouraging more transactions in this category.
Policy Updates
U.S. Virgin Islands Tax Incentive for Tech Imports
The U.S. Virgin Islands government has introduced a temporary tax incentive program for importing technology equipment, including automatic data processing machines under HS Code 8471, to stimulate local economic growth.
Date: 2023-07-05