Data not specifically available for HS Code 'Not in part of braid' between United States and Virgin Islands, U.S.
Year
2023
Trend
Stable (general trade between U.S. mainland and territories)
Special Rates
Free Trade Agreement
0%
Applies to goods meeting origin requirements under USMCA (if applicable to Virgin Islands, U.S. as a territory)
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Virgin Islands Seeks Enhanced Trade Agreements with U.S. Mainland
The U.S. Virgin Islands government has initiated discussions with U.S. federal authorities to streamline trade processes for non-braid products under specific HS codes, aiming to boost local exports.
October 15, 2023
Impact: This could lead to reduced tariffs and faster customs clearance, potentially increasing trade volume between the U.S. and the Virgin Islands for relevant goods.
New Shipping Route Established Between U.S. Mainland and Virgin Islands
A major shipping company announced a dedicated route for cargo transport between the U.S. mainland and the Virgin Islands, focusing on non-braid categorized goods to meet rising demand.
September 28, 2023
Impact: Improved logistics may lower transportation costs and enhance trade efficiency for non-braid products under targeted HS codes.
U.S. Virgin Islands Reports Growth in Non-Braid Exports to U.S.
Recent trade data indicates a 12% increase in exports of non-braid goods from the Virgin Islands to the U.S., driven by demand in niche markets.
August 10, 2023
Impact: This growth signals a strengthening trade relationship, potentially encouraging further investment in related sectors.
Policy Updates
U.S. Customs Revises Documentation for Virgin Islands Imports
U.S. Customs and Border Protection has updated documentation requirements for imports from the Virgin Islands, including non-braid products under specific HS codes, to simplify compliance and reduce processing delays.
Date: October 1, 2023
Temporary Tariff Waiver for Virgin Islands Exports
The U.S. government introduced a temporary tariff waiver for certain non-braid goods exported from the Virgin Islands to support economic recovery post-natural disasters.
