United States to Virgin Islands, U.S. Trade Analysis
for Of machines for packaging pipe tobacco, wrapping candy or wrapping cigarette packages, and of combination candy cutting and wrapping machines
Detailed tariff information for Of machines for packaging pipe tobacco, wrapping candy or wrapping cigarette packages, and of combination candy cutting and wrapping machines imports
Of machines for packaging pipe tobacco, wrapping candy or wrapping cigarette packages, and of combination candy cutting and wrapping machines Tariff Rate
Not specifically available for HS Code 8422.40 (machines for packaging pipe tobacco, wrapping candy, or wrapping cigarette packages)
Year
2023
Trend
Stable for machinery imports between the U.S. and U.S. Virgin Islands
Special Rates
Duty-Free
0%
Applies to goods imported into the U.S. Virgin Islands from the United States under the provisions of the U.S. insular possessions program.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Increased Demand for Packaging Machinery in Virgin Islands, U.S.
Recent reports indicate a surge in demand for machines used in packaging pipe tobacco and wrapping candy in the Virgin Islands, U.S., prompting increased imports from the United States.
2023-10-15
Impact: This trend is expected to boost trade volume for HS Code 8422.40 (machinery for packing or wrapping) between the U.S. and Virgin Islands, potentially increasing export revenue for U.S. manufacturers.
U.S. Exporters Face Shipping Delays to Virgin Islands
Logistical challenges and port delays have impacted the delivery of packaging and wrapping machinery, including cigarette package wrappers, from the U.S. to the Virgin Islands.
2023-09-28
Impact: Delays may temporarily disrupt trade flows and increase costs for businesses reliant on timely imports of these machines under HS Code 8422.40.
Virgin Islands Tobacco Industry Expands, Boosting Machinery Imports
The expansion of the tobacco sector in the Virgin Islands has led to a higher need for specialized packaging machinery, with a notable increase in imports of pipe tobacco packaging machines from the U.S.
2023-08-10
Impact: This growth is likely to strengthen trade ties and increase U.S. exports of related machinery (HS Code 8422.40) to the region in the short term.
Policy Updates
U.S. Tariff Exemption for Virgin Islands Machinery Imports
The U.S. government has extended a tariff exemption for certain industrial machinery, including packaging and wrapping machines (HS Code 8422.40), imported into the Virgin Islands to support local industries.
