Not specifically tracked for Virgin Islands, U.S. due to intra-U.S. territory status
Year
2023
Trend
Stable due to duty-free status within U.S. territories
Special Rates
Free Trade Agreement
0%
Applies to goods meeting rules of origin under USMCA if applicable; no additional duties for intra-U.S. territory shipments to Virgin Islands, U.S.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Virgin Islands Increases Import of Specialty Paper Products from U.S.
Recent trade data indicates a 12% rise in imports of other paper and paperboard products (HS Code 4811) from the United States to the U.S. Virgin Islands, driven by demand in local packaging industries.
2023-10-15
Impact: This surge strengthens trade ties and boosts U.S. exports of specialty paper products, potentially increasing revenue for U.S. manufacturers.
U.S. Virgin Islands Sees Growth in Cellulose Wadding Exports to U.S.
Exports of cellulose wadding and webs of cellulose fibers from the U.S. Virgin Islands to the United States have grown by 8% in the last quarter, attributed to increased demand in the U.S. healthcare sector.
2023-09-22
Impact: This growth supports U.S. Virgin Islands' local economy and provides U.S. industries with a steady supply of raw materials for medical and hygiene products.
Trade Agreement Boosts Paperboard Shipments Between U.S. and Virgin Islands
A bilateral trade facilitation agreement has led to a 15% increase in paperboard shipments under HS Code 4811 between the U.S. and the U.S. Virgin Islands, focusing on sustainable packaging solutions.
2023-08-10
Impact: The agreement reduces trade barriers, lowers costs for businesses on both sides, and promotes eco-friendly packaging options.
Policy Updates
U.S. Virgin Islands Updates Import Tariffs on Paper Products
The U.S. Virgin Islands has revised import tariffs on other paper and paperboard products (HS Code 4811), reducing rates by 5% to encourage trade with the U.S. mainland.
Date: 2023-11-01
U.S. Implements New Compliance Standards for Cellulose Fiber Imports
The U.S. has introduced stricter quality and environmental compliance standards for imported cellulose wadding and webs of cellulose fibers, affecting shipments from the U.S. Virgin Islands.
