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Exports

The St. Vincent and the Grenadines economy is heavily dependent on agriculture being the world’s leading producer of arrowroot and grows other exotic fruit, vegetables and root crops. Bananas alone account for upwards of 60% of the work force and 50% of merchandise exports. Such reliance on a single crop makes the economy vulnerable to external factors. St. Vincent's banana growers benefited from preferential access to the European market. In view of the European Union's announced phase-out of this preferred access, economic diversification is a priority.

There is a small manufacturing sector and a small offshore financial sector whose particularly restrictive secrecy laws have caused some international concern. In addition, the natives of Bequia are permitted to hunt up to four humpback whales per year under IWC subsistence quotas.

The Financial Sector and offshore services deliver in Saint Vincent are currently an important role of the island economy.

St. Vincent and the Grenadines' main exports are wheat flours, passenger and cargo ships, scrap vessels, cassava, rice, recreational boats, animal food, beer, tug boats, flavored water.

St. Vincent and the Grenadines' main export partners are Saint Lucia, Turkey, Poland, Trinidad and Tobago, Barbados, Sudan, Antigua and Barbuda, Spain, Dominica, Saint Kitts and Nevis.

Customs requirements of Saint Vincent and the Grenadines

Saint Vincent and the Grenadines Customs Contacts

Customs & Excise Department

Website: http://www.customs.gov.vc/index.php

E-mail: customs@vincysurf.com / office.customs@mail.gov.vc

Address: Custom House, Upper Bay Street, St. Vincent and the Grenadines

Phone: 784-457-2421 / 457-2711

Fax: 784-456-1851

Saint Vincent and the Grenadines is an island country situated in the Lesser Antilles archipelago in the Caribbean Sea. Its nearest neighbours are Barbados, St. Lucia and Grenada. Saint Vincent and the Grenadines is a member of the African, Caribbean, and Pacific Group of States, Caribbean Community and Common Market (Caricom), Organization of Eastern Caribbean States (OECS), World Trade Organization and other international organizations.

Tariffs

Customs value is based on the cost, insurance, freight value of the products, including all other foreign costs.

There is a 4% customs service charge which is applied on the c.i.f. value of imports (products coming from other CARICOM countries are not exempt). A value-added tax of 15% is applied on services and goods, including imports. VAT on imports is levied on the c.i.f. value plus customs duties and all other duties and charges payable upon importation.

There are also excise taxes imposed on the following products:

Alcoholic beverages
Tobacco products
Petroleum oils and gases
Used tires
Motor vehicles for transport of persons and goods
Non-alcoholic beverages
Water
Bulbs-incandescent

Product certificates ans licences

A licence is required in the following cases:

to import curry powder, wheat flour, margarine, pasta products, aerated beverages, beer, stout, oxygen, carbon dioxide, acetylene, candles, toilet paper, paper bags, solar water heaters, chairs and other seats of wood and upholstered fabric, other furniture of wood and upholstered fabric - if the goods originate from any country outside the Organisation of Eastern Caribbean States and Belize

to import goods such as live poultry; meat of bovine animals, sheep, goat and swine fresh, chilled or frozen; ther meat and edible offals, fresh chilled or frozen; frozen fish; milk and cream not concentrated nor containing, added sugar or other sweetening matter; natural honey; part of trees and other plants suitable for use as, Christmas trees; tomatoes, onions, cabbage, carrots, sweet pepper, okra, pumpkin; coconut, brazil nuts and cashew nuts, fresh or dried, whether or not shelled or peeled; bananas, including plantains fresh or dried; pineapples, avocados, guavas, mangoes and mangosteens, fresh or dried; peppers, dried, crushed or ground; cinnamon, cloves, rice, starches etc. - if the goods originate from any country outside the Community.

Documents for import