Impact of the EU-UK Trade Agreement on Caribbean Exporters

International Trade Working Paper 2022/01

23

Table 10. Value of Caribbean fisheries exports to the EU27, 2019 (€)

MFN tariffs applicable if products re–exported across a GB–EU border outside of customs supervision Value (€) Value (€) Value (€) Value (€) Value (€) Value (€)

Country Suriname

HS 03

HS 0303 HS 0306 HS 0307 HS 0304 HS 0305 HS 0302

23,627,537 7,771,670 12,727,025

–

1,223,076 1,287,366 610,397

Belize

20,300,997 18,055,057 1,361,096 840,336

– –

– –

– –

The

15,439,924

–

15,439,924

–

Bahamas

Guyana Jamaica

13,253,288 4,876,329 7,714,543

–

662,416

– – –

– – –

4,082,222

–

2,811,534 1,270,688

– –

Antigua and Barbuda

199,492

43,333 156,159

–

Grenada

103,385

–

–

–

–

–

103,385

Total

77,006,845

Source: ECMarket Access Database.

the concerned businesses to familiarise them- selves with CTC procedures, which need to be used in shipping fisheries products to GB via the EU, if duty-free access to the GB mar- ket is to be assured. This needs to be seen in a context where, if re-exports from the EU to GB take place outside of customs supervi- sion, then import tariffs of 20 per cent would be faced on frozen tuna, 14 per cent on fro- zen rays, skates and other non-specified fro- zen fish exports, 12 per cent on frozen lobster, shrimps and prawns and 6 per cent on frozen hake and dogfish.

jurisdiction. Should EU–UK fisheries sector tension escalate, either in their own right or as a by-product of ongoing tensions around imple- mentation of the Northern Ireland Protocol, then any triangular trade in fisheries products could come to face trade administration and border clearance delays. 3.4.2 The rules of origin/MFN tariff issue in fisheries Where it is determined that Caribbean fisher- ies exports are ultimately destined for the GB market, there would appear to be a need for

Table 11. UK tariffs on re-exports of fish from EU if traded outside of customs supervision

Fisheries product

UK tariff on re-exports from EU

Frozen yellowfin tuna (030342) Frozen skipjack tuna (030343) Frozen bigeye tuna (030344) Frozen swordfish (030357)

20% 20% 20%

6% 6% 6%

Frozen hake (030366)

Frozen dogfish and other shark (030381) Frozen rays and skates (030382) Other frozen fish (030389) Frozen rock lobster (030611) Frozen shrimps and prawns (030617)

14% 14% 12% 12%

Live lobsters (030632)

8–10%

Stromboid conchs (030784)

10%

Source: Tariffs on goods imported into the UK, available at: https://www.gov.uk/ guidance/tariffs-on-goods-imported-into-the-uk