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Global Tariffs, Categorized

🇺🇸 United States
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📦 Knitted or crocheted fabrics of a width exceeding 30 cm, containing by weight 5 percent or more of elastomeric yarn or rubber thread, other than those of heading 6001

Knitted or crocheted fabrics of a width exceeding <il>30 cm</il>, containing by weight <il>5 percent</il> or more of elastomeric yarn or rubber thread, other than those of heading 6001

HS Code:

📦

Overview

Knitted or crocheted fabrics of a width exceeding 30 cm, containing by weight 5 percent or more of elastomeric yarn or rubber thread, other than those of heading 6001 (HS Code: 6004), are specialized textile products used primarily in the apparel industry for items requiring elasticity, such as sportswear, swimwear, and undergarments. These fabrics incorporate elastomeric yarn (like spandex) or rubber thread to provide stretch and recovery properties, making them ideal for form-fitting and flexible clothing. This category excludes fabrics under heading 6001, which typically covers pile fabrics and terry fabrics. Global trade in this category is driven by demand for performance textiles and fashion trends emphasizing comfort and fit.

Total Trade Volume

USD 12.5 billion

Data from 2022

Source

United Nations Comtrade Database

Tariff Analysis

Average Rate

8.5%

Highest Rate

15% (applied by certain developing countries to protect domestic textile industries)

Lowest Rate

0% (under free trade agreements like EU Single Market or USMCA)

Common Restrictions

  • Import quotas in specific markets to protect local manufacturers
  • Anti-dumping duties on products from certain countries accused of unfair pricing
  • Labeling and certification requirements for elastomeric content
  • Environmental regulations on production processes

Market Trends

Rising demand for sustainable fabrics

Increased investment in eco-friendly elastomeric materials and recycling processes, driving innovation in the sector.

2021-2023

Growth in athleisure wear

Significant boost in demand for stretchable fabrics due to consumer preference for comfortable and versatile clothing.

2020-2022

Shift towards automation in production

Reduction in production costs and improvement in fabric quality, making exporters more competitive.

2019-2023

Recent Developments

EU imposes stricter environmental standards

The European Union introduced new regulations requiring textile manufacturers to disclose the environmental impact of elastomeric yarn production.

March 2023

Increased compliance costs for exporters to the EU, potentially shifting trade to markets with fewer restrictions.

US-China trade agreement update

A new phase of the US-China trade agreement reduced tariffs on specific textile categories, including HS 6004, by 5% as a goodwill measure.

January 2023

Boosted Chinese exports to the US, strengthening China's dominance in this category.

Technological breakthrough in bio-based elastomeric yarn

A South Korean company developed a fully biodegradable elastomeric yarn, gaining attention from global apparel brands.

July 2022

Potential to reshape market preferences towards sustainable options, benefiting innovative producers.