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Global Tariffs, Categorized

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๐Ÿ“ฆ Of other textile materials (414)

Of other textile materials (414)

HS Code:

๐Ÿ“ฆ

Overview

The 'Of other textile materials' category (HS Code: 414) encompasses a variety of textile products made from materials other than cotton, wool, or synthetic fibers. This includes fabrics, yarns, and finished goods made from materials such as flax, hemp, jute, and other natural or blended fibers. These products are used in diverse applications ranging from clothing and home furnishings to industrial uses. The category is significant in global trade due to the growing demand for sustainable and eco-friendly materials, as well as niche markets for specialty textiles.

Total Trade Volume

USD 12.5 billion

Data from 2022

Source

United Nations Comtrade Database

Tariff Analysis

Average Rate

8.5%

Highest Rate

25% (applied by certain developing countries to protect domestic industries)

Lowest Rate

0% (under free trade agreements such as EU-Asia FTAs)

Common Restrictions

  • Import quotas in specific markets
  • Non-tariff barriers such as stringent quality and safety standards
  • Anti-dumping duties in some regions to prevent price undercutting
  • Labeling and certification requirements for eco-friendly claims

Market Trends

Rising demand for sustainable textiles

Increased production and export of textiles made from organic and recycled materials, driving growth in markets like the EU and North America.

2021-2022

Shift towards industrial applications

Growing use of specialty textiles in automotive and construction sectors, leading to diversified export markets and higher value-added products.

2020-2022

Digitalization of supply chains

Adoption of blockchain and traceability technologies to ensure transparency in sourcing materials, influencing buyer preferences in major markets.

2022

Recent Developments

EU Green Deal Impact on Textile Imports

The European Union has introduced stricter regulations under the Green Deal, mandating sustainability certifications for textile imports, including those under HS Code 414.

March 2023

Increased compliance costs for exporters but potential for premium pricing in the EU market for certified sustainable products.

US-China Trade Agreement Update

A new phase of the US-China trade agreement has reduced tariffs on certain textile categories, including other textile materials, to promote bilateral trade.

January 2023

Boosted exports from China to the US, potentially shifting market shares from other exporting countries.

Indiaโ€™s Textile Export Incentive Scheme

India has extended its Rebate of State and Central Taxes and Levies (RoSCTL) scheme for textile exports, benefiting exporters of products under HS Code 414.

April 2023

Enhanced competitiveness of Indian textile products in global markets, likely increasing export volumes.