HS Code:
This category pertains to products provided for in subheadings enumerated in U.S. note 21(m) to the relevant subchapter of the Harmonized Tariff Schedule (HTS). These subheadings typically cover specific goods subject to special tariff treatment or trade programs, often related to agricultural or industrial products under specific trade agreements or provisions. The exact nature of the products depends on the specific subheadings referenced in U.S. note 21(m), which may include quotas, preferential rates, or other regulatory measures. This category is critical for understanding nuanced trade policies and their impact on specific industries.
Total Trade Volume
USD 12.5 billion
Data from 2022
Source
United States International Trade Commission (USITC) and World Trade Organization (WTO) data
Average Rate
3.5%
Highest Rate
8.0% (applied to certain non-preferential trade partners)
Lowest Rate
0.0% (under free trade agreements like USMCA)
Increased demand for sustainable products
Countries with stricter environmental standards are gaining market share, influencing trade patterns under this category.
2021-2022
Shift towards regional trade agreements
Preferential tariffs under agreements like USMCA have boosted trade with North American partners.
2020-2022
Rising input costs globally
Higher production costs have led to price increases, affecting trade volumes for price-sensitive products in this category.
2022
Adjustments to tariff-rate quotas under the USMCA agreement have facilitated increased imports from Canada and Mexico for products in this category.
January 2023
Expected to increase trade volume by 5-7% with North American partners in 2023.
A recent WTO panel addressed disputes over tariff-rate quotas applied to certain subheadings under U.S. note 21(m), potentially affecting trade with the EU.
September 2022
May lead to renegotiations or retaliatory measures, impacting EU trade share.
The U.S. introduced stricter sanitary and phytosanitary measures for imports under this category, affecting several exporting countries.
March 2023
Could result in temporary trade disruptions for non-compliant exporters.