HS Code:
Socks of synthetic fibers with uppers of neoprene measuring 3.5 mm in thickness, covered on both surfaces with knitted jersey fabric of nylon, fall under HS Code 6115.96.90. These socks are specifically designed for wading, featuring an integrated fold-down cuff of knitted jersey fabric of nylon and a molded hook for connection to wading boots. Their anatomical form and design prevent debris and gravel from entering the boot, making them ideal for fishing and other water-based activities. This niche product category caters to outdoor enthusiasts and professionals requiring durable, protective gear.
Total Trade Volume
Approximately $15 million USD
Data from 2022
Source
Estimated based on data from UN Comtrade and ITC Trade Map
$6.5 million USD
43.3% of total trade of total trade
Increasing
$3.2 million USD
21.3% of total trade of total trade
Increasing
$2.1 million USD
14.0% of total trade of total trade
Stable
$1.5 million USD
10.0% of total trade of total trade
Stable
$0.8 million USD
5.3% of total trade of total trade
Decreasing
Average Rate
10.5% ad valorem
Highest Rate
16% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like USMCA and EU-Vietnam FTA)
Growing demand for specialized outdoor gear
Increased production and export from manufacturing hubs like China and Vietnam due to rising popularity of fishing and water sports.
2021-2022
Shift towards sustainable materials
Pressure on manufacturers to use eco-friendly synthetic fibers and neoprene alternatives, affecting production costs and pricing.
2022-2023
Technological advancements in design
Enhanced anatomical designs and durability features are boosting consumer preference for high-quality wading socks, favoring premium brands.
2020-2022
The United States extended tariff exemptions for certain synthetic fiber products, including specialized socks, under Section 301 China tariffs.
March 2023
Reduced import costs for US retailers, potentially increasing trade volume from China.
New EU regulations mandate stricter environmental compliance for synthetic textiles, including neoprene-based products.
July 2023
Manufacturers may face higher compliance costs, potentially slowing exports to the EU market.
Vietnam signed additional free trade agreements, reducing tariffs on synthetic fiber products to key markets like the EU and Japan.
January 2023
Likely to boost Vietnam’s export share in the global market for wading socks.