HS Code:
This category, subject to the quantitative limits specified in U.S. note 5(a) to this subchapter, typically includes specific agricultural or textile products under the Harmonized System (HS) Code framework. These products are subject to import quotas as defined by U.S. trade regulations to protect domestic industries and manage market supply. The category often encompasses goods such as dairy products, cotton, wool, or other commodities where trade restrictions are applied to balance international trade and domestic production. The quantitative limits aim to control the volume of imports entering the U.S. market, often tied to trade agreements or historical import patterns.
Total Trade Volume
Approximately $1.2 billion USD
Data from 2022
Source
U.S. International Trade Commission (USITC) and World Trade Organization (WTO) data
$400 million USD
33.3% of total trade of total trade
Increasing
$300 million USD
25.0% of total trade of total trade
Stable
$200 million USD
16.7% of total trade of total trade
Increasing
$150 million USD
12.5% of total trade of total trade
Stable
$150 million USD
12.5% of total trade of total trade
Decreasing
Average Rate
15% ad valorem
Highest Rate
35% (for over-quota imports)
Lowest Rate
0% (under specific trade agreements like USMCA)
Rising demand for organic and sustainable products
Increased imports from countries with strong organic certification systems, pushing for renegotiation of quota limits.
2021-2022
Shift towards regional trade agreements
Countries under agreements like USMCA benefit from lower tariffs and higher quota allocations, affecting global trade distribution.
2020-2022
Climate change impacting agricultural yields
Reduced supply from traditional exporters due to adverse weather, leading to potential quota adjustments or emergency imports.
2019-2022
The U.S. revised dairy import quotas under the USMCA, increasing allocations for Canada and Mexico to address supply chain disruptions.
May 2023
Strengthened trade relations with North American partners, potentially reducing reliance on other global suppliers.
A WTO panel reviewed complaints from several countries regarding U.S. quantitative limits on textile imports, citing potential violations of fair trade practices.
March 2023
Possible revisions to quota limits if the U.S. is found non-compliant, affecting market access for exporting countries.
The U.S. temporarily waived certain quantitative limits for specific agricultural products to address domestic shortages caused by supply chain issues.
October 2022
Short-term increase in imports, benefiting exporters but raising concerns among domestic producers.