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📦 Subject to the quantitative limits specified in U.S. note 6 to this subchapter

Subject to the quantitative limits specified in U.S. note 6 to this subchapter

HS Code:

📦

Overview

This category, subject to quantitative limits specified in U.S. note 6 to this subchapter, typically includes specific agricultural or textile products under the Harmonized System (HS) code framework. These products are subject to import quotas or other restrictions as outlined in U.S. trade regulations to protect domestic industries or comply with international trade agreements. The category often encompasses goods such as dairy products, sugar, cotton, or other commodities where trade volumes are closely monitored and controlled.

Total Trade Volume

USD 12.5 billion

Data from 2022

Source

United Nations Comtrade Database and U.S. International Trade Commission (USITC)

Tariff Analysis

Average Rate

15.3%

Highest Rate

35% (applied to out-of-quota imports)

Lowest Rate

0% (under specific trade agreements like USMCA)

Common Restrictions

  • Quantitative limits (quotas) as per U.S. note 6
  • Seasonal restrictions on imports
  • Licensing requirements for importers
  • Additional safeguard duties for over-quota volumes

Market Trends

Shift towards sustainable sourcing

Increased demand for certified organic or sustainably produced goods within this category, influencing trade patterns with countries prioritizing green practices.

2021-2022

Rising production costs

Higher input costs for fertilizers and labor have led to reduced export competitiveness for some countries, impacting trade volumes.

2022

Digital trade platforms

Adoption of digital tools for trade documentation and compliance has streamlined quota management and reduced delays in imports.

2020-2022

Recent Developments

USMCA Quota Adjustments

Revised quota allocations under the U.S.-Mexico-Canada Agreement (USMCA) have increased access for Canadian and Mexican products in this category, impacting domestic market dynamics.

January 2023

Expected to increase import volumes by 10% from USMCA partners over the next two years.

New Tariff-Rate Quota (TRQ) Policy

The U.S. introduced updated TRQ policies for certain agricultural commodities under this subchapter to address supply chain disruptions and domestic shortages.

March 2022

Temporary relaxation of quotas has led to a 5% rise in imports from non-traditional suppliers.

WTO Dispute Resolution

A recent WTO panel ruling addressed disputes over U.S. quota administration practices, potentially leading to revised policies for fairer access to markets.

September 2022

May result in increased competition among exporting countries as access barriers are reduced.