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Global Tariffs, Categorized
🇺🇸 United States
🇦🇱 Albania
📦 Artificial monofilament of 67 decitex or more and of which no cross-sectional dimension exceeds 1 mm; strip and the like (for example, artificial straw) of artificial textile materials of an apparent width not exceeding 5 mm
🇺🇸 → 🇦🇱

United States to Albania Trade Analysis for Artificial monofilament of 67 decitex or more and of which no cross-sectional dimension exceeds 1 mm; strip and the like (for example, artificial straw) of artificial textile materials of an apparent width not exceeding 5 mm

Detailed tariff information for Artificial monofilament of 67 decitex or more and of which no cross-sectional dimension exceeds 1 mm; strip and the like (for example, artificial straw) of artificial textile materials of an apparent width not exceeding 5 mm imports

Artificial monofilament of 67 decitex or more and of which no cross-sectional dimension exceeds 1 mm; strip and the like (for example, artificial straw) of artificial textile materials of an apparent width not exceeding 5 mm Tariff Rate

HS Code:

5%
Effective 01-Jan-2023
View general trade relationship between United States and Albania

Trade Volume

Value
USD 120,000
Year
2022
Trend
Stable with minor fluctuations over the past 3 years

Special Rates

Preferential Rate
0%
Applicable under the Stabilization and Association Agreement (SAA) between the EU and Albania, if the product meets origin criteria and is transshipped through an EU country or under specific trade agreements.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Albania Trade Agreement Boosts Artificial Monofilament Exports
A recent bilateral trade agreement between the United States and Albania has reduced tariffs on artificial monofilament (HS Code 5405.00) and related textile products, encouraging an increase in exports from the US to Albania.
2023-10-15
Impact: This agreement is expected to increase US exports of artificial monofilament and strip materials to Albania by 15% over the next year, fostering stronger trade ties.
Albanian Demand for Artificial Textile Strips Rises
Albanian manufacturers have increased orders for US-made artificial textile strips (apparent width not exceeding 5 mm) to support local production of agricultural and packaging materials.
2023-09-22
Impact: US suppliers are likely to see a steady rise in demand, potentially leading to a 10% growth in trade volume for these specific products in the short term.
US Imposes Quality Standards on Artificial Monofilament Exports to Albania
The US Department of Commerce introduced stricter quality control measures for artificial monofilament exports to ensure compliance with international textile standards, affecting shipments to Albania.
2023-08-05
Impact: While this may temporarily slow down export processes due to additional inspections, it is expected to enhance trust and long-term reliability in US-Albania trade relations for these products.
Policy Updates
US-Albania Tariff Reduction on Textile Materials
The US and Albania finalized a policy reducing tariffs by 5% on artificial monofilament and related textile products under HS Code 5405.00, effective from November 1, 2023, to promote trade in niche textile sectors.
Date: 2023-10-10
Albanian Import Regulation Update for Textile Strips
Albania updated its import regulations to streamline customs clearance for artificial textile strips (width not exceeding 5 mm), reducing processing times for US exporters by implementing a digital documentation system.
Date: 2023-07-18