United States to Albania Trade Analysis
for Hand-hooked, that is, in which the tufts were inserted and knotted by hand or by means of a hand tool (465)
Detailed tariff information for Hand-hooked, that is, in which the tufts were inserted and knotted by hand or by means of a hand tool (465) imports
Hand-hooked, that is, in which the tufts were inserted and knotted by hand or by means of a hand tool (465) Tariff Rate
Stable with minor fluctuations due to niche market for hand-hooked rugs
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 bilateral agreements.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Limited Trade Activity for Hand-Hooked Rugs Between US and Albania
Recent trade data indicates minimal activity in the hand-hooked rug sector (HS Code 5703.10) between the United States and Albania, with no significant shipments reported in the past quarter.
October 2023
Impact: The lack of trade in this niche category suggests limited market interest or supply chain constraints, potentially affecting small-scale exporters and importers in both countries.
US Import Trends Show Decline in Niche Textile Categories from Albania
US import statistics reveal a decline in niche textile products, including hand-hooked rugs, from smaller markets like Albania, attributed to higher shipping costs and preference for larger suppliers.
August 2023
Impact: This trend could discourage Albanian exporters of hand-hooked rugs from targeting the US market, reducing bilateral trade in this category.
Albanian Handicraft Exports Struggle to Penetrate US Market
A report by the Albanian Ministry of Economy highlights challenges faced by local handicraft producers, including hand-hooked rugs, in accessing the US market due to regulatory and logistical barriers.
June 2023
Impact: Without streamlined trade agreements or support, trade in hand-hooked rugs between the US and Albania may remain negligible, impacting potential growth for Albanian artisans.
Policy Updates
No Specific Tariff Changes for Hand-Hooked Rugs in US-Albania Trade
The US Trade Representative's office and Albanian trade authorities have not announced any specific tariff adjustments or policy changes targeting hand-hooked rugs (HS Code 5703.10) in recent bilateral discussions.
