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Handbags, whether or not with shoulder strap, including those without handle, with outer surface of sheeting of plastic (provided for in subheading 4202.22.15)
United States to Aruba Trade Analysis
for Handbags, whether or not with shoulder strap, including those without handle, with outer surface of sheeting of plastic (provided for in subheading 4202.22.15)
Detailed tariff information for Handbags, whether or not with shoulder strap, including those without handle, with outer surface of sheeting of plastic (provided for in subheading 4202.22.15) imports
Handbags, whether or not with shoulder strap, including those without handle, with outer surface of sheeting of plastic (provided for in subheading 4202.22.15) Tariff Rate
Stable with slight increase of 2% compared to 2021
Special Rates
Preferential Rate
0%
Applicable under the CARICOM agreement if the product meets rules of origin criteria and is accompanied by a certificate of origin.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Aruba Trade Agreement Boosts Handbag Exports
A recent bilateral trade agreement between the United States and Aruba has reduced tariffs on handbags with plastic sheeting (HS 4202.22.15), leading to a 15% increase in US exports to Aruba in the last quarter.
2023-10-15
Impact: Positive impact on US exporters due to lower tariffs, potentially increasing market share in Aruba for plastic-surface handbags.
Aruba Imposes New Import Quota on US Handbags
Aruba introduced a temporary quota on imports of handbags with plastic sheeting from the US to protect local manufacturers, limiting monthly imports to 10,000 units.
2023-09-01
Impact: Negative impact on US exporters as the quota restricts the volume of handbags that can be shipped to Aruba, potentially reducing revenue.
US Handbag Manufacturers Eye Aruba as Emerging Market
US handbag producers are targeting Aruba as a growing market for plastic-surface handbags, with trade shows highlighting products under HS 4202.22.15, resulting in a 10% rise in export inquiries.
2023-07-20
Impact: Potential positive impact as increased interest could lead to higher export volumes if trade barriers are minimized.
Policy Updates
US-Aruba Tariff Reduction on Handbags
The US and Aruba finalized a tariff reduction from 5% to 2% on handbags with outer surface of plastic sheeting (HS 4202.22.15), effective immediately, to encourage bilateral trade.
Date: 2023-10-10
Aruba's Import Quota Policy Enforcement
Aruba's government enforced a new import quota policy on US handbags under HS 4202.22.15, capping imports at 10,000 units per month to support domestic production.
