Applicable under the US-Bahrain Free Trade Agreement (USBFTA) for qualifying goods with proper documentation and origin certification.
Additional Information
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Last updated: 1 year ago
News and Updates
Recent News
US-Bahrain Trade Agreement Boosts Textile Exports
A recent bilateral trade agreement between the United States and Bahrain has facilitated increased exports of monofilament and multifilament products under HS Code 5404. The agreement reduces tariffs on these goods, promoting smoother trade flows.
2023-10-15
Impact: Positive impact on trade with reduced tariffs likely to increase export volumes of monofilament and multifilament products from the US to Bahrain.
Bahrain Increases Demand for US Synthetic Filaments
Bahrain's growing industrial sector has led to a surge in demand for US-made monofilament and multifilament products (HS Code 5404), with a reported 15% increase in imports over the past quarter.
2023-09-20
Impact: Positive impact as higher demand from Bahrain could drive US export growth in this category.
Recent global shipping delays have impacted the trade of monofilament and multifilament products between the US and Bahrain, causing temporary disruptions in supply chains for HS Code 5404 items.
2023-08-05
Impact: Negative short-term impact on trade due to delays, potentially increasing costs and affecting delivery schedules.
Policy Updates
US-Bahrain Free Trade Agreement Amendment
An amendment to the US-Bahrain Free Trade Agreement now includes specific provisions for reduced tariffs on synthetic filament products under HS Code 5404, aiming to enhance trade in monofilament and multifilament goods.
