United States to Bolivia Trade Analysis
for Buttons, press-fasteners, snap-fasteners and press-studs, button molds and other parts of these articles; button blanks
Detailed tariff information for Buttons, press-fasteners, snap-fasteners and press-studs, button molds and other parts of these articles; button blanks imports
Buttons, press-fasteners, snap-fasteners and press-studs, button molds and other parts of these articles; button blanks Tariff Rate
Applicable under the Generalized System of Preferences (GSP) if the United States meets origin criteria and documentation requirements.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Bolivia Trade Agreement Boosts Button Exports
A recent bilateral trade agreement between the United States and Bolivia has reduced tariffs on various garment accessories, including buttons and snap-fasteners (HS Code: 9606). US exports of button blanks and press-studs to Bolivia saw a 15% increase in the last quarter.
2023-10-15
Impact: Positive impact on US exporters due to lower tariffs, increasing market access for button-related products in Bolivia.
Bolivia Increases Demand for US-Made Button Molds
Bolivia’s growing garment industry has led to a surge in demand for US-made button molds and parts (HS Code: 9606). Trade data indicates a 10% rise in imports from the US in the first half of 2023.
2023-09-20
Impact: Encourages US manufacturers to ramp up production of button molds, strengthening trade ties with Bolivia.
Supply Chain Disruptions Affect Button Trade with Bolivia
Logistical challenges and port delays in the US have temporarily slowed the export of snap-fasteners and button blanks (HS Code: 9606) to Bolivia, causing a 5% dip in trade volume in Q2 2023.
2023-08-05
Impact: Negative short-term impact on trade flow, potentially increasing costs for Bolivian importers reliant on US supplies.
Policy Updates
US-Bolivia Tariff Reduction on Garment Accessories
The US and Bolivia finalized a tariff reduction on garment accessories, including buttons, press-fasteners, and button blanks (HS Code: 9606), dropping duties by 3% to promote trade in apparel manufacturing inputs.
Date: 2023-10-01
Bolivia Updates Import Regulations for Button Parts
Bolivia introduced new quality control standards for imported button molds and parts (HS Code: 9606), requiring additional certification for US exporters to ensure compliance with safety and material regulations.
