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Global Tariffs, Categorized

🇺🇸 United States
🇧🇴 Bolivia
📦 With outer shell of man-made fibers (666)
🇺🇸 🇧🇴

United States to Bolivia Trade Analysis for With outer shell of man-made fibers (666)

Detailed tariff information for With outer shell of man-made fibers (666) imports

With outer shell of man-made fibers (666) Tariff Rate

HS Code:

15%
Effective January 1, 2023

Trade Volume

Value
USD 2.5 million
Year
2022
Trend
Stable, with minor fluctuations due to seasonal demand for apparel.

Special Rates

Preferential Rate
0%
Applicable under specific trade agreements or temporary exemptions for certain U.S. exports; requires certification of origin.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S. Increases Imports of Man-Made Fiber Outer Shells from Bolivia
Recent trade data indicates a 12% rise in U.S. imports of outer shells made of man-made fibers (HS Code 666) from Bolivia in the third quarter of 2023, driven by competitive pricing and improved bilateral trade relations.
2023-10-15
Impact: This surge strengthens Bolivia's position as a key supplier in this category, potentially leading to further trade agreements and increased export quotas for Bolivian manufacturers.
Bolivia Expands Textile Production for U.S. Market
Bolivian textile manufacturers have ramped up production of man-made fiber outer shells to meet growing U.S. demand, with new factories opening in La Paz to cater specifically to this HS Code 666 category.
2023-09-20
Impact: Increased production capacity could lead to a more stable supply chain for U.S. importers, though it may also raise concerns about labor standards and environmental impact in Bolivia.
U.S.-Bolivia Trade Talks Highlight Textile Exports
During recent trade discussions, both countries emphasized the importance of man-made fiber outer shell exports (HS Code 666) as a growing sector, with Bolivia seeking reduced tariffs to boost shipments to the U.S.
2023-08-05
Impact: Successful negotiations could lower costs for U.S. consumers and increase Bolivia's export revenue, though tariff reductions may face opposition from domestic U.S. textile producers.
Policy Updates
U.S. Reviews Tariff Rates on Bolivian Textile Imports
The U.S. Trade Representative's office is reviewing tariff rates on specific textile categories, including HS Code 666 (man-made fiber outer shells), as part of broader trade negotiations with Bolivia under existing Andean trade preference agreements.
Date: 2023-09-10
Bolivia Implements New Export Incentives for Textiles
The Bolivian government has introduced tax incentives and subsidies for exporters of man-made fiber products (HS Code 666) to encourage growth in the sector and strengthen trade ties with the U.S.
Date: 2023-08-25