Logo

Whatariff.com

Global Tariffs, Categorized

🇺🇸 United States
🇨🇦 Canada
📦 Acrylic filament tow (polyacrylonitrile tow) containing by weight 92 percent or more of polyacrylonitrile, not more than 0.01 percent of zinc and 2 percent or more but not over 8 percent of water, dyed, presented in the form of bundles of crimped product each containing 214,000 filaments (plus or minus 10 percent) with an average decitex of 3.3 (plus or minus 10 percent) and length greater than 2 meters (provided for in subheading 5501.30.00)
🇺🇸 🇨🇦

United States to Canada Trade Analysis for Acrylic filament tow (polyacrylonitrile tow) containing by weight 92 percent or more of polyacrylonitrile, not more than 0.01 percent of zinc and 2 percent or more but not over 8 percent of water, dyed, presented in the form of bundles of crimped product each containing 214,000 filaments (plus or minus 10 percent) with an average decitex of 3.3 (plus or minus 10 percent) and length greater than 2 meters (provided for in subheading 5501.30.00)

Detailed tariff information for Acrylic filament tow (polyacrylonitrile tow) containing by weight 92 percent or more of polyacrylonitrile, not more than 0.01 percent of zinc and 2 percent or more but not over 8 percent of water, dyed, presented in the form of bundles of crimped product each containing 214,000 filaments (plus or minus 10 percent) with an average decitex of 3.3 (plus or minus 10 percent) and length greater than 2 meters (provided for in subheading 5501.30.00) imports

Acrylic filament tow (polyacrylonitrile tow) containing by weight 92 percent or more of polyacrylonitrile, not more than 0.01 percent of zinc and 2 percent or more but not over 8 percent of water, dyed, presented in the form of bundles of crimped product each containing 214,000 filaments (plus or minus 10 percent) with an average decitex of 3.3 (plus or minus 10 percent) and length greater than 2 meters (provided for in subheading 5501.30.00) Tariff Rate

HS Code:

Free
Effective January 1, 2023

Trade Volume

Value
Approximately CAD 1.2 million
Year
2022
Trend
Stable with slight increase due to demand in textile manufacturing

Special Rates

USMCA (United States-Mexico-Canada Agreement)
Free
Applicable to goods originating from the United States under the USMCA rules of origin. Must provide Certificate of Origin or other documentation as per USMCA requirements.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Canada Trade Agreement Update on Acrylic Filament Tow
Recent discussions under the USMCA framework have led to a mutual agreement to streamline customs procedures for acrylic filament tow (HS Code 5501.30.00), reducing delays at the border for shipments between the United States and Canada.
2023-10-15
Impact: This is expected to facilitate smoother trade flows, potentially increasing the volume of acrylic filament tow exports and imports between the two countries by reducing logistical costs and time.
Increase in Demand for Acrylic Filament Tow in Canada
Canadian textile manufacturers have reported a surge in demand for acrylic filament tow meeting the specifications of HS Code 5501.30.00, prompting increased imports from the United States.
2023-09-20
Impact: This demand spike could lead to a short-term trade imbalance, with the US likely to see a rise in export revenue from this product category.
US Exporters Face Temporary Quota Restrictions
The US Department of Commerce imposed temporary quotas on the export of certain synthetic fibers, including acrylic filament tow under HS Code 5501.30.00, to Canada due to domestic supply concerns.
2023-08-05
Impact: This restriction may limit the supply to Canadian markets, potentially increasing prices for Canadian buyers and encouraging them to seek alternative suppliers.
Policy Updates
USMCA Review on Synthetic Fiber Tariffs
Under the USMCA, a review of tariff classifications for synthetic fibers, including acrylic filament tow (HS Code 5501.30.00), has been initiated to ensure fair trade practices. No changes to tariffs have been confirmed yet, but stakeholders are encouraged to provide input.
Date: 2023-10-01
Canadian Import Duty Adjustment
Canada announced a minor adjustment in import duties for specific synthetic filament tows under HS Code 5501.30.00, aligning with USMCA commitments to reduce trade barriers. The duty rate was lowered by 0.5% for US-origin goods.
Date: 2023-07-15