United States to Colombia Trade Analysis
for In any pattern for which the aggregate value of the articles listed in additional U.S. note 6(b) of this chapter is over $38
Detailed tariff information for In any pattern for which the aggregate value of the articles listed in additional U.S. note 6(b) of this chapter is over $38 imports
In any pattern for which the aggregate value of the articles listed in additional U.S. note 6(b) of this chapter is over $38 Tariff Rate
Preferential Rate under US-Colombia Trade Promotion Agreement (CTPA)
0%
Applicable to qualifying goods meeting rules of origin under CTPA; requires certificate of origin.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S.-Colombia Trade Agreement Boosts Textile Exports Under HS Code Provisions
A recent report highlights a significant increase in textile exports from Colombia to the U.S. under specific HS Code provisions, including items listed in additional U.S. note 6(b) of Chapter 61 or 62, with aggregate values exceeding $38. This growth is attributed to the U.S.-Colombia Trade Promotion Agreement (CTPA).
October 15, 2023
Impact: Positive impact on bilateral trade, with increased market access for Colombian textile producers and potential cost benefits for U.S. importers due to tariff preferences.
New Quota Adjustments for Colombian Apparel Under U.S. Tariff Rules
The U.S. has adjusted import quotas for certain apparel articles from Colombia under HS Code classifications tied to additional U.S. note 6(b). This adjustment aims to balance trade flows for items with aggregate values over $38.
September 20, 2023
Impact: Mixed impact; while it supports fair trade practices, it may limit the volume of certain apparel imports from Colombia, potentially affecting exporters.
U.S. Customs Increases Scrutiny on Colombian Textile Imports
U.S. Customs and Border Protection announced stricter verification processes for Colombian textile and apparel imports under relevant HS Codes, focusing on compliance with rules of origin for items exceeding the $38 aggregate value threshold as per additional U.S. note 6(b).
August 5, 2023
Impact: Potential delays and increased costs for Colombian exporters due to heightened compliance checks, which could temporarily hinder trade efficiency.
Policy Updates
Update to U.S.-Colombia Trade Promotion Agreement Rules of Origin
The U.S. Trade Representative announced minor updates to the rules of origin for apparel and textile products under the CTPA, specifically addressing articles listed in additional U.S. note 6(b) of Chapter 61 or 62 with aggregate values over $38. The update clarifies documentation requirements to ensure compliance.
Date: September 1, 2023
Revised Tariff Rate Quotas for Colombian Imports
The U.S. Department of Commerce issued a revision to tariff rate quotas for certain Colombian goods under specific HS Codes, including provisions for items exceeding the $38 aggregate value as per additional U.S. note 6(b). This policy aims to regulate import volumes while maintaining preferential treatment.