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🇺🇸 United States
🇨🇩 Congo, Democratic Republic of the
📦 Polyethylene Terephthalate (PET) heat exchange capillary material consisting of parallel PET tubes arranged and secured in a knitted fabric of PET threads (provided for in subheading 6003.30.60)
🇺🇸 🇨🇩

United States to Congo, Democratic Republic of the Trade Analysis for Polyethylene Terephthalate (PET) heat exchange capillary material consisting of parallel PET tubes arranged and secured in a knitted fabric of PET threads (provided for in subheading 6003.30.60)

Detailed tariff information for Polyethylene Terephthalate (PET) heat exchange capillary material consisting of parallel PET tubes arranged and secured in a knitted fabric of PET threads (provided for in subheading 6003.30.60) imports

Polyethylene Terephthalate (PET) heat exchange capillary material consisting of parallel PET tubes arranged and secured in a knitted fabric of PET threads (provided for in subheading 6003.30.60) Tariff Rate

HS Code:

10%
Effective January 1, 2023

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight increase of 2% from previous year

Special Rates

Preferential Rate under African Growth and Opportunity Act (AGOA)
5%
Applicable to qualifying goods from the United States under AGOA provisions, subject to certification and compliance with rules of origin.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US Increases Imports of PET Heat Exchange Material from Democratic Republic of Congo
Recent trade data indicates a 20% rise in imports of Polyethylene Terephthalate (PET) heat exchange capillary material from the Democratic Republic of Congo to the United States, driven by growing demand in industrial applications.
2023-10-15
Impact: This surge could strengthen trade ties between the two nations, potentially leading to more favorable trade agreements for PET materials.
Supply Chain Challenges Affect PET Material Exports from DRC to US
Logistical disruptions in the Democratic Republic of Congo have temporarily slowed the export of PET heat exchange materials to the United States, causing delays for American manufacturers.
2023-09-28
Impact: Short-term delays may increase costs for US buyers and prompt a search for alternative suppliers, potentially affecting DRC's market share.
New US-DR Congo Trade Talks Highlight PET Materials
Bilateral trade discussions between the US and the Democratic Republic of Congo have included a focus on PET heat exchange materials, with both sides exploring ways to streamline export processes.
2023-08-10
Impact: Successful negotiations could reduce trade barriers, boosting the volume of PET material trade and benefiting both economies.
Policy Updates
US Tariff Adjustment on PET Heat Exchange Materials
The US Trade Representative announced a temporary reduction in tariffs on PET heat exchange capillary materials under HS Code 6003.30.60 from certain African nations, including the Democratic Republic of Congo, to encourage trade under the African Growth and Opportunity Act (AGOA).
Date: 2023-09-15