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Global Tariffs, Categorized

🇺🇸 United States
🇨🇷 Costa Rica
📦 Fiberglass rubber reinforcing yarn, made from electrically nonconductive continuous fiberglass filaments 9 microns in diameter to 11 microns in diameter and impregnated with resorcinol formaldehyde latex treatment for adhesion to polymeric compounds
🇺🇸 🇨🇷

United States to Costa Rica Trade Analysis for Fiberglass rubber reinforcing yarn, made from electrically nonconductive continuous fiberglass filaments 9 microns in diameter to 11 microns in diameter and impregnated with resorcinol formaldehyde latex treatment for adhesion to polymeric compounds

Detailed tariff information for Fiberglass rubber reinforcing yarn, made from electrically nonconductive continuous fiberglass filaments 9 microns in diameter to 11 microns in diameter and impregnated with resorcinol formaldehyde latex treatment for adhesion to polymeric compounds imports

Fiberglass rubber reinforcing yarn, made from electrically nonconductive continuous fiberglass filaments 9 microns in diameter to 11 microns in diameter and impregnated with resorcinol formaldehyde latex treatment for adhesion to polymeric compounds Tariff Rate

HS Code:

5%
Effective January 1, 2023

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight growth of 2% compared to 2021

Special Rates

Preferential Rate under CAFTA-DR
0%
Applicable under the Central America-Dominican Republic Free Trade Agreement (CAFTA-DR) for goods originating from the United States, subject to Rules of Origin certification.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
Increased Demand for Fiberglass Rubber Reinforcing Yarn in Costa Rica
Costa Rican manufacturers have ramped up imports of fiberglass rubber reinforcing yarn (9-11 microns) from the United States to meet growing demand in the automotive and industrial sectors.
2023-10-15
Impact: This surge in demand is likely to boost U.S. exports to Costa Rica, strengthening bilateral trade in this niche sector.
U.S. Exporters Face Supply Chain Delays for Fiberglass Yarn
Logistical challenges at U.S. ports have delayed shipments of fiberglass rubber reinforcing yarn to Costa Rica, affecting delivery timelines for key industrial projects.
2023-09-20
Impact: Delays may temporarily reduce trade volumes and strain buyer-supplier relationships between the two countries.
Costa Rica Seeks New U.S. Suppliers for Fiberglass Yarn
Costa Rican companies are exploring partnerships with additional U.S. suppliers of fiberglass rubber reinforcing yarn to diversify their supply chain and ensure consistent availability.
2023-08-05
Impact: This could lead to an increase in U.S. export opportunities and foster competition among American suppliers.
Policy Updates
CAFTA-DR Tariff Reduction on Fiberglass Products
Under the Central America-Dominican Republic Free Trade Agreement (CAFTA-DR), tariffs on fiberglass rubber reinforcing yarn (HS Code: 7019.12) have been further reduced, facilitating easier trade between the United States and Costa Rica.
Date: 2023-07-01