US-Cyprus Trade Agreement Boosts Bolducs Exports
A new bilateral trade agreement between the United States and Cyprus has reduced barriers for niche textile products, including fabrics consisting of warp without weft assembled by adhesive (bolducs, HS Code: 5806.40). US exporters report a 15% increase in shipments to Cyprus.
2023-10-15
Impact: Positive impact on US bolducs exporters due to reduced tariffs and streamlined customs processes, potentially increasing market share in Cyprus.
Cyprus Increases Demand for US-Made Bolducs
Rising demand for specialized adhesive fabrics in Cyprus has led to a surge in imports of bolducs from the US, with trade volume up by 10% in the last quarter.
2023-09-22
Impact: Increased demand strengthens US export opportunities, encouraging producers to scale up production for the Cypriot market.
Logistics Challenges Affect US-Cyprus Bolducs Trade
Recent shipping delays in the Mediterranean have impacted the timely delivery of bolducs from the US to Cyprus, causing temporary supply shortages in the Cypriot textile sector.
2023-08-30
Impact: Negative short-term impact on trade flow, with potential cost increases for US exporters and delays for Cypriot importers.
