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Global Tariffs, Categorized

🇺🇸 United States
🇪🇬 Egypt
📦 High tenacity single yarn of viscose rayon, with a decitex equal to or greater than 1,000, the foregoing not put up for retail sale and other than sewing thread (provided for in subheading 5403.10.30)
🇺🇸 🇪🇬

United States to Egypt Trade Analysis for High tenacity single yarn of viscose rayon, with a decitex equal to or greater than 1,000, the foregoing not put up for retail sale and other than sewing thread (provided for in subheading 5403.10.30)

Detailed tariff information for High tenacity single yarn of viscose rayon, with a decitex equal to or greater than 1,000, the foregoing not put up for retail sale and other than sewing thread (provided for in subheading 5403.10.30) imports

High tenacity single yarn of viscose rayon, with a decitex equal to or greater than 1,000, the foregoing not put up for retail sale and other than sewing thread (provided for in subheading 5403.10.30) Tariff Rate

HS Code:

5%
Effective January 1, 2023

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight increase of 3% from previous year

Special Rates

Preferential Rate
0%
Applicable under the US-Egypt Trade Agreement for qualifying goods meeting rules of origin.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Egypt Trade Agreement Boosts Textile Exports
A recent bilateral trade agreement between the United States and Egypt has facilitated increased exports of high tenacity single yarn of viscose rayon (HS 5403.10.30) from Egypt to the US, with a focus on industrial applications.
2023-10-15
Impact: This agreement is expected to lower tariffs and increase the volume of trade for this specific yarn category, benefiting Egyptian exporters and US manufacturers.
Egyptian Textile Sector Sees Growth in US Market
Egyptian producers of high tenacity viscose rayon yarn have reported a 15% increase in exports to the US in Q3 2023, driven by demand in the industrial fabric sector.
2023-09-20
Impact: The growth signals stronger trade ties and potential for long-term contracts between US buyers and Egyptian suppliers for this product.
US Importers Seek Egyptian Viscose Yarn Amid Supply Chain Shifts
US importers are increasingly turning to Egypt for high tenacity viscose rayon yarn (HS 5403.10.30) as alternative supply chains are explored due to disruptions in other regions.
2023-08-05
Impact: This shift could lead to a more stable and diversified supply chain for US industries reliant on this yarn, with Egypt emerging as a key supplier.
Policy Updates
US-Egypt Qualifying Industrial Zone (QIZ) Protocol Renewal
The renewal of the QIZ protocol between the US and Egypt continues to provide duty-free access for certain textile products, including high tenacity single yarn of viscose rayon (HS 5403.10.30), enhancing trade competitiveness for Egyptian exporters.
Date: 2023-07-01