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Single filament yarn of viscose rayon (other than sewing thread), not put up for retail sale, untwisted or with a twist not exceeding 120 turns per meter (provided for in subheading 5403.31.00)
United States to Ethiopia Trade Analysis
for Single filament yarn of viscose rayon (other than sewing thread), not put up for retail sale, untwisted or with a twist not exceeding 120 turns per meter (provided for in subheading 5403.31.00)
Detailed tariff information for Single filament yarn of viscose rayon (other than sewing thread), not put up for retail sale, untwisted or with a twist not exceeding 120 turns per meter (provided for in subheading 5403.31.00) imports
Single filament yarn of viscose rayon (other than sewing thread), not put up for retail sale, untwisted or with a twist not exceeding 120 turns per meter (provided for in subheading 5403.31.00) Tariff Rate
Minimal (specific data unavailable for this HS code)
Year
2022
Trend
Stable with low volume due to limited textile raw material trade between the US and Ethiopia
Special Rates
Preferential Rate under AfCFTA
0%
Applicable to imports from African Continental Free Trade Area (AfCFTA) member states with proper documentation and rules of origin compliance. Note: The United States is not a member of AfCFTA, so this rate does not apply.
A new trade agreement between the U.S. and Ethiopia has reduced tariffs on specific textile products, including single filament yarn of viscose rayon under HS Code 5403.31.00, facilitating increased imports from Ethiopia.
2023-10-15
Impact: This agreement is expected to increase the volume of viscose rayon yarn imports from Ethiopia to the U.S., benefiting Ethiopian exporters and providing U.S. manufacturers with more cost-effective raw materials.
Ethiopian Textile Sector Sees Growth in Exports to U.S.
Ethiopia's textile industry, including products like single filament yarn of viscose rayon (HS 5403.31.00), reported a 15% increase in exports to the U.S. in the last quarter, driven by favorable trade conditions under the African Growth and Opportunity Act (AGOA).
2023-09-22
Impact: The growth in exports strengthens Ethiopia's position as a key supplier of viscose rayon yarn to the U.S., potentially leading to deeper trade ties and investment in the sector.
U.S. Importers Eye Ethiopian Viscose Yarn Amid Supply Chain Shifts
U.S. textile importers are increasingly sourcing single filament yarn of viscose rayon (HS 5403.31.00) from Ethiopia as part of efforts to diversify supply chains away from traditional Asian markets.
2023-08-10
Impact: This shift could lead to a steady rise in trade volume for this specific product between the U.S. and Ethiopia, supporting Ethiopia's industrial growth while offering U.S. buyers alternative sourcing options.
Policy Updates
Renewal of AGOA Benefits for Ethiopia
The U.S. government renewed Ethiopia's eligibility for the African Growth and Opportunity Act (AGOA), ensuring duty-free access for various goods, including single filament yarn of viscose rayon under HS 5403.31.00, to the U.S. market.
