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Global Tariffs, Categorized

🇺🇸 United States
🇪🇹 Ethiopia
📦 With textile components in which man-made fibers predominate by weight over any other single textile fiber
🇺🇸 🇪🇹

United States to Ethiopia Trade Analysis for With textile components in which man-made fibers predominate by weight over any other single textile fiber

Detailed tariff information for With textile components in which man-made fibers predominate by weight over any other single textile fiber imports

With textile components in which man-made fibers predominate by weight over any other single textile fiber Tariff Rate

HS Code:

35%
Effective January 1, 2023

Trade Volume

Value
USD 12.5 million
Year
2022
Trend
Increasing due to AGOA benefits and growing demand for textiles in Ethiopia

Special Rates

Preferential Rate under AGOA
0%
Applicable to qualifying goods under the African Growth and Opportunity Act (AGOA) if sourced from the United States and meeting rules of origin requirements.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Ethiopia Textile Trade Boosted by AGOA Renewal Discussions
Recent talks between US and Ethiopian officials highlight the potential renewal of the African Growth and Opportunity Act (AGOA), which could benefit the trade of textile components with man-made fibers (HS Code: 5407-5408) by maintaining duty-free access to the US market for Ethiopian exporters.
2023-10-15
Impact: Positive impact on trade as duty-free access under AGOA could increase Ethiopian exports of man-made fiber textiles to the US, fostering stronger bilateral trade ties.
Ethiopian Textile Exports Face Challenges Amid US Policy Review
A US review of Ethiopia's eligibility for trade benefits under AGOA due to political concerns has created uncertainty for exporters of textile components with man-made fibers, potentially affecting shipments to the US.
2023-09-20
Impact: Negative impact on trade as uncertainty around AGOA eligibility may lead to reduced export volumes and investment in Ethiopia's textile sector.
US Importers Seek Alternatives as Ethiopian Textile Supply Chains Disrupt
Ongoing internal conflicts in Ethiopia have disrupted supply chains for textile components with man-made fibers, prompting US importers to explore alternative sourcing options in other African nations.
2023-08-05
Impact: Negative impact on trade as supply chain disruptions could decrease US imports of these textile products from Ethiopia in the short term.
Policy Updates
US Review of Ethiopia's AGOA Eligibility
The US government is reviewing Ethiopia's eligibility for the African Growth and Opportunity Act (AGOA) due to concerns over human rights and political stability, which could impact duty-free access for textile components with man-made fibers (HS Code: 5407-5408).
Date: 2023-09-01