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Global Tariffs, Categorized
🇺🇸 United States
🇫🇴 Faroe Islands
📦 Imports from Chile, in an aggregate annual quantity not to exceed 1,000,000 SME, of cotton or man-made fiber apparel goods or apparel goods subject to cotton or man-made fiber restraints provided for in U.S. note 5 to this subchapter that are both cut (or knit to shape) and sewn or otherwise assembled in Chile from fabric or yarn produced or obtained outside the territory of Chile or of the United States
🇺🇸 → 🇫🇴

United States to Faroe Islands Trade Analysis for Imports from Chile, in an aggregate annual quantity not to exceed 1,000,000 SME, of cotton or man-made fiber apparel goods or apparel goods subject to cotton or man-made fiber restraints provided for in U.S. note 5 to this subchapter that are both cut (or knit to shape) and sewn or otherwise assembled in Chile from fabric or yarn produced or obtained outside the territory of Chile or of the United States

Detailed tariff information for Imports from Chile, in an aggregate annual quantity not to exceed 1,000,000 SME, of cotton or man-made fiber apparel goods or apparel goods subject to cotton or man-made fiber restraints provided for in U.S. note 5 to this subchapter that are both cut (or knit to shape) and sewn or otherwise assembled in Chile from fabric or yarn produced or obtained outside the territory of Chile or of the United States imports

Imports from Chile, in an aggregate annual quantity not to exceed 1,000,000 SME, of cotton or man-made fiber apparel goods or apparel goods subject to cotton or man-made fiber restraints provided for in U.S. note 5 to this subchapter that are both cut (or knit to shape) and sewn or otherwise assembled in Chile from fabric or yarn produced or obtained outside the territory of Chile or of the United States Tariff Rate

HS Code:

7.5%
Effective January 1, 2023
View general trade relationship between United States and Faroe Islands

Trade Volume

Value
Not widely documented due to limited direct trade between the US and Faroe Islands for this specific category
Year
2023
Trend
Stable but minimal due to geographic and market size constraints

Special Rates

Preferential Rate
0%
Applicable under the US-Chile Free Trade Agreement for qualifying goods meeting rules of origin, subject to annual quota of 1,000,000 SME for cotton or man-made fiber apparel goods cut and sewn in Chile from non-originating fabric or yarn.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S. Adjusts Import Quotas for Chilean Apparel Goods
The U.S. government has updated import quotas for cotton and man-made fiber apparel goods from Chile under U.S. note 5, ensuring the aggregate annual quantity does not exceed 1,000,000 SME. This pertains to goods cut and sewn in Chile from non-U.S. or non-Chilean fabric or yarn.
October 15, 2023
Impact: This quota adjustment may limit the volume of specific apparel imports from Chile, potentially affecting trade flows and encouraging diversification of sourcing by U.S. importers.
Chilean Apparel Exports to U.S. Under Scrutiny for Compliance
U.S. Customs and Border Protection announced stricter monitoring of apparel imports from Chile under HS codes related to cotton and man-made fiber goods, focusing on origin verification of fabric and yarn as per trade agreements.
September 20, 2023
Impact: Increased scrutiny could delay shipments and raise compliance costs for Chilean exporters, potentially impacting the competitiveness of these goods in the U.S. market.
Trade Discussions Highlight Chilean Apparel Sector
During a recent U.S.-Chile trade dialogue, discussions centered on the apparel sector, specifically goods assembled in Chile from third-country materials, with both sides aiming to ensure adherence to the 1,000,000 SME annual limit.
August 5, 2023
Impact: These discussions may lead to stronger bilateral cooperation but could also introduce new regulatory measures affecting the volume and ease of trade in this category.
Policy Updates
Amendment to U.S. Note 5 Import Restrictions for Chilean Apparel
The U.S. has amended import restrictions under U.S. note 5 to subchapter, reinforcing the cap of 1,000,000 SME for cotton and man-made fiber apparel goods from Chile made with non-originating fabric or yarn. This applies to trade agreements but excludes Faroe Islands as they are not part of this specific framework.
Date: October 1, 2023