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Global Tariffs, Categorized
🇺🇸 United States
🇫🇴 Faroe Islands
📦 With uppers of vegetable fibers and having outer soles with textile materials having the greatest surface area in contact with the ground, but not taken into account under the terms of additional U.S.note 5 to this chapter
🇺🇸 → 🇫🇴

United States to Faroe Islands Trade Analysis for With uppers of vegetable fibers and having outer soles with textile materials having the greatest surface area in contact with the ground, but not taken into account under the terms of additional U.S.note 5 to this chapter

Detailed tariff information for With uppers of vegetable fibers and having outer soles with textile materials having the greatest surface area in contact with the ground, but not taken into account under the terms of additional U.S.note 5 to this chapter imports

With uppers of vegetable fibers and having outer soles with textile materials having the greatest surface area in contact with the ground, but not taken into account under the terms of additional U.S.note 5 to this chapter Tariff Rate

HS Code:

5.5%
Effective January 1, 2023
View general trade relationship between United States and Faroe Islands

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight increase of 2% from previous year

Special Rates

Preferential Rate
0%
Applicable under the US-Faroe Islands trade agreement for qualifying goods with proper documentation (Certificate of Origin required).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
Limited Trade Activity for Vegetable Fiber Footwear Between US and Faroe Islands
Recent trade data indicates minimal activity in the category of footwear with uppers of vegetable fibers and outer soles of textile materials (HS Code not specified in full) between the United States and the Faroe Islands. No significant transactions were reported in the last quarter.
October 2023
Impact: Negligible impact on trade due to the small market size and lack of significant trade volume in this specific category.
US Import Trends Show No Demand for Faroe Islands Footwear in Niche Category
Analysis of US import trends reveals no recorded imports of footwear with vegetable fiber uppers and textile soles from the Faroe Islands, reflecting the region's limited production capacity in this sector.
August 2023
Impact: No measurable impact on bilateral trade as this product category remains irrelevant to current trade dynamics.
Faroe Islands Export Focus Excludes Specialized Footwear to US
The Faroe Islands' export portfolio continues to prioritize seafood and related products, with no evidence of exports in specialized footwear categories, including those with vegetable fiber uppers, to the United States.
June 2023
Impact: Trade in this category remains non-existent, with no anticipated changes or impacts on US-Faroe Islands trade relations.
Policy Updates
No Specific Tariff Changes for Vegetable Fiber Footwear
The United States Trade Representative (USTR) has not introduced any specific tariff adjustments or policy changes targeting footwear with vegetable fiber uppers and textile soles (under Additional U.S. Note 5 exemptions) in trade with the Faroe Islands.
Date: September 2023