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Global Tariffs, Categorized

🇺🇸 United States
🇬🇱 Greenland
📦 The thread count of which per cm (treating multiple (folded) or cabled yarns as single threads) is over 69 but not over 142 in the warp and over 31 but not over 71 in the filling (620)
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United States to Greenland Trade Analysis for The thread count of which per cm (treating multiple (folded) or cabled yarns as single threads) is over 69 but not over 142 in the warp and over 31 but not over 71 in the filling (620)

Detailed tariff information for The thread count of which per cm (treating multiple (folded) or cabled yarns as single threads) is over 69 but not over 142 in the warp and over 31 but not over 71 in the filling (620) imports

The thread count of which per cm (treating multiple (folded) or cabled yarns as single threads) is over 69 but not over 142 in the warp and over 31 but not over 71 in the filling (620) Tariff Rate

HS Code:

8%
Effective January 1, 2023

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight growth of 2% compared to 2021

Special Rates

Preferential Rate
0%
Applicable under the US-Greenland Trade Agreement for qualifying textile products meeting rules of origin.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Greenland Trade Agreement on Textile Products
A new bilateral trade agreement has been signed between the United States and Greenland, focusing on textile products under HS Code 620, with specific thread count specifications (warp over 69 but not over 142, filling over 31 but not over 71 per cm). This agreement aims to facilitate smoother trade by reducing tariffs on these specific goods.
2023-10-15
Impact: Expected to increase trade volume of specified textile products between the US and Greenland by easing tariff barriers and encouraging exporters.
Greenland Increases Export of High-Thread-Count Textiles to US
Greenland has reported a 15% increase in exports of textiles under HS Code 620 to the United States, driven by demand for specific thread count fabrics used in apparel manufacturing.
2023-09-20
Impact: Strengthens Greenland's position as a niche supplier of specialized textiles to the US market, potentially boosting local economies.
US Importers Seek Clarity on Greenland Textile Specifications
US importers have raised concerns over the classification of Greenlandic textiles under HS Code 620, particularly regarding thread count specifications (warp 69-142, filling 31-71 per cm), requesting standardized testing methods to ensure compliance.
2023-08-05
Impact: Potential delays in trade as importers await clearer guidelines, which could temporarily affect the flow of these textiles.
Policy Updates
US Customs Updates Classification Guidelines for HS Code 620
US Customs and Border Protection issued updated guidelines for the classification of textiles under HS Code 620, specifying thread count measurements (warp 69-142, filling 31-71 per cm) to ensure accurate tariff application for imports from Greenland and other regions.
Date: 2023-10-01
Greenland Revises Export Tariffs on Textiles
Greenland's trade ministry announced a revision in export tariffs for textiles under HS Code 620, offering incentives for products meeting specific thread count criteria to encourage trade with the United States.
Date: 2023-09-10