Data not specifically available for HS Code segment
Year
2023
Trend
Stable trade flow between U.S. and Guam due to insular possession status
Special Rates
Insular Possession Rate
Free
Applies to goods imported into Guam from the United States as an insular possession; no tariffs are imposed under the U.S. tariff schedule for qualifying goods.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Guam Trade Agreement Boosts Textile Exports
A new bilateral trade agreement between the United States and Guam has facilitated increased exports of textiles, including products under HS Code 5513 (containing less than 85% by weight of artificial staple fibers, mixed mainly or solely with cotton).
2023-10-15
Impact: This agreement is expected to reduce tariffs and increase the volume of textile trade between the US and Guam, benefiting local manufacturers and exporters.
Guam Textile Imports from US See Seasonal Surge
Recent data shows a seasonal increase in imports of HS Code 5513 textiles from the US to Guam, driven by demand for apparel production ahead of the holiday season.
2023-09-20
Impact: This surge may lead to temporary supply chain constraints but offers opportunities for US exporters to strengthen market presence in Guam.
US Customs Implements Stricter Documentation for Textile Shipments to Guam
US Customs and Border Protection announced stricter documentation requirements for textile shipments, including HS Code 5513, to Guam to prevent misclassification and ensure compliance.
2023-08-05
Impact: Exporters may face delays and increased compliance costs, potentially affecting the flow of textile trade to Guam in the short term.
Policy Updates
Updated Tariff Exemptions for Guam Textile Imports
The US Trade Representative has updated tariff exemptions for certain textile categories, including HS Code 5513, allowing duty-free imports into Guam under specific quotas to support local industries.
Date: 2023-10-01
Revised US-Guam Trade Compliance Guidelines
New compliance guidelines have been issued for trade between the US and Guam, mandating detailed reporting for shipments of textiles under HS Code 5513 to enhance transparency and prevent tariff evasion.
