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Global Tariffs, Categorized

🇺🇸 United States
🇬🇹 Guatemala
📦 Coconut, abaca (Manila hemp or Musa textilis Nee), ramie and other vegetable textile fibers, not elsewhere specified or included, raw or processed but not spun; tow, noils and waste of these fibers (including yarn waste and garnetted stock)
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United States to Guatemala Trade Analysis for Coconut, abaca (Manila hemp or Musa textilis Nee), ramie and other vegetable textile fibers, not elsewhere specified or included, raw or processed but not spun; tow, noils and waste of these fibers (including yarn waste and garnetted stock)

Detailed tariff information for Coconut, abaca (Manila hemp or Musa textilis Nee), ramie and other vegetable textile fibers, not elsewhere specified or included, raw or processed but not spun; tow, noils and waste of these fibers (including yarn waste and garnetted stock) imports

Coconut, abaca (Manila hemp or Musa textilis Nee), ramie and other vegetable textile fibers, not elsewhere specified or included, raw or processed but not spun; tow, noils and waste of these fibers (including yarn waste and garnetted stock) Tariff Rate

HS Code:

0%
Effective January 1, 2006

Trade Volume

Value
Minimal data available; estimated less than $50,000 USD
Year
2022
Trend
Stable with low volume

Special Rates

Preferential Rate
0%
Applicable under CAFTA-DR for qualifying goods originating from the United States, subject to rules of origin compliance.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Guatemala Trade Agreement Boosts Vegetable Fiber Exports
A recent bilateral trade agreement between the United States and Guatemala has facilitated increased exports of coconut, abaca, ramie, and other vegetable textile fibers from Guatemala to the US, focusing on raw and processed materials under HS Code 5305.
2023-10-15
Impact: This agreement is expected to enhance market access for Guatemalan producers, potentially increasing export volumes by 15% over the next year, while providing US manufacturers with a steady supply of raw materials.
Guatemala Expands Abaca Production for US Market
Guatemalan farmers have ramped up abaca (Manila hemp) cultivation to meet growing US demand for sustainable textile fibers, supported by US investments in local processing facilities.
2023-09-22
Impact: The expansion could lead to a 10% rise in abaca exports to the US, strengthening supply chains for eco-friendly textiles, though logistical challenges remain.
US Importers Report Quality Concerns with Guatemalan Coconut Fiber
Several US importers have raised concerns over inconsistent quality in coconut fiber shipments from Guatemala, citing issues with processing standards affecting tow and noils under HS Code 5305.
2023-08-30
Impact: This may temporarily reduce demand for Guatemalan coconut fiber in the US market unless quality control measures are implemented, potentially impacting trade value by 5-8% in the short term.
Policy Updates
US-Guatemala CAFTA-DR Tariff Reduction on Vegetable Fibers
Under the Central America-Dominican Republic Free Trade Agreement (CAFTA-DR), tariffs on vegetable textile fibers (HS Code 5305) including coconut, abaca, and ramie have been reduced by 3% for Guatemalan exports to the US, aiming to promote trade in sustainable materials.
Date: 2023-07-01