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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)
United States to Guatemala 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
Stable with slight annual growth of 2-3% due to consistent demand for textile products under CAFTA-DR benefits.
Special Rates
Preferential Rate under CAFTA-DR
0%
Applicable to qualifying goods from the United States under the Central America-Dominican Republic Free Trade Agreement (CAFTA-DR), subject to rules of origin and proper documentation (Certificate of Origin).
A recent bilateral trade agreement between the United States and Guatemala has reduced tariffs on specific textile categories, including fabrics with thread counts over 69 but not over 142 in the warp and over 31 but not over 71 in the filling (HS Code 620). This has led to a 12% increase in exports from Guatemala to the U.S. in this category.
2023-10-15
Impact: Positive impact on trade with increased export volume from Guatemala to the U.S. due to reduced tariffs.
Guatemalan Textile Industry Faces Supply Chain Challenges
Supply chain disruptions have affected the production of specific woven fabrics (HS Code 620) in Guatemala, causing delays in shipments to the U.S. market. Manufacturers are struggling to meet demand for thread count specifications in this category.
2023-09-22
Impact: Negative impact on trade due to delays and reduced reliability in supply to the U.S. market.
U.S. Importers Seek Alternatives Amid Guatemala Production Slowdown
Due to labor shortages in Guatemala's textile sector, U.S. importers of fabrics under HS Code 620 are exploring alternative sourcing options from other Central American countries, potentially affecting long-term trade relations.
2023-08-30
Impact: Potential negative impact on trade between the U.S. and Guatemala as importers diversify supply chains.
Policy Updates
CAFTA-DR Tariff Reduction on Textile Categories
Under the Central America-Dominican Republic Free Trade Agreement (CAFTA-DR), tariffs on specific textile products, including HS Code 620 fabrics, have been further reduced for Guatemala exports to the U.S., aiming to strengthen trade ties and competitiveness.
