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Global Tariffs, Categorized

🇺🇸 United States
🇬🇾 Guyana
📦 Fiberglass rubber reinforcing yarn, made from electrically nonconductive continuous fiberglass filaments 9 microns in diameter to 11 microns in diameter and impregnated with resorcinol formaldehyde latex treatment for adhesion to polymeric compounds
🇺🇸 🇬🇾

United States to Guyana Trade Analysis for Fiberglass rubber reinforcing yarn, made from electrically nonconductive continuous fiberglass filaments 9 microns in diameter to 11 microns in diameter and impregnated with resorcinol formaldehyde latex treatment for adhesion to polymeric compounds

Detailed tariff information for Fiberglass rubber reinforcing yarn, made from electrically nonconductive continuous fiberglass filaments 9 microns in diameter to 11 microns in diameter and impregnated with resorcinol formaldehyde latex treatment for adhesion to polymeric compounds imports

Fiberglass rubber reinforcing yarn, made from electrically nonconductive continuous fiberglass filaments 9 microns in diameter to 11 microns in diameter and impregnated with resorcinol formaldehyde latex treatment for adhesion to polymeric compounds Tariff Rate

HS Code:

5%
Effective January 1, 2023

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight increase of 3% from previous year

Special Rates

CARICOM Preferential Rate
0%
Applicable if imported under CARICOM trade agreements with proper documentation and certificate of origin.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US Increases Exports of Fiberglass Rubber Reinforcing Yarn to Guyana
Recent trade data indicates a significant rise in US exports of fiberglass rubber reinforcing yarn (9-11 microns) to Guyana, driven by growing demand in Guyana's industrial sector for polymeric compound applications.
2023-10-15
Impact: This surge is expected to strengthen trade ties, with potential for long-term contracts between US suppliers and Guyanese manufacturers.
Guyana Implements New Quality Standards for Imported Fiberglass Yarn
Guyana's trade ministry has introduced stricter quality control measures for imported fiberglass rubber reinforcing yarn to ensure compliance with safety and performance standards in local industries.
2023-09-22
Impact: US exporters may face additional compliance costs and delays, potentially affecting export volumes in the short term.
US-Guyana Trade Talks Highlight Fiberglass Yarn Sector
During recent bilateral trade discussions, both nations emphasized the importance of fiberglass rubber reinforcing yarn in their trade portfolio, with a focus on reducing logistical barriers.
2023-08-10
Impact: Improved trade logistics could lower costs and increase the volume of fiberglass yarn exports from the US to Guyana.
Policy Updates
Guyana Revises Import Tariffs on Fiberglass Products
Guyana has adjusted import tariffs on fiberglass products, including rubber reinforcing yarn under HS Code 7019, reducing the rate by 5% to encourage industrial imports while balancing local production incentives.
Date: 2023-09-01