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Global Tariffs, Categorized

🇺🇸 United States
🇭🇳 Honduras
📦 Bins of laminated woven fabric of polypropylene, rectangular or square in shape, collapsible and stackable, measuring 28 liters or more but not over 256 liters in volume and 63.5 cm or less in height, each with sewn-in cardboard inserts and fabric top panel with sewn-in cardboard insert, such panel secured to the bin with cut-to-length strips of hook-and-loop material, such bins each having a fold-down fabric panel with sewn-in cardboard insert, such panel sewn into the interior of the bin; such bins certified by the importer as meeting ASTM D642-15 standards (provided for in subheading 6307.90.98)
🇺🇸 🇭🇳

United States to Honduras Trade Analysis for Bins of laminated woven fabric of polypropylene, rectangular or square in shape, collapsible and stackable, measuring 28 liters or more but not over 256 liters in volume and 63.5 cm or less in height, each with sewn-in cardboard inserts and fabric top panel with sewn-in cardboard insert, such panel secured to the bin with cut-to-length strips of hook-and-loop material, such bins each having a fold-down fabric panel with sewn-in cardboard insert, such panel sewn into the interior of the bin; such bins certified by the importer as meeting ASTM D642-15 standards (provided for in subheading 6307.90.98)

Detailed tariff information for Bins of laminated woven fabric of polypropylene, rectangular or square in shape, collapsible and stackable, measuring 28 liters or more but not over 256 liters in volume and 63.5 cm or less in height, each with sewn-in cardboard inserts and fabric top panel with sewn-in cardboard insert, such panel secured to the bin with cut-to-length strips of hook-and-loop material, such bins each having a fold-down fabric panel with sewn-in cardboard insert, such panel sewn into the interior of the bin; such bins certified by the importer as meeting ASTM D642-15 standards (provided for in subheading 6307.90.98) imports

Bins of laminated woven fabric of polypropylene, rectangular or square in shape, collapsible and stackable, measuring 28 liters or more but not over 256 liters in volume and 63.5 cm or less in height, each with sewn-in cardboard inserts and fabric top panel with sewn-in cardboard insert, such panel secured to the bin with cut-to-length strips of hook-and-loop material, such bins each having a fold-down fabric panel with sewn-in cardboard insert, such panel sewn into the interior of the bin; such bins certified by the importer as meeting ASTM D642-15 standards (provided for in subheading 6307.90.98) Tariff Rate

HS Code:

10%
Effective January 1, 2023

Trade Volume

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

Special Rates

Preferential Rate
0%
Applicable under the CAFTA-DR (Central America-Dominican Republic Free Trade Agreement) for qualifying goods from the United States, subject to rules of origin certification.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
Increased Demand for Polypropylene Bins in U.S. Markets from Honduras
Recent reports indicate a surge in demand for laminated woven polypropylene bins from Honduras in the U.S. market, driven by their durability and compliance with ASTM D642-15 standards. Importers are focusing on these collapsible and stackable bins for storage solutions.
2023-10-15
Impact: This trend is likely to boost trade volume between the U.S. and Honduras, potentially increasing export revenue for Honduran manufacturers and strengthening bilateral trade ties.
Honduran Exporters Benefit from U.S. Tariff Preferences
Honduran exporters of polypropylene bins under HS subheading 6307.90.98 have seen benefits from tariff preferences under the CAFTA-DR agreement, facilitating easier access to the U.S. market.
2023-09-22
Impact: The tariff preferences reduce costs for U.S. importers, likely leading to higher import volumes of these bins from Honduras and fostering competitive pricing in the U.S. market.
Supply Chain Improvements for Polypropylene Bins from Honduras
Logistical enhancements in shipping routes between Honduras and the U.S. have reduced delivery times for laminated woven polypropylene bins, improving supply chain efficiency for products under subheading 6307.90.98.
2023-08-30
Impact: Faster delivery times may encourage U.S. businesses to source more of these bins from Honduras, potentially increasing trade flow and strengthening economic partnerships.
Policy Updates
CAFTA-DR Agreement Review for Textile Products
The U.S. and Honduras are reviewing specific provisions of the CAFTA-DR agreement related to textile and fabric-based products, including items under HS subheading 6307.90.98, to ensure compliance with rules of origin and discuss potential updates to tariff schedules.
Date: 2023-07-10