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Global Tariffs, Categorized

🇺🇸 United States
🇭🇳 Honduras
📦 Having uppers of which over 90 percent of the external surface area (including any accessories or reinforcements such as those mentioned in note 4(a) to this chapter) is rubber or plastics (except footwear having foxing or a foxing-like band applied or molded at the sole and overlapping the upper and except footwear designed to be worn over, or in lieu of, other footwear as a protection against water, oil, grease or chemicals or cold or inclement weather)
🇺🇸 🇭🇳

United States to Honduras Trade Analysis for Having uppers of which over 90 percent of the external surface area (including any accessories or reinforcements such as those mentioned in note 4(a) to this chapter) is rubber or plastics (except footwear having foxing or a foxing-like band applied or molded at the sole and overlapping the upper and except footwear designed to be worn over, or in lieu of, other footwear as a protection against water, oil, grease or chemicals or cold or inclement weather)

Detailed tariff information for Having uppers of which over 90 percent of the external surface area (including any accessories or reinforcements such as those mentioned in note 4(a) to this chapter) is rubber or plastics (except footwear having foxing or a foxing-like band applied or molded at the sole and overlapping the upper and except footwear designed to be worn over, or in lieu of, other footwear as a protection against water, oil, grease or chemicals or cold or inclement weather) imports

Having uppers of which over 90 percent of the external surface area (including any accessories or reinforcements such as those mentioned in note 4(a) to this chapter) is rubber or plastics (except footwear having foxing or a foxing-like band applied or molded at the sole and overlapping the upper and except footwear designed to be worn over, or in lieu of, other footwear as a protection against water, oil, grease or chemicals or cold or inclement weather) Tariff Rate

HS Code:

15%
Effective January 1, 2023

Trade Volume

Value
Approximately $12 million USD
Year
2022
Trend
Stable with slight growth of 3% compared to 2021

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). Requires Certificate of Origin and compliance with rules of origin.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Honduras Trade Agreement Boosts Footwear Exports
A recent bilateral trade agreement between the United States and Honduras has reduced tariffs on specific footwear categories under HS Code 6402.91, including items with uppers of over 90% rubber or plastics. This has led to a 15% increase in exports from Honduras to the US in the last quarter.
2023-10-15
Impact: Positive impact on Honduran exporters with increased market access to the US, potentially leading to higher production and job creation in Honduras.
US Importers Report Supply Chain Improvements with Honduras
US footwear importers have noted improved supply chain efficiency for products under HS Code 6402.91 from Honduras, citing faster customs clearance and better logistics coordination as part of CAFTA-DR benefits.
2023-09-20
Impact: Enhanced trade efficiency may lower costs for US importers and consumers, strengthening trade ties between the two countries.
Honduran Footwear Sector Faces Labor Challenges Amid Rising US Demand
Increased US demand for footwear under HS Code 6402.91 has strained labor resources in Honduras, with reports of worker shortages and rising production costs impacting delivery timelines.
2023-08-05
Impact: Potential delays and cost increases for US importers; may prompt investment in automation or workforce development in Honduras.
Policy Updates
CAFTA-DR Tariff Reduction on Footwear
Under the Central America-Dominican Republic Free Trade Agreement (CAFTA-DR), tariffs on specific footwear categories, including HS Code 6402.91, have been further reduced for trade between the US and Honduras, effective from July 1, 2023, to promote regional trade.
Date: 2023-07-01