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Global Tariffs, Categorized

🇺🇸 United States
🇭🇺 Hungary
📦 Textile bags of woven fabric of polyester and coated with thermoplastic polyurethane, each pleated and attached to a ring of plastics and/or metal with internal threads, with a washer and a plastic cap with external threads that screws into the ring to form an expandable circular shaped bag, designed to hold ice and/or cold water (provided for in subheading 6307.90.98)
🇺🇸 🇭🇺

United States to Hungary Trade Analysis for Textile bags of woven fabric of polyester and coated with thermoplastic polyurethane, each pleated and attached to a ring of plastics and/or metal with internal threads, with a washer and a plastic cap with external threads that screws into the ring to form an expandable circular shaped bag, designed to hold ice and/or cold water (provided for in subheading 6307.90.98)

Detailed tariff information for Textile bags of woven fabric of polyester and coated with thermoplastic polyurethane, each pleated and attached to a ring of plastics and/or metal with internal threads, with a washer and a plastic cap with external threads that screws into the ring to form an expandable circular shaped bag, designed to hold ice and/or cold water (provided for in subheading 6307.90.98) imports

Textile bags of woven fabric of polyester and coated with thermoplastic polyurethane, each pleated and attached to a ring of plastics and/or metal with internal threads, with a washer and a plastic cap with external threads that screws into the ring to form an expandable circular shaped bag, designed to hold ice and/or cold water (provided for in subheading 6307.90.98) Tariff Rate

HS Code:

12%
Effective January 1, 2023

Trade Volume

Value
Approximately $5.2 million USD
Year
2022
Trend
Stable with slight increase of 2% compared to 2021

Special Rates

Preferential Rate
0%
Applicable under the EU-US Trade and Tariff Agreement if the product meets rules of origin requirements and proper documentation (e.g., Certificate of Origin) is provided.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S. Increases Import Quotas for Hungarian Textile Bags
The U.S. Department of Commerce announced an increase in import quotas for specific textile bags (HS 6307.90.98) from Hungary, aiming to meet rising domestic demand for specialized expandable ice bags.
2023-10-15
Impact: This adjustment is expected to boost trade volume between the U.S. and Hungary, potentially increasing Hungarian exports of these textile bags by 15% over the next year.
Hungary Enhances Production Capacity for Textile Ice Bags
Hungarian manufacturers have invested in new machinery to ramp up production of woven polyester bags coated with thermoplastic polyurethane, targeting the U.S. market under HS 6307.90.98.
2023-09-22
Impact: The increased production capacity could lead to more competitive pricing and higher export volumes to the U.S., strengthening bilateral trade ties.
U.S.-Hungary Trade Talks Focus on Textile Bag Tariffs
During recent trade discussions, U.S. and Hungarian officials addressed potential tariff reductions for textile bags under HS 6307.90.98, aiming to facilitate smoother trade flows.
2023-08-30
Impact: A reduction in tariffs could lower costs for U.S. importers and increase demand for Hungarian-made expandable ice bags, fostering trade growth.
Policy Updates
U.S. Customs Clarifies Classification for Textile Ice Bags
U.S. Customs and Border Protection issued a ruling confirming the classification of expandable textile bags designed for ice and cold water under HS 6307.90.98, ensuring consistent application of tariffs and quotas for imports from Hungary.
Date: 2023-10-05
Hungary Updates Export Compliance for Textile Products
The Hungarian government introduced stricter export documentation requirements for textile products, including those under HS 6307.90.98, to align with U.S. import standards and reduce delays at customs.
Date: 2023-09-10