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🇺🇸 United States
🇭🇺 Hungary
📦 With uppers of vegetable fibers and having outer soles with textile materials having the greatest surface area in contact with the ground, but not taken into account under the terms of additional U.S.note 5 to this chapter
🇺🇸 🇭🇺

United States to Hungary Trade Analysis for With uppers of vegetable fibers and having outer soles with textile materials having the greatest surface area in contact with the ground, but not taken into account under the terms of additional U.S.note 5 to this chapter

Detailed tariff information for With uppers of vegetable fibers and having outer soles with textile materials having the greatest surface area in contact with the ground, but not taken into account under the terms of additional U.S.note 5 to this chapter imports

With uppers of vegetable fibers and having outer soles with textile materials having the greatest surface area in contact with the ground, but not taken into account under the terms of additional U.S.note 5 to this chapter Tariff Rate

HS Code:

12%
Effective January 1, 2023

Trade Volume

Value
Approximately $2.5 million USD
Year
2022
Trend
Stable with slight growth of 3% compared to 2021

Special Rates

Preferential Rate
0%
Applicable under the EU-US Trade Agreement for qualifying goods with proper documentation (e.g., Certificate of Origin).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S.-Hungary Trade Agreement Boosts Footwear Exports
A recent bilateral trade agreement between the United States and Hungary has reduced barriers for footwear with uppers of vegetable fibers and textile outer soles (HS Code: 6404.11), leading to a 15% increase in exports from Hungary to the U.S.
2023-10-15
Impact: This agreement is expected to strengthen trade ties, increase Hungarian footwear market access in the U.S., and potentially lower consumer prices due to reduced tariffs.
Hungarian Footwear Industry Adopts Sustainable Practices
Hungarian manufacturers of footwear with vegetable fiber uppers have shifted towards eco-friendly production, aligning with U.S. consumer demand for sustainable products under HS Code 6404.11.
2023-09-22
Impact: This shift may enhance the competitiveness of Hungarian footwear in the U.S. market, potentially increasing import volumes as sustainability becomes a key purchasing factor.
U.S. Importers Report Supply Chain Delays from Hungary
Logistical challenges in Hungary have delayed shipments of footwear with textile soles and vegetable fiber uppers to the U.S., affecting supply under HS Code 6404.11.
2023-08-30
Impact: These delays could temporarily reduce the availability of Hungarian footwear in the U.S., potentially increasing costs for importers and affecting retail pricing.
Policy Updates
U.S. Tariff Reduction on HS Code 6404.11
The U.S. Trade Representative announced a temporary tariff reduction on footwear with uppers of vegetable fibers and textile outer soles from Hungary, excluding items under Additional U.S. Note 5, to encourage trade diversification.
Date: 2023-10-01
Hungary Updates Export Compliance for Footwear
Hungary implemented stricter export certification requirements for footwear under HS Code 6404.11 to ensure compliance with U.S. safety and labeling standards, aiming to reduce customs delays.
Date: 2023-09-10