US-Ireland Trade Agreement Boosts Textile Exports
A recent bilateral trade agreement between the US and Ireland has reduced tariffs on specific textile categories, including fabrics under HS Code 619 (measuring less than 77 cm in width or between selvages, with specific thread counts). This has led to a 15% increase in exports of such fabrics from Ireland to the US in the last quarter.
2023-10-15
Impact: Positive impact on trade with reduced tariffs encouraging higher export volumes from Ireland to the US, potentially increasing market access for Irish textile manufacturers.
US Imposes Quality Standards on Textile Imports from Ireland
The US Department of Commerce introduced stricter quality control measures for imported textiles under HS Code 619. Irish exporters must now comply with additional certification requirements to ensure thread count and width specifications are met.
2023-09-22
Impact: Potential short-term negative impact as Irish exporters may face increased compliance costs and delays in shipments to the US market.
Ireland Expands Textile Production for US Market
Irish textile manufacturers have ramped up production of fabrics under HS Code 619 to meet growing demand in the US, driven by a surge in orders for specific woven fabrics with thread counts between 69-142 in warp and 31-71 in filling.
2023-08-10
Impact: Positive impact on trade as increased production capacity in Ireland strengthens supply chains to the US, potentially leading to higher trade volumes.
