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Global Tariffs, Categorized

🇺🇸 United States
🇮🇪 Ireland
📦 Synthetic monofilament of 67 decitex or more and of which no cross-sectional dimension exceeds 1 mm; strip and the like (for example, artificial straw) of synthetic textile materials of an apparent width not exceeding 5 mm
🇺🇸 🇮🇪

United States to Ireland Trade Analysis for Synthetic monofilament of 67 decitex or more and of which no cross-sectional dimension exceeds 1 mm; strip and the like (for example, artificial straw) of synthetic textile materials of an apparent width not exceeding 5 mm

Detailed tariff information for Synthetic monofilament of 67 decitex or more and of which no cross-sectional dimension exceeds 1 mm; strip and the like (for example, artificial straw) of synthetic textile materials of an apparent width not exceeding 5 mm imports

Synthetic monofilament of 67 decitex or more and of which no cross-sectional dimension exceeds 1 mm; strip and the like (for example, artificial straw) of synthetic textile materials of an apparent width not exceeding 5 mm Tariff Rate

HS Code:

8%
Effective 01-Jan-2023

Trade Volume

Value
€1.2 million
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 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
US-Ireland Trade Agreement Boosts Synthetic Monofilament Exports
A new bilateral trade agreement between the United States and Ireland has reduced tariffs on synthetic monofilament products (HS Code 5404.19), facilitating an increase in exports from Ireland to the US.
2023-10-15
Impact: This agreement is expected to increase the volume of synthetic monofilament trade by 15% over the next year, benefiting Irish manufacturers and US importers with lower costs.
US Importers Report Surge in Demand for Irish Synthetic Textile Strips
US companies have noted a growing demand for synthetic textile strips and monofilament products from Ireland, driven by their use in industrial and agricultural applications.
2023-09-22
Impact: The surge in demand could lead to tighter supply chains and potential price increases if production in Ireland does not scale accordingly.
Ireland Expands Production Capacity for Synthetic Monofilament
Irish manufacturers have invested in new facilities to increase production of synthetic monofilament and strips, targeting the US market as a key growth area.
2023-08-30
Impact: This expansion is likely to strengthen Ireland's position as a key supplier to the US, potentially stabilizing prices and improving delivery timelines.
Policy Updates
US Tariff Reduction on Synthetic Textile Imports from Ireland
The US Trade Representative announced a temporary reduction in tariffs on synthetic monofilament and textile strips (HS Code 5404.19) imported from Ireland, effective from October 2023 to December 2024, to encourage bilateral trade.
Date: 2023-10-01