A recent bilateral trade agreement between the US and Jordan has reduced tariffs on artificial fur and articles thereof (HS Code: 4304), leading to a 12% increase in US exports to Jordan in the last quarter.
2023-10-15
Impact: Positive impact with increased export volume and strengthened trade ties.
Jordanian Demand for Artificial Fur Products Rises
Jordanian apparel manufacturers have increased imports of artificial fur products from the US to meet growing domestic and regional demand for sustainable fashion alternatives.
2023-09-20
Impact: Positive impact on US exporters due to rising demand in Jordan.
Supply chain disruptions in the Red Sea region have temporarily delayed shipments of artificial fur articles from the US to Jordan, causing a backlog at key ports.
2023-08-05
Impact: Negative short-term impact with delayed deliveries and potential cost increases.
Policy Updates
US-Jordan Free Trade Agreement Amendment
An amendment to the US-Jordan Free Trade Agreement now includes specific provisions to lower tariffs on artificial fur and related articles (HS Code: 4304), facilitating smoother trade flows.
Date: 2023-10-01
Jordan Updates Import Regulations for Synthetic Textiles
Jordan has introduced new quality control standards for imported artificial fur products to ensure compliance with environmental and safety regulations, affecting US exporters.
