Stable with slight increase of 2% from previous year
Special Rates
Preferential Rate under US-Jordan Free Trade Agreement
0%
Applicable to goods originating from the United States under the US-Jordan Free Trade Agreement (FTA), with proper documentation (Certificate of Origin).
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Jordan Trade Agreement Boosts Watch Imports with Specific Jewel Counts
A recent amendment in the US-Jordan Free Trade Agreement has facilitated an increase in the import of watches with movements containing over 7 but not over 17 jewels (HS Code: 9101.21.00). This aims to strengthen bilateral trade ties.
2023-10-15
Impact: This amendment is expected to lower tariffs, making Jordanian watches more competitive in the US market and potentially increasing export volumes from Jordan.
Jordanian Watchmakers Gain Access to US Market Under New Quota System
The US has introduced a quota system for watches with 7-17 jewels under the HS Code 9101.21.00, allowing Jordanian manufacturers to export a fixed quantity duty-free, enhancing market access.
2023-09-20
Impact: This quota system is likely to encourage Jordanian manufacturers to ramp up production for the US market, though it may limit larger-scale exporters due to the cap.
US Customs Clarifies Classification for Jordanian Watch Imports
US Customs and Border Protection issued a clarification on the classification of watches with movements having over 7 but not over 17 jewels (HS Code: 9101.21.00) from Jordan, reducing entry delays.
2023-08-05
Impact: The clarification is expected to streamline import processes, reducing costs and delays for Jordanian exporters and US importers, thus fostering smoother trade.
Policy Updates
Amendment to US-Jordan Free Trade Agreement on Watch Tariffs
The US and Jordan have agreed to reduce tariffs on watches with movements containing over 7 but not over 17 jewels (HS Code: 9101.21.00), effective immediately, to promote trade under the existing Free Trade Agreement.
Date: 2023-10-10
Introduction of Duty-Free Quota for Jordanian Watches
A new policy under the US-Jordan trade framework introduces a duty-free quota for watches classified under HS Code 9101.21.00, allowing a specified volume of imports without tariffs to support Jordanian exporters.
