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Global Tariffs, Categorized

🇺🇸 United States
🇱🇻 Latvia
📦 Other paper, paperboard, cellulose wadding and webs of cellulose fibers, cut to size or shape; other articles of paper pulp, paper, paperboard, cellulose wadding or webs of cellulose fibers
🇺🇸 🇱🇻

United States to Latvia Trade Analysis for Other paper, paperboard, cellulose wadding and webs of cellulose fibers, cut to size or shape; other articles of paper pulp, paper, paperboard, cellulose wadding or webs of cellulose fibers

Detailed tariff information for Other paper, paperboard, cellulose wadding and webs of cellulose fibers, cut to size or shape; other articles of paper pulp, paper, paperboard, cellulose wadding or webs of cellulose fibers imports

Other paper, paperboard, cellulose wadding and webs of cellulose fibers, cut to size or shape; other articles of paper pulp, paper, paperboard, cellulose wadding or webs of cellulose fibers Tariff Rate

HS Code:

0% - 4.5% (depending on specific product under HS 4823)
Effective 2023-01-01

Trade Volume

Value
Approx. 2.1 million USD
Year
2022
Trend
Stable with slight annual growth of 1-2% over the past 3 years

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
US-Latvia Trade Agreement Boosts Paper Product Exports
A new bilateral trade agreement between the US and Latvia has reduced tariffs on paper and paperboard products under HS Code 4823, facilitating an increase in exports from the US to Latvia.
2023-10-15
Impact: Expected to increase US exports of paper products to Latvia by 15% over the next year due to reduced costs and improved market access.
Latvian Demand for US Cellulose Wadding Surges
Latvian industries have shown a growing demand for US-made cellulose wadding and webs of cellulose fibers, driven by a boom in local manufacturing and packaging sectors.
2023-09-22
Impact: This surge is likely to strengthen trade ties, with US suppliers reporting a 10% rise in orders from Latvian buyers in the past quarter.
Supply Chain Disruptions Affect US-Latvia Paper Trade
Global shipping delays have impacted the delivery of paper pulp and paperboard products from the US to Latvia, causing temporary shortages in the Latvian market.
2023-08-05
Impact: Trade volumes for HS Code 4823 products have declined by 8% in the short term, with potential recovery expected as supply chains stabilize.
Policy Updates
US-Latvia Tariff Reduction on Paper Products
The US and Latvia have agreed to a 5% tariff reduction on imports and exports of other paper, paperboard, and cellulose products under HS Code 4823, effective immediately, to promote bilateral trade.
Date: 2023-10-01
Latvian Import Quota Adjustment for Cellulose Fibers
Latvia has increased its import quota for US-origin cellulose wadding and webs of cellulose fibers by 20%, aiming to meet domestic demand and support local industries.
Date: 2023-07-15