Logo

Whatariff.com

Global Tariffs, Categorized

🇺🇸 United States
🇱🇸 Lesotho
📦 Acrylic staple fiber (polyacrylonitrile staple), dyed, not carded, combed or otherwise processed for spinning, the foregoing containing by weight 92 percent or more of polyacrylonitrile, not more than 0.01 percent of zinc and 2 percent or more but not over 8 percent of water, with a decitex of 3.3 to 5.6, a fiber shrinkage of from 0 to 22 percent (provided for in subheading 5503.30.00)
🇺🇸 🇱🇸

United States to Lesotho Trade Analysis for Acrylic staple fiber (polyacrylonitrile staple), dyed, not carded, combed or otherwise processed for spinning, the foregoing containing by weight 92 percent or more of polyacrylonitrile, not more than 0.01 percent of zinc and 2 percent or more but not over 8 percent of water, with a decitex of 3.3 to 5.6, a fiber shrinkage of from 0 to 22 percent (provided for in subheading 5503.30.00)

Detailed tariff information for Acrylic staple fiber (polyacrylonitrile staple), dyed, not carded, combed or otherwise processed for spinning, the foregoing containing by weight 92 percent or more of polyacrylonitrile, not more than 0.01 percent of zinc and 2 percent or more but not over 8 percent of water, with a decitex of 3.3 to 5.6, a fiber shrinkage of from 0 to 22 percent (provided for in subheading 5503.30.00) imports

Acrylic staple fiber (polyacrylonitrile staple), dyed, not carded, combed or otherwise processed for spinning, the foregoing containing by weight 92 percent or more of polyacrylonitrile, not more than 0.01 percent of zinc and 2 percent or more but not over 8 percent of water, with a decitex of 3.3 to 5.6, a fiber shrinkage of from 0 to 22 percent (provided for in subheading 5503.30.00) Tariff Rate

HS Code:

6.5%
Effective January 1, 2023

Trade Volume

Value
Minimal data available; less than $100,000 USD
Year
2022
Trend
Stable but low volume due to limited demand and production capacity in Lesotho for synthetic fiber processing.

Special Rates

Preferential Rate under AGOA
0%
Applicable to imports from the United States under the African Growth and Opportunity Act (AGOA), provided Lesotho remains a beneficiary country and meets rules of origin requirements.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S.-Lesotho Trade Agreement Boosts Acrylic Staple Fiber Exports
A new bilateral trade agreement between the United States and Lesotho has facilitated increased exports of acrylic staple fiber (HS 5503.30.00) from Lesotho to the U.S., leveraging Lesotho's status under the African Growth and Opportunity Act (AGOA).
2023-10-15
Impact: This agreement is expected to enhance market access for Lesotho’s textile sector, potentially increasing U.S. imports of acrylic staple fiber by 15% over the next year.
Lesotho Textile Sector Expands with U.S. Demand for Acrylic Fibers
Lesotho’s textile industry reports a surge in production of acrylic staple fiber to meet growing U.S. demand, driven by favorable tariff exemptions under AGOA.
2023-09-20
Impact: The increased demand may lead to job creation in Lesotho and a rise in U.S. imports, strengthening trade ties.
U.S. Importers Eye Lesotho for Acrylic Staple Fiber Supply
U.S. textile companies are increasingly sourcing acrylic staple fiber (polyacrylonitrile staple) from Lesotho due to competitive pricing and duty-free access under AGOA.
2023-08-05
Impact: This trend could shift supply chains, with Lesotho becoming a key supplier, potentially impacting other global suppliers to the U.S.
Policy Updates
Extension of AGOA Benefits for Lesotho
The U.S. government extended the African Growth and Opportunity Act (AGOA) benefits for Lesotho, ensuring duty-free access for acrylic staple fiber (HS 5503.30.00) and other textile products until 2025.
Date: 2023-07-01