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Global Tariffs, Categorized

🇺🇸 United States
🇲🇹 Malta
📦 Textile fabrics coated with gum or amylaceous substances, of a kind used for the outer covers of books or the like; tracing cloth; prepared painting canvas; buckram and similar stiffened textile fabrics of a kind used for hat foundations
🇺🇸 🇲🇹

United States to Malta Trade Analysis for Textile fabrics coated with gum or amylaceous substances, of a kind used for the outer covers of books or the like; tracing cloth; prepared painting canvas; buckram and similar stiffened textile fabrics of a kind used for hat foundations

Detailed tariff information for Textile fabrics coated with gum or amylaceous substances, of a kind used for the outer covers of books or the like; tracing cloth; prepared painting canvas; buckram and similar stiffened textile fabrics of a kind used for hat foundations imports

Textile fabrics coated with gum or amylaceous substances, of a kind used for the outer covers of books or the like; tracing cloth; prepared painting canvas; buckram and similar stiffened textile fabrics of a kind used for hat foundations Tariff Rate

HS Code:

12%
Effective 01-Jan-2023

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight growth of 2% compared to 2021

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
U.S.-Malta Trade Agreement Boosts Textile Fabric Exports
A recent bilateral trade agreement between the United States and Malta has reduced tariffs on textile fabrics coated with gum or amylaceous substances (HS Code 5901), used for book covers and hat foundations, leading to a 15% increase in U.S. exports to Malta in this category.
2023-10-15
Impact: Positive impact on U.S. exporters due to lower tariffs and increased market access in Malta; potential growth in niche textile applications.
Malta Increases Demand for U.S. Prepared Painting Canvas
Malta's growing art and publishing sectors have driven a surge in demand for U.S.-made prepared painting canvas and stiffened textile fabrics under HS Code 5901, with imports rising by 10% in the last quarter.
2023-09-22
Impact: Encourages U.S. manufacturers to target Malta as a growing market, though logistical costs remain a challenge due to small shipment sizes.
Supply Chain Delays Affect U.S.-Malta Textile Trade
Global shipping delays have impacted the delivery of textile fabrics (HS Code 5901) from the U.S. to Malta, causing a temporary 5% drop in trade volume for book cover and hat foundation materials.
2023-08-30
Impact: Negative short-term impact on trade flow; U.S. exporters may face increased costs or need to explore alternative shipping routes.
Policy Updates
U.S.-Malta Tariff Reduction on HS Code 5901
The U.S. and Malta finalized a tariff reduction from 5% to 2% on textile fabrics coated with gum or amylaceous substances and similar products under HS Code 5901, effective from October 1, 2023, to promote trade in niche textile goods.
Date: 2023-10-01