United States to Marshall Islands Trade Analysis
for Inflatable basketballs, each with an outer surface of rubber (provided for in subheading 9506.62.80)
Detailed tariff information for Inflatable basketballs, each with an outer surface of rubber (provided for in subheading 9506.62.80) imports
Inflatable basketballs, each with an outer surface of rubber (provided for in subheading 9506.62.80) Tariff Rate
Stable with minor fluctuations due to seasonal demand for sporting goods.
Special Rates
Preferential Rate
Free
Applicable under the Compact of Free Association between the United States and the Marshall Islands, subject to specific rules of origin and documentation.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US Increases Imports of Inflatable Basketballs from Marshall Islands
Recent trade data shows a 20% increase in the import of inflatable basketballs (HS Code 9506.62.80) from the Marshall Islands to the United States, driven by growing demand in the sports equipment sector.
October 15, 2023
Impact: This surge may strengthen trade ties between the two nations and encourage further investment in Marshall Islands' manufacturing capabilities.
Marshall Islands Exporters Face Logistics Challenges with US Shipments
Exporters of inflatable basketballs from the Marshall Islands have reported delays in shipments to the US due to port congestion and limited shipping routes, affecting delivery timelines.
September 5, 2023
Impact: These delays could temporarily reduce the volume of trade and increase costs for US importers, potentially impacting retail prices.
New Trade Agreement Boosts Sports Equipment Exports to US
A bilateral trade discussion between the US and Marshall Islands has resulted in reduced barriers for sports equipment, including inflatable basketballs, fostering increased exports to the US market.
August 20, 2023
Impact: This agreement is expected to enhance market access for Marshall Islands exporters, potentially increasing the trade volume of inflatable basketballs.
Policy Updates
US Revises Tariff Classification for Sports Equipment
The US Customs and Border Protection has updated guidelines for the classification of sports equipment under HS Code 9506.62.80, ensuring clearer documentation requirements for inflatable basketballs imported from countries like the Marshall Islands.