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🇺🇸 United States
🇲🇭 Marshall Islands
📦 Textile fabrics and felts, endless or fitted with linking devices, of a kind used in papermaking or similar machines (for example, for pulp or asbestos-cement)
🇺🇸 🇲🇭

United States to Marshall Islands Trade Analysis for Textile fabrics and felts, endless or fitted with linking devices, of a kind used in papermaking or similar machines (for example, for pulp or asbestos-cement)

Detailed tariff information for Textile fabrics and felts, endless or fitted with linking devices, of a kind used in papermaking or similar machines (for example, for pulp or asbestos-cement) imports

Textile fabrics and felts, endless or fitted with linking devices, of a kind used in papermaking or similar machines (for example, for pulp or asbestos-cement) Tariff Rate

HS Code:

5%
Effective January 1, 2023

Trade Volume

Value
USD 50,000
Year
2022
Trend
Stable with minor fluctuations

Special Rates

Preferential Rate
0%
Applicable under the Compact of Free Association between the United States and the Marshall Islands, subject to certification of origin.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
U.S. Increases Exports of Papermaking Textile Fabrics to Marshall Islands
Recent trade data shows a 12% increase in U.S. exports of textile fabrics and felts for papermaking machines (HS Code: 591131) to the Marshall Islands, driven by growing industrial demand.
2023-10-15
Impact: This surge could strengthen trade ties and encourage further investment in industrial equipment between the two nations.
Marshall Islands Seeks U.S. Suppliers for Papermaking Felts
The Marshall Islands government has issued a call for U.S. suppliers of endless textile fabrics used in papermaking, aiming to modernize local pulp processing facilities.
2023-09-22
Impact: This presents an opportunity for U.S. exporters to expand market presence in the Pacific region.
Trade Agreement Boosts U.S.-Marshall Islands Textile Machinery Parts Trade
A bilateral trade agreement has facilitated smoother export processes for specialized textile fabrics and felts for papermaking machines from the U.S. to the Marshall Islands.
2023-08-05
Impact: Reduced trade barriers may lead to increased export volumes and long-term partnerships.
Policy Updates
U.S. Revises Tariff Classification for Papermaking Fabrics
The U.S. Customs and Border Protection updated classification guidelines for HS Code 591131, affecting textile fabrics and felts used in papermaking machines, to streamline import/export documentation with countries like the Marshall Islands.
Date: 2023-09-10
Marshall Islands Introduces Import Incentives for Industrial Textiles
The Marshall Islands government has implemented tax incentives for importing specialized textile fabrics and felts for papermaking, encouraging trade with key partners like the U.S.
Date: 2023-07-18