Not specifically available for this HS Code and country pair due to limited data granularity; general textile trade between US and Monaco is minimal
Year
2023
Trend
Stable with low volume
Special Rates
Preferential Rate
0%
Applicable under the EU-US Trade Agreements or specific GSP schemes if conditions are met (e.g., rules of origin compliance)
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Limited Trade Activity in Synthetic Staple Fibers Between US and Monaco
Recent trade data indicates minimal to no significant trade of synthetic staple fibers (HS Code: 5503.20) containing 85% or more by weight of such fibers between the United States and Monaco. Monaco's small market size and lack of industrial focus on textiles contribute to this trend.
October 2023
Impact: No notable impact on trade due to negligible trade volume in this category between the two regions.
US Export Restrictions and Monaco's Import Capacity
Analysis of US export data shows that synthetic staple fiber shipments to Monaco remain virtually non-existent, reflecting Monaco's limited demand for such materials and focus on luxury goods over industrial imports.
September 2023
Impact: Trade remains unaffected as Monaco is not a significant market for US synthetic staple fiber exports.
Monaco's Trade Profile Excludes Synthetic Fibers from US
Monaco's trade profile, dominated by high-value goods and services, shows no recent imports of synthetic staple fibers from the US, aligning with its economic structure and minimal manufacturing base.
August 2023
Impact: No direct impact on trade relations, as this product category is not a priority in US-Monaco trade.
Policy Updates
No Specific Tariff Changes for Synthetic Staple Fibers
There are no recent policy updates or tariff changes specifically targeting synthetic staple fibers (HS Code: 5503.20) in trade agreements or regulations between the United States and Monaco. Standard WTO rules apply.
