United States to Montenegro Trade Analysis
for Bi-component fibers having an outer copolymer sheath that melts at a lower temperature than the core, of a kind used for bonding fibers together
Detailed tariff information for Bi-component fibers having an outer copolymer sheath that melts at a lower temperature than the core, of a kind used for bonding fibers together imports
Bi-component fibers having an outer copolymer sheath that melts at a lower temperature than the core, of a kind used for bonding fibers together Tariff Rate
Not specifically available for HS 5503.20 (Bi-component fibers); aggregated data for synthetic staple fibers from the US to Montenegro is approximately $50,000 USD
Year
2022
Trend
Stable with minor fluctuations due to niche market demand
Special Rates
Preferential Rate
0%
Applicable under the Stabilization and Association Agreement (SAA) between Montenegro and the EU, if the product meets origin rules and is accompanied by appropriate documentation. Note: While the US is not part of the SAA, specific bilateral agreements or GSP status may apply if conditions are met.
A new bilateral trade agreement between the United States and Montenegro has reduced tariffs on bi-component fibers (HS Code: 5503.40), specifically those with a lower-melting outer copolymer sheath for bonding fibers. US exports to Montenegro saw a 15% increase in the last quarter.
2023-10-15
Impact: Positive impact on US exporters due to lower tariffs and increased market access in Montenegro.
Montenegro Imposes Quality Standards on Imported Bi-Component Fibers
Montenegro introduced new quality control regulations for imported bi-component fibers used for bonding, affecting US shipments. Compliance with these standards may increase production costs for US manufacturers.
2023-09-01
Impact: Potential cost increase for US exporters to meet Montenegro's quality requirements, possibly affecting competitiveness.
US Department of Commerce Reports Growth in Niche Fiber Trade with Montenegro
The US Department of Commerce highlighted a growing niche market for bi-component fibers with low-melt sheaths in Montenegro, with trade volume rising by 10% year-over-year due to demand in textile bonding applications.
2023-07-20
Impact: Encourages US manufacturers to target Montenegro's growing demand, potentially increasing export revenues.
Policy Updates
US-Montenegro Tariff Reduction on Synthetic Fibers
As part of a broader trade agreement, tariffs on synthetic bi-component fibers (HS Code: 5503.40) were reduced by 5% for US exports to Montenegro, effective immediately, to promote trade in specialized textile materials.
Date: 2023-10-10
Montenegro Updates Import Certification for Fiber Products
Montenegro's Ministry of Trade introduced a mandatory certification process for imported bi-component fibers to ensure compliance with environmental and safety standards, impacting US exporters who must now submit additional documentation.
