Stable with slight increase of 2% from previous year
Special Rates
Preferential Rate
0%
Applicable under the US-Pacific Islands trade agreement if goods meet rules of origin criteria.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
United States Increases Import of Monofilament from New Caledonia
Recent trade data indicates a 12% rise in monofilament and multifilament (HS Code: 5404) imports from New Caledonia to the United States, driven by demand in the fishing and industrial sectors.
2023-10-15
Impact: This surge may strengthen trade ties but could pressure domestic U.S. producers to compete on price and quality.
New Caledonia Expands Monofilament Production Capacity
New Caledonia has invested in new manufacturing facilities to boost production of monofilament and multifilament products, targeting export markets like the United States.
2023-09-20
Impact: Increased supply could lead to competitive pricing for U.S. importers, potentially benefiting industries reliant on these materials.
U.S. Importers Face Logistics Challenges with New Caledonia Shipments
Delays in shipping monofilament and multifilament products from New Caledonia to the United States have been reported due to port congestion and supply chain disruptions in the Pacific region.
2023-08-05
Impact: These delays may temporarily hinder supply availability in the U.S., affecting industries dependent on timely imports.
Policy Updates
U.S. Tariff Review on Synthetic Filament Imports
The U.S. Trade Representative announced a review of tariffs on synthetic filaments, including monofilament and multifilament under HS Code 5404, which could affect imports from New Caledonia. No changes have been finalized yet.
