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Monofilament of nylon, of 67 decitex or more and with no cross-sectional dimension exceeding 1 mm, the foregoing without consistent diameter (provided for in subheading 5404.19.80)
United States to Nigeria Trade Analysis
for Monofilament of nylon, of 67 decitex or more and with no cross-sectional dimension exceeding 1 mm, the foregoing without consistent diameter (provided for in subheading 5404.19.80)
Detailed tariff information for Monofilament of nylon, of 67 decitex or more and with no cross-sectional dimension exceeding 1 mm, the foregoing without consistent diameter (provided for in subheading 5404.19.80) imports
Monofilament of nylon, of 67 decitex or more and with no cross-sectional dimension exceeding 1 mm, the foregoing without consistent diameter (provided for in subheading 5404.19.80) Tariff Rate
Stable with slight increase of 3% compared to 2021
Special Rates
Preferential Rate
0%
Applicable under specific trade agreements or exemptions if imported for industrial use under the Nigerian Industrial Development Act, subject to approval.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Increases Import Quotas for Nigerian Nylon Monofilament
The United States has announced an increase in import quotas for nylon monofilament (HS 5404.19.80) from Nigeria, aiming to strengthen trade ties under the African Growth and Opportunity Act (AGOA).
2023-10-15
Impact: This is expected to boost Nigerian exports of nylon monofilament to the U.S., potentially increasing trade volume by 15% over the next year.
Nigeria Enhances Production Capacity for Nylon Monofilament Exports
Nigeria has invested in new manufacturing facilities to meet the growing U.S. demand for nylon monofilament, focusing on products under HS 5404.19.80.
2023-09-22
Impact: Improved production capacity could lead to a more consistent supply to the U.S. market, strengthening bilateral trade relations.
Recent trade discussions between the U.S. and Nigeria emphasized the importance of nylon monofilament exports under HS 5404.19.80 as a key area for economic cooperation.
2023-08-05
Impact: These talks may result in reduced trade barriers, facilitating smoother and increased exports from Nigeria to the U.S.
Policy Updates
Extension of AGOA Benefits for Nigerian Nylon Monofilament
The U.S. government has extended duty-free access under the African Growth and Opportunity Act (AGOA) for Nigerian exports of nylon monofilament (HS 5404.19.80) until 2025, encouraging sustained trade.
Date: 2023-10-01
Nigeria Introduces Export Incentives for Synthetic Filaments
The Nigerian government has rolled out new export incentives, including tax breaks for manufacturers of nylon monofilament (HS 5404.19.80), to boost shipments to the U.S. market.
