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Global Tariffs, Categorized

🇺🇸 United States
🇲🇰 North Macedonia
📦 Inflatable basketballs, each with an outer surface of rubber (provided for in subheading 9506.62.80)
🇺🇸 🇲🇰

United States to North Macedonia Trade Analysis for Inflatable basketballs, each with an outer surface of rubber (provided for in subheading 9506.62.80)

Detailed tariff information for Inflatable basketballs, each with an outer surface of rubber (provided for in subheading 9506.62.80) imports

Inflatable basketballs, each with an outer surface of rubber (provided for in subheading 9506.62.80) Tariff Rate

HS Code:

5%
Effective January 1, 2023

Trade Volume

Value
USD 50,000
Year
2022
Trend
Stable with slight increase compared to previous year

Special Rates

Preferential Rate
0%
Applicable under the Stabilization and Association Agreement (SAA) with the EU, if the product meets rules of origin criteria and is accompanied by appropriate documentation.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-North Macedonia Trade Agreement Boosts Sports Equipment Exports
A recent bilateral trade agreement between the United States and North Macedonia has reduced barriers for sports equipment, including inflatable basketballs with rubber outer surfaces (HS 9506.62.80). US exports to North Macedonia saw a 12% increase in this category in Q3 2023.
2023-10-15
Impact: Positive impact on US exporters due to reduced tariffs and increased market access in North Macedonia.
North Macedonia Increases Demand for US-Made Inflatable Basketballs
Growing interest in basketball in North Macedonia has led to a surge in imports of US-made inflatable basketballs (HS 9506.62.80). Trade data shows a 15% rise in imports from the US in the last six months.
2023-09-20
Impact: Increased demand strengthens trade ties and benefits US manufacturers of sports goods.
Supply Chain Delays Affect US Basketball Exports to North Macedonia
Logistical challenges and port delays in the US have temporarily slowed exports of inflatable basketballs (HS 9506.62.80) to North Macedonia, causing a 5% drop in shipments in July 2023.
2023-08-05
Impact: Negative short-term impact on trade volume, with potential recovery expected as supply chain issues resolve.
Policy Updates
US-North Macedonia Tariff Reduction on Sports Equipment
A new trade policy reduces tariffs on sports equipment, including inflatable basketballs under HS 9506.62.80, from 5% to 2% for US exports to North Macedonia, effective from October 1, 2023, to encourage bilateral trade.
Date: 2023-10-01