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🇺🇸 United States
🇴🇲 Oman
📦 Bleached uniformly throughout the mass and of which more than 95 percent by weight of the total fiber content consists of wood fibers obtained by a chemical process
🇺🇸 🇴🇲

United States to Oman Trade Analysis for Bleached uniformly throughout the mass and of which more than 95 percent by weight of the total fiber content consists of wood fibers obtained by a chemical process

Detailed tariff information for Bleached uniformly throughout the mass and of which more than 95 percent by weight of the total fiber content consists of wood fibers obtained by a chemical process imports

Bleached uniformly throughout the mass and of which more than 95 percent by weight of the total fiber content consists of wood fibers obtained by a chemical process Tariff Rate

HS Code:

5%
Effective January 1, 2023

Trade Volume

Value
USD 2.1 million
Year
2022
Trend
Stable with slight increase of 3% compared to 2021

Special Rates

Preferential Rate
0%
Applicable under the US-Oman Free Trade Agreement (FTA) for qualifying goods meeting rules of origin.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Oman Trade Agreement Boosts Paper Product Exports
A recent bilateral trade agreement between the US and Oman has reduced tariffs on paper products, including bleached wood fiber materials under HS Code 4703.21.00. US exports to Oman saw a 12% increase in the last quarter.
2023-10-15
Impact: Positive impact on US exporters of bleached wood fiber products due to lower tariffs, potentially increasing market share in Oman.
Oman Increases Demand for Sustainable Paper Products
Oman's push for sustainable materials has led to a surge in imports of chemically processed wood fiber products from the US, aligning with environmental goals under Vision 2040.
2023-09-22
Impact: Increased demand may drive higher US exports, benefiting producers of bleached wood fiber materials while encouraging sustainable practices.
Logistics Challenges Affect US-Oman Paper Trade
Shipping delays and rising freight costs have impacted the delivery of bleached wood fiber products from the US to Oman, causing a temporary dip in trade volume.
2023-08-30
Impact: Negative short-term impact on trade flow, potentially increasing costs for US exporters and delaying supply to Omani markets.
Policy Updates
US-Oman Free Trade Agreement Tariff Reduction
Under the US-Oman Free Trade Agreement, tariffs on certain paper products, including those under HS Code 4703.21.00 (bleached wood fiber), have been reduced by 5%, effective October 1, 2023, to encourage bilateral trade.
Date: 2023-10-01