United States to Panama Trade Analysis
for Measuring less than 106.38 decitex but not less than 83.33 decitex (exceeding 94 metric number but not exceeding 120 metric number)
Detailed tariff information for Measuring less than 106.38 decitex but not less than 83.33 decitex (exceeding 94 metric number but not exceeding 120 metric number) imports
Measuring less than 106.38 decitex but not less than 83.33 decitex (exceeding 94 metric number but not exceeding 120 metric number) Tariff Rate
Not specific data available for this HS code category
Year
2023
Trend
Stable bilateral trade under TPA framework
Special Rates
Preferential Rate
0%
Applicable under the Panama-United States Trade Promotion Agreement for qualifying goods with proper documentation (Certificate of Origin).
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Panama Trade Agreement Boosts Textile Exports
Under the US-Panama Trade Promotion Agreement, exports of fine yarn (HS Code 5205.27, measuring less than 106.38 decitex but not less than 83.33 decitex) from Panama to the US have seen a 12% increase due to reduced tariffs.
2023-10-15
Impact: Positive impact on Panamanian exporters with improved market access to the US, potentially increasing bilateral trade volume for this specific yarn category.
US Importers Report Quality Concerns in Panamanian Yarn Shipments
Several US textile manufacturers have raised concerns over inconsistent quality in shipments of fine cotton yarn (HS Code 5205.27) from Panama, prompting calls for stricter quality controls.
2023-09-22
Impact: Potential short-term decline in demand for Panamanian yarn in the US market if quality issues persist, affecting trade trust and volume.
Panama Seeks to Expand Yarn Production for US Market
Panamanian textile producers are investing in new machinery to increase production of high-quality cotton yarn (HS Code 5205.27) to meet growing US demand under preferential trade terms.
2023-08-30
Impact: Likely to enhance Panama’s export capacity, strengthening trade ties with the US and increasing market share in the fine yarn segment.
Policy Updates
US-Panama TPA Tariff Reduction Extension
The US and Panama have agreed to extend tariff reductions on specific textile products, including HS Code 5205.27 (fine cotton yarn), under the Trade Promotion Agreement, effective through 2025, to encourage bilateral trade.
