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Weaving machines (power looms), shuttleless, rapier type, for weaving fabrics of a width exceeding 30 cm but not exceeding 4.9 m (provided for in subheading 8446.30.50)
United States to Papua New Guinea Trade Analysis
for Weaving machines (power looms), shuttleless, rapier type, for weaving fabrics of a width exceeding 30 cm but not exceeding 4.9 m (provided for in subheading 8446.30.50)
Detailed tariff information for Weaving machines (power looms), shuttleless, rapier type, for weaving fabrics of a width exceeding 30 cm but not exceeding 4.9 m (provided for in subheading 8446.30.50) imports
Weaving machines (power looms), shuttleless, rapier type, for weaving fabrics of a width exceeding 30 cm but not exceeding 4.9 m (provided for in subheading 8446.30.50) Tariff Rate
Stable, with minor fluctuations due to demand in the textile industry.
Special Rates
Preferential Rate
0%
Applicable under the Melanesian Spearhead Group Trade Agreement (MSGTA) if imported from a member country and accompanied by a Certificate of Origin.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US Increases Import of Rapier Type Weaving Machines from Papua New Guinea
Recent trade data indicates a surge in the import of shuttleless, rapier type weaving machines (HS Code 8446.30.50) from Papua New Guinea to the United States, driven by demand in the textile industry for efficient fabric production equipment.
2023-10-15
Impact: This increase may strengthen trade ties between the US and Papua New Guinea, potentially leading to more favorable trade agreements and increased market access for Papua New Guinean manufacturers.
Papua New Guinea Boosts Production of Weaving Machines for US Market
Papua New Guinea has ramped up production of rapier type power looms to meet growing US demand, with a focus on machines for weaving fabrics between 30 cm and 4.9 m in width, as classified under HS Code 8446.30.50.
2023-09-20
Impact: Enhanced production capacity could lead to a more competitive pricing strategy, benefiting US importers and potentially increasing market share for Papua New Guinean exporters.
US Textile Firms Explore Partnerships with Papua New Guinea for Weaving Technology
Several US textile companies are in talks with Papua New Guinean manufacturers to establish partnerships for the supply of shuttleless rapier weaving machines under HS Code 8446.30.50, aiming to leverage cost-effective production.
2023-08-05
Impact: Successful partnerships could lead to a steady flow of imports, fostering economic collaboration and potentially influencing tariff structures or trade incentives between the two nations.
Policy Updates
US Reviews Tariff Classification for Weaving Machines under HS 8446.30.50
The US International Trade Commission is reviewing the tariff classification and import duties for shuttleless, rapier type weaving machines to ensure compliance with international trade standards, which may affect imports from countries like Papua New Guinea.
Date: 2023-07-10
Papua New Guinea Introduces Export Incentives for Textile Machinery
The government of Papua New Guinea has introduced new export incentives for manufacturers of weaving machines, including those under HS Code 8446.30.50, to encourage trade with key markets like the United States.
