Stable with slight increase of 2% compared to 2021
Special Rates
Preferential Rate
0%
Applicable under specific trade agreements or for certain temporary import regimes; subject to quota and documentation requirements.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. and Paraguay Discuss Tariff Reductions on Small Dimension Goods
Recent bilateral talks between the U.S. and Paraguay focused on reducing tariffs for goods with minimum dimensions less than 5.1 cm under specific HS codes. Negotiations aim to boost trade in small manufactured items.
2023-10-15
Impact: Potential increase in trade volume for small dimension products if tariffs are lowered, benefiting exporters in both countries.
Paraguay Exports of Small Components to U.S. See Growth
Paraguay reported a 12% increase in exports of small dimension goods (under 5.1 cm) to the U.S. in the last quarter, driven by demand in electronics and machinery sectors.
2023-09-20
Impact: Strengthens Paraguay's position as a key supplier of small components, potentially encouraging further U.S. investment.
U.S. Importers Raise Concerns Over Quality Standards for Small Goods from Paraguay
U.S. importers have flagged inconsistencies in quality control for small dimension goods (HS Code specific) imported from Paraguay, prompting calls for stricter compliance checks.
2023-08-05
Impact: Could lead to temporary delays in imports or additional costs for Paraguayan exporters to meet U.S. standards.
Policy Updates
U.S. Revises Import Guidelines for Small Dimension Goods
The U.S. Customs and Border Protection agency updated documentation requirements for goods with dimensions less than 5.1 cm under specific HS codes, aiming to streamline classification and reduce misdeclaration.
Date: 2023-10-01
Paraguay Announces Export Incentives for Small Manufactured Goods
The Paraguayan government introduced tax rebates for exporters of small dimension goods (under 5.1 cm) to encourage production and competitiveness in international markets like the U.S.
