Applicable only to specific goods under bilateral trade agreements with proper certification of origin.
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Last updated: 1 year ago
News and Updates
Recent News
U.S. Increases Imports of Narrow Fabrics from Paraguay Under HS Code
Recent trade data shows a 20% increase in U.S. imports of fabrics with a width not exceeding 12 cm (HS Code) from Paraguay, driven by demand in the textile industry.
2023-10-15
Impact: This surge strengthens bilateral trade ties and may encourage further investment in Paraguay's textile sector.
Paraguay Exporters Benefit from U.S. Tariff Reductions on HS Code Products
A temporary tariff reduction by the U.S. on certain HS Code products, including narrow fabrics, has boosted exports from Paraguay by 15% in the last quarter.
2023-09-05
Impact: The reduction lowers costs for U.S. importers, potentially increasing demand for Paraguayan goods in this category.
During recent trade discussions, both nations emphasized the growing export of narrow fabrics (HS Code) from Paraguay to the U.S., with plans to streamline customs processes.
2023-08-20
Impact: Simplified customs could reduce delays and costs, further boosting trade volumes in this sector.
Policy Updates
U.S. Extends Tariff Relief for Paraguayan HS Code Imports
The U.S. government has extended a temporary tariff relief program for certain HS Code products, including fabrics not exceeding 12 cm in width, from Paraguay until mid-2024 to support trade partnerships.
