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Fiberglass rubber reinforcing yarn, made from electrically nonconductive continuous fiberglass filaments 9 microns in diameter to 11 microns in diameter and impregnated with resorcinol formaldehyde latex treatment for adhesion to polymeric compounds
United States to Philippines Trade Analysis
for Fiberglass rubber reinforcing yarn, made from electrically nonconductive continuous fiberglass filaments 9 microns in diameter to 11 microns in diameter and impregnated with resorcinol formaldehyde latex treatment for adhesion to polymeric compounds
Detailed tariff information for Fiberglass rubber reinforcing yarn, made from electrically nonconductive continuous fiberglass filaments 9 microns in diameter to 11 microns in diameter and impregnated with resorcinol formaldehyde latex treatment for adhesion to polymeric compounds imports
Fiberglass rubber reinforcing yarn, made from electrically nonconductive continuous fiberglass filaments 9 microns in diameter to 11 microns in diameter and impregnated with resorcinol formaldehyde latex treatment for adhesion to polymeric compounds Tariff Rate
Stable with slight increase of 2% compared to 2021
Special Rates
Preferential Rate under US-Philippines Trade Agreements
0%
Applicable under specific trade agreements or Generalized System of Preferences (GSP) if the product meets rules of origin and documentation requirements.
A new bilateral trade agreement between the US and Philippines has reduced tariffs on fiberglass rubber reinforcing yarn (9-11 microns), leading to a surge in exports from the US to the Philippines.
2023-10-15
Impact: Positive impact on US exporters due to lower tariffs, increasing market access in the Philippines for fiberglass yarn used in polymeric compounds.
Philippines Increases Demand for US Fiberglass Yarn
Growing automotive and industrial sectors in the Philippines have driven a 15% increase in imports of US-made fiberglass rubber reinforcing yarn in the past quarter.
2023-09-22
Impact: Rising demand strengthens trade ties, benefiting US manufacturers of fiberglass yarn with consistent orders from Philippine industries.
Logistical challenges and port delays in the Philippines have temporarily slowed the import of fiberglass rubber reinforcing yarn from the US, causing minor trade disruptions.
2023-08-10
Impact: Negative short-term impact on trade flow, with potential delays in delivery and increased costs for US exporters.
Policy Updates
US-Philippines Tariff Reduction on Industrial Fibers
A new policy under the US-Philippines trade framework reduces tariffs by 5% on fiberglass rubber reinforcing yarn (HS Code: 7019.11.00), aiming to facilitate industrial material trade.
Date: 2023-10-01
Philippines Updates Import Regulations for Fiberglass Products
The Philippine government has introduced stricter quality control measures for imported fiberglass yarn, requiring additional certification for electrically nonconductive filaments to ensure compliance with safety standards.
