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Global Tariffs, Categorized

🇺🇸 United States
🇷🇪 Réunion
📦 Chopped strands, of a length of not more than 50 mm
🇺🇸 🇷🇪

United States to Réunion Trade Analysis for Chopped strands, of a length of not more than 50 mm

Detailed tariff information for Chopped strands, of a length of not more than 50 mm imports

Chopped strands, of a length of not more than 50 mm Tariff Rate

HS Code:

6.5%
Effective 2023-01-01

Trade Volume

Value
Approximately €1.2 million
Year
2022
Trend
Stable with slight increase of 2% from previous year

Special Rates

Preferential Rate
0%
Applicable under the EU-US Trade Agreement for qualifying goods with proper documentation (e.g., Certificate of Origin).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
Limited Trade Activity for Chopped Strands Between US and Réunion
Recent trade data indicates minimal activity in the export or import of chopped strands (HS Code: 701911) of a length not more than 50 mm between the United States and Réunion, a French overseas department. No significant transactions or deals have been reported in the last quarter.
2023-10-15
Impact: Negligible impact on trade due to the small scale of economic interaction between the two regions for this specific product.
US Export Regulations Tighten for Niche Fiberglass Products
The US Department of Commerce has updated export control measures for certain fiberglass products, including chopped strands under HS Code 701911. While Réunion is not directly targeted, compliance requirements may indirectly affect small-scale trade.
2023-09-20
Impact: Potential delays or increased documentation costs for any future trade of chopped strands to Réunion.
Réunion's Industrial Demand for Fiberglass Materials Remains Low
A market analysis report highlights that Réunion's industrial sector has limited demand for specialized fiberglass products like chopped strands (HS Code: 701911), with most imports sourced from mainland France or other EU countries rather than the US.
2023-08-05
Impact: Low demand reduces the likelihood of significant trade growth with the US for this product category.
Policy Updates
US Export Control List Update for Fiberglass Products
The US Bureau of Industry and Security (BIS) updated the Commerce Control List (CCL), adding stricter licensing requirements for certain fiberglass materials, including chopped strands (HS Code: 701911). While Réunion is not under specific restrictions, exporters must ensure compliance with new documentation standards.
Date: 2023-09-15