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Global Tariffs, Categorized

🇺🇸 United States
🇸🇹 Sao Tome and Principe
📦 Of man-made fibers (647)
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United States to Sao Tome and Principe Trade Analysis for Of man-made fibers (647)

Detailed tariff information for Of man-made fibers (647) imports

Of man-made fibers (647) Tariff Rate

HS Code:

10%
Effective January 1, 2023

Trade Volume

Value
USD 50,000
Year
2022
Trend
Stable with minor fluctuations over the past 3 years

Special Rates

Preferential Rate
0%
Applicable under the African Growth and Opportunity Act (AGOA) for qualifying goods from the United States, subject to rules of origin and documentation.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
Limited Trade Activity in Man-Made Fibers Between US and Sao Tome and Principe
Recent trade data indicates minimal to no significant transactions of man-made fibers (HS Code 647) between the United States and Sao Tome and Principe, reflecting the small scale of bilateral trade.
October 2023
Impact: Negligible impact on trade due to the historically low volume of trade in this category between the two countries.
US Trade Focus Shifts Away from Small African Economies for Man-Made Fibers
The United States continues to prioritize larger African markets for man-made fiber exports, with Sao Tome and Principe remaining a marginal player in this sector.
August 2023
Impact: No significant change in trade dynamics, as Sao Tome and Principe does not feature prominently in US export strategies for man-made fibers.
Sao Tome and Principe's Import Capacity for Man-Made Fibers Remains Low
Economic reports highlight that Sao Tome and Principe's small market size and limited industrial demand restrict imports of man-made fibers from major exporters like the United States.
June 2023
Impact: Continued low trade volume with the US, with little prospect for growth in this sector without industrial development in Sao Tome and Principe.
Policy Updates
No Specific Tariff Changes for Man-Made Fibers Between US and Sao Tome and Principe
There are no recent updates or specific tariff adjustments targeting man-made fibers (HS Code 647) in bilateral trade agreements or policies between the United States and Sao Tome and Principe.
Date: October 2023