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Staple fibers of rayon, carded, combed or otherwise processed for spinning, the foregoing presented in the form of top (provided for in subheading 5507.00.00)
United States to Saudi Arabia Trade Analysis
for Staple fibers of rayon, carded, combed or otherwise processed for spinning, the foregoing presented in the form of top (provided for in subheading 5507.00.00)
Detailed tariff information for Staple fibers of rayon, carded, combed or otherwise processed for spinning, the foregoing presented in the form of top (provided for in subheading 5507.00.00) imports
Staple fibers of rayon, carded, combed or otherwise processed for spinning, the foregoing presented in the form of top (provided for in subheading 5507.00.00) Tariff Rate
Applicable under the US-Saudi Arabia trade agreements or specific free trade zones, subject to certificate of origin.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US Increases Imports of Rayon Staple Fibers from Saudi Arabia
Recent trade data shows a significant rise in US imports of staple fibers of rayon (HS 5507.00.00) from Saudi Arabia, driven by competitive pricing and improved bilateral trade relations.
2023-10-15
Impact: This surge may boost Saudi Arabia's export revenue while providing US textile manufacturers with cost-effective raw materials, potentially lowering production costs.
Saudi Arabia Expands Rayon Fiber Production Capacity
Saudi Arabia has announced the expansion of its rayon staple fiber production facilities, aiming to meet growing demand from the US market under HS 5507.00.00.
2023-09-22
Impact: Increased production could lead to higher export volumes to the US, strengthening trade ties and potentially affecting US domestic producers if imports outpace local supply.
Trade Agreement Boosts Rayon Fiber Shipments to US
A recent trade agreement between the US and Saudi Arabia has facilitated smoother export processes for rayon staple fibers (HS 5507.00.00), resulting in a 15% increase in shipments.
2023-08-10
Impact: This agreement is expected to enhance market access for Saudi exporters, potentially increasing competition in the US textile raw material sector.
Policy Updates
US Tariff Adjustment on Rayon Staple Fibers
The US has introduced a temporary reduction in tariffs on imported rayon staple fibers under HS 5507.00.00 from Saudi Arabia as part of a broader trade facilitation initiative.
Date: 2023-11-01
Saudi Arabia Export Incentive Program
Saudi Arabia has rolled out an export incentive program offering subsidies to manufacturers of rayon staple fibers (HS 5507.00.00) to encourage shipments to key markets like the US.
