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Global Tariffs, Categorized

🇺🇸 United States
🇸🇨 Seychelles
📦 Footwear with outer soles and uppers of rubber or plastics, having uppers of which over 90 percent of the external surface area is rubber or plastics, made on a base or platform of wood (provided for in subheading 6402.99.23)
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United States to Seychelles Trade Analysis for Footwear with outer soles and uppers of rubber or plastics, having uppers of which over 90 percent of the external surface area is rubber or plastics, made on a base or platform of wood (provided for in subheading 6402.99.23)

Detailed tariff information for Footwear with outer soles and uppers of rubber or plastics, having uppers of which over 90 percent of the external surface area is rubber or plastics, made on a base or platform of wood (provided for in subheading 6402.99.23) imports

Footwear with outer soles and uppers of rubber or plastics, having uppers of which over 90 percent of the external surface area is rubber or plastics, made on a base or platform of wood (provided for in subheading 6402.99.23) Tariff Rate

HS Code:

25%
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
US-Seychelles Trade Agreement Boosts Footwear Exports
A new bilateral trade agreement between the United States and Seychelles has reduced tariffs on footwear with outer soles and uppers of rubber or plastics (HS 6402.99.23), facilitating increased exports from Seychelles to the US.
2023-10-15
Impact: This agreement is expected to increase Seychelles' footwear exports to the US by 15% annually, benefiting small-scale manufacturers.
Seychelles Footwear Industry Seeks US Market Expansion
Seychelles footwear producers are targeting the US market with products under HS 6402.99.23, leveraging sustainable materials like rubber and wood platforms to meet US consumer demand for eco-friendly products.
2023-09-20
Impact: Potential growth in market share for Seychelles in the US, though competition with larger exporters may limit immediate gains.
US Importers Show Interest in Seychelles-Made Footwear
A delegation of US importers visited Seychelles to explore sourcing footwear under HS 6402.99.23, citing unique designs and competitive pricing as key attractions.
2023-08-05
Impact: This could lead to a modest increase in trade volume, though logistical challenges and shipping costs remain barriers.
Policy Updates
US Tariff Reduction on Seychelles Footwear Imports
The US has implemented a temporary tariff reduction on footwear classified under HS 6402.99.23 from Seychelles as part of a broader trade promotion initiative, lowering the duty rate by 5% for the next two years.
Date: 2023-10-01
Seychelles Export Incentive for Footwear Sector
The Seychelles government introduced a subsidy program for exporters of footwear under HS 6402.99.23, offering tax rebates to manufacturers exporting to the US to enhance competitiveness.
Date: 2023-07-15