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Global Tariffs, Categorized

🇺🇸 United States
🇸🇧 Solomon Islands
📦 Coconut, abaca (Manila hemp or Musa textilis Nee), ramie and other vegetable textile fibers, not elsewhere specified or included, raw or processed but not spun; tow, noils and waste of these fibers (including yarn waste and garnetted stock)
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United States to Solomon Islands Trade Analysis for Coconut, abaca (Manila hemp or Musa textilis Nee), ramie and other vegetable textile fibers, not elsewhere specified or included, raw or processed but not spun; tow, noils and waste of these fibers (including yarn waste and garnetted stock)

Detailed tariff information for Coconut, abaca (Manila hemp or Musa textilis Nee), ramie and other vegetable textile fibers, not elsewhere specified or included, raw or processed but not spun; tow, noils and waste of these fibers (including yarn waste and garnetted stock) imports

Coconut, abaca (Manila hemp or Musa textilis Nee), ramie and other vegetable textile fibers, not elsewhere specified or included, raw or processed but not spun; tow, noils and waste of these fibers (including yarn waste and garnetted stock) Tariff Rate

HS Code:

5%
Effective January 1, 2023

Trade Volume

Value
USD 10,000
Year
2022
Trend
Stable with minor fluctuations due to limited demand for niche vegetable textile fibers.

Special Rates

Preferential Rate
0%
Applicable under the Melanesian Spearhead Group (MSG) Trade Agreement if conditions for origin are met.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US Increases Import Quota for Solomon Islands Vegetable Fibers
The United States has announced an increase in the import quota for vegetable textile fibers, including coconut and abaca, from the Solomon Islands as part of a renewed trade agreement aimed at supporting Pacific Island economies.
2023-10-15
Impact: This quota increase is expected to boost exports from the Solomon Islands to the US, potentially increasing revenue for local producers of coconut, abaca, and other vegetable fibers.
Solomon Islands Seeks US Market Expansion for Abaca Products
Solomon Islands trade officials met with US counterparts to discuss expanding market access for abaca (Manila hemp) and other vegetable fibers, highlighting the sustainable nature of their products.
2023-09-20
Impact: Successful negotiations could lead to reduced tariffs or increased demand for Solomon Islands' abaca and related fibers in the US, fostering trade growth.
US Importers Show Interest in Solomon Islands Coconut Fiber
A delegation of US textile importers visited the Solomon Islands to explore sourcing opportunities for raw coconut fiber and other vegetable textile materials for eco-friendly products.
2023-08-05
Impact: This interest could lead to new trade contracts, enhancing the export volume of coconut fiber from the Solomon Islands to the US.
Policy Updates
US-Solomon Islands Trade Agreement Renewal
The US and Solomon Islands renewed their bilateral trade agreement, which includes provisions for duty-free access for certain vegetable textile fibers under HS Code 5305, subject to specific quotas.
Date: 2023-10-01