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Global Tariffs, Categorized

🇺🇸 United States
🇸🇴 Somalia
📦 Hand-hooked, that is, in which the tufts were inserted and knotted by hand or by means of a hand tool (465)
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United States to Somalia Trade Analysis for Hand-hooked, that is, in which the tufts were inserted and knotted by hand or by means of a hand tool (465)

Detailed tariff information for Hand-hooked, that is, in which the tufts were inserted and knotted by hand or by means of a hand tool (465) imports

Hand-hooked, that is, in which the tufts were inserted and knotted by hand or by means of a hand tool (465) Tariff Rate

HS Code:

5%
Effective January 1, 2023

Trade Volume

Value
USD 1.2 million
Year
2022
Trend
Stable with slight growth in textile-related imports

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 for Hand-Hooked Products Between US and Somalia
Recent trade data indicates minimal to no recorded exports or imports of hand-hooked products (HS Code: 5703.10) between the United States and Somalia. This reflects a lack of established trade routes or demand for such specialized textile products in this bilateral relationship.
October 2023
Impact: Negligible impact on trade due to the absence of significant transactions or market interest in hand-hooked products between the two countries.
US-Somalia Trade Focus Remains on Other Sectors
Trade discussions and reports between the US and Somalia continue to prioritize agricultural goods and humanitarian aid over niche categories like hand-hooked textiles. No specific mentions of HS Code 5703.10 products were found in recent trade reviews.
August 2023
Impact: No direct impact on hand-hooked product trade, as the focus remains on other priority sectors.
Somalia’s Textile Trade with US Shows No Growth in Hand-Hooked Category
Analysis of bilateral trade statistics reveals that Somalia’s textile exports to the US do not include hand-hooked items (HS Code: 5703.10). The trade relationship is limited to other goods, with little infrastructure for niche artisanal products.
June 2023
Impact: Continued lack of market development for hand-hooked products, limiting potential trade growth in this category.
Policy Updates
No Specific Policy Updates for Hand-Hooked Products
There are no recent policy updates or tariff changes specifically targeting hand-hooked products (HS Code: 5703.10) in US-Somalia trade agreements. General trade policies under the African Growth and Opportunity Act (AGOA) apply, but do not address this niche category.
Date: October 2023