Stable with slight increase of 2% from previous year
Special Rates
Preferential Rate
0%
Applicable under the EU-US Trade and Technology Council agreements or specific quota limits; requires documentation proving US origin.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S.-Spain Trade Agreement Boosts Knit to Shape Articles Exports
A new bilateral trade agreement between the United States and Spain has reduced tariffs on knit to shape articles (HS Code 639), leading to a 15% increase in exports from Spain to the U.S. in the last quarter.
2023-10-15
Impact: Positive impact on trade with increased market access for Spanish exporters and lower costs for U.S. importers.
Supply Chain Disruptions Affect Knit to Shape Articles Trade
Recent disruptions in global shipping have delayed shipments of knit to shape articles from Spain to the U.S., causing a temporary 10% drop in trade volume under HS Code 639.
2023-09-20
Impact: Negative short-term impact on trade due to delays and increased shipping costs.
U.S. Retailers Increase Orders for Spanish Knitwear
Major U.S. retailers have ramped up orders for knit to shape articles from Spain, citing high quality and competitive pricing, boosting trade under HS Code 639 by 8% year-over-year.
2023-08-05
Impact: Positive impact on trade, strengthening economic ties and benefiting Spanish manufacturers.
Policy Updates
U.S. Tariff Reduction on HS Code 639 Products
The U.S. Trade Representative announced a reduction in tariffs on knit to shape articles under HS Code 639 from Spain, dropping from 5% to 2% as part of a broader trade facilitation agreement.
Date: 2023-10-01
Spain Implements New Export Certification for Knitwear
Spain introduced a mandatory certification process for knit to shape articles to ensure compliance with international quality standards, potentially increasing export processing times to the U.S.
