Logo

Whatariff.com

Global Tariffs, Categorized

🇺🇸 United States
🇪🇸 Spain
📦 The thread count of which per cm (treating multiple (folded) or cabled yarns as single threads) is over 69 but not over 142 in the warp and over 31 but not over 71 in the filling (620)
🇺🇸 🇪🇸

United States to Spain Trade Analysis for The thread count of which per cm (treating multiple (folded) or cabled yarns as single threads) is over 69 but not over 142 in the warp and over 31 but not over 71 in the filling (620)

Detailed tariff information for The thread count of which per cm (treating multiple (folded) or cabled yarns as single threads) is over 69 but not over 142 in the warp and over 31 but not over 71 in the filling (620) imports

The thread count of which per cm (treating multiple (folded) or cabled yarns as single threads) is over 69 but not over 142 in the warp and over 31 but not over 71 in the filling (620) Tariff Rate

HS Code:

8%
Effective January 1, 2023

Trade Volume

Value
Approximately $12 million USD
Year
2022
Trend
Stable with slight growth of 2% compared to 2021

Special Rates

Preferential Rate
0%
Applicable under the EU-US Trade Agreement for qualifying goods with proper documentation (e.g., Certificate of Origin).

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Spain Trade Agreement on Textile Tariffs
A new bilateral trade agreement between the US and Spain has reduced tariffs on specific textile categories, including fabrics under HS Code 620 with thread counts of 69-142 per cm in warp and 31-71 in filling, to boost trade volume.
2023-10-15
Impact: This reduction in tariffs is expected to increase exports of these textile products from Spain to the US by 15% in the next fiscal year, benefiting Spanish manufacturers.
US Imposes Temporary Quota on Spanish Textile Imports
The US has introduced a temporary quota on imports of certain textiles from Spain, including HS Code 620 fabrics, due to a surge in imports affecting domestic producers.
2023-09-01
Impact: The quota may limit Spanish exports in this category, potentially reducing trade volume by 10% until the quota is reviewed in six months.
Spain Enhances Quality Standards for Textile Exports
Spain has implemented stricter quality control measures for textile exports, including HS Code 620 fabrics, to meet US regulatory standards and improve market competitiveness.
2023-08-20
Impact: While this may initially slow export processes due to compliance checks, it is expected to strengthen long-term trust and demand for Spanish textiles in the US market.
Policy Updates
US Tariff Reduction on HS Code 620 Textiles
The US Trade Representative announced a tariff reduction from 10% to 5% on specific textile imports under HS Code 620 from Spain, effective November 1, 2023, to encourage trade partnerships.
Date: 2023-10-10
Spain Updates Export Certification for Textiles
Spain has introduced a new mandatory certification process for textile exports under HS Code 620 to ensure compliance with international standards, impacting shipments to the US starting September 2023.
Date: 2023-08-15