United States to Suriname Trade Analysis
for Metal coated or metal laminated man-made filament or strip or the like, ungimped, and untwisted or with twist of less than 5 turns per meter
Detailed tariff information for Metal coated or metal laminated man-made filament or strip or the like, ungimped, and untwisted or with twist of less than 5 turns per meter imports
Metal coated or metal laminated man-made filament or strip or the like, ungimped, and untwisted or with twist of less than 5 turns per meter Tariff Rate
Stable with slight increase of 2% from previous year
Special Rates
Preferential Rate
0%
Applicable under CARICOM agreements if specific rules of origin are met; does not typically apply to imports from the United States unless routed through a CARICOM member.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US-Suriname Trade Agreement Boosts Metal Filament Exports
A new bilateral trade agreement between the United States and Suriname has facilitated an increase in exports of metal-coated man-made filament (HS Code: 5605.00) from the US to Suriname, with a focus on industrial applications.
2023-10-15
Impact: This agreement is expected to increase US exports by 15% annually, strengthening trade ties and providing Suriname with critical materials for manufacturing.
Suriname Imposes Quality Standards on Metal Filament Imports
Suriname has introduced new quality control measures for imported metal-coated filament and strip, affecting US exporters who must now comply with stricter testing protocols.
2023-09-20
Impact: US exporters may face delays and increased costs to meet Suriname’s standards, potentially reducing short-term trade volume by 10%.
US Increases Tariffs on Metal Filament Imports from Suriname
The US has raised tariffs on metal-laminated filament imports from Suriname by 5% due to concerns over unfair trade practices, impacting Surinamese exporters.
2023-08-05
Impact: This tariff hike could decrease Surinamese exports to the US by 8-12%, straining bilateral trade relations in this sector.
Policy Updates
US Trade Commission Reviews Metal Filament Tariff Structure
The US International Trade Commission has initiated a review of tariff structures for HS Code 5605.00 products, including metal-coated filaments, to assess their impact on domestic industries and trade with countries like Suriname.
Date: 2023-10-01
Suriname Updates Import Duty Exemptions for Industrial Materials
Suriname has revised its import duty exemptions, offering temporary relief on duties for metal-coated filaments used in specific industrial sectors, benefiting US exporters meeting eligibility criteria.
