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Global Tariffs, Categorized
🇺🇸 United States
🇨🇭 Switzerland
📦 Synthetic rubber and factice derived from oils, in primary forms or in plates, sheets or strip; mixtures of any product of heading 4001 with any product of this heading, in primary forms or in plates, sheets or strip
🇺🇸 → 🇨🇭

United States to Switzerland Trade Analysis for Synthetic rubber and factice derived from oils, in primary forms or in plates, sheets or strip; mixtures of any product of heading 4001 with any product of this heading, in primary forms or in plates, sheets or strip

Detailed tariff information for Synthetic rubber and factice derived from oils, in primary forms or in plates, sheets or strip; mixtures of any product of heading 4001 with any product of this heading, in primary forms or in plates, sheets or strip imports

Synthetic rubber and factice derived from oils, in primary forms or in plates, sheets or strip; mixtures of any product of heading 4001 with any product of this heading, in primary forms or in plates, sheets or strip Tariff Rate

HS Code:

0% (Free)
Effective 01-Jan-2023
View general trade relationship between United States and Switzerland

Trade Volume

Value
USD 12.5 million
Year
2022
Trend
Stable with a slight increase of 2% compared to 2021

Special Rates

Preferential Rate
0% (Free)
Applicable under the Free Trade Agreement between Switzerland and the United States, subject to proof of origin.

Additional Information

No additional information available.
Last updated: 1 year ago

News and Updates

Recent News
US-Switzerland Trade Agreement Boosts Synthetic Rubber Exports
A recent bilateral trade agreement between the US and Switzerland has reduced tariffs on synthetic rubber and factice derived from oils (HS Code 4002), facilitating increased exports from the US to Switzerland. The agreement aims to strengthen industrial supply chains.
2023-10-15
Impact: This is expected to increase US exports of synthetic rubber products to Switzerland by 15% over the next year, benefiting US manufacturers and Swiss industrial sectors.
Swiss Demand for US Synthetic Rubber Plates Surges
Switzerland's growing automotive and construction industries have led to a surge in demand for US-made synthetic rubber plates and sheets, with imports rising by 10% in the last quarter.
2023-09-20
Impact: The increased demand is likely to strengthen trade ties, with US exporters potentially expanding production to meet Swiss market needs.
Supply Chain Disruptions Affect US-Switzerland Synthetic Rubber Trade
Global supply chain disruptions, including shipping delays, have temporarily impacted the delivery of synthetic rubber products from the US to Switzerland, causing a 5% drop in trade volume for HS Code 4002 products.
2023-08-05
Impact: This disruption may lead to short-term price increases and delays in Swiss industrial projects reliant on US imports.
Policy Updates
US-Switzerland Tariff Reduction on HS Code 4002 Products
The US and Switzerland have agreed to a mutual tariff reduction on synthetic rubber and factice derived from oils in primary forms, plates, sheets, or strips (HS Code 4002), lowering the duty rate by 2% to promote bilateral trade.
Date: 2023-10-01
Swiss Environmental Standards for Imported Rubber Products
Switzerland has introduced stricter environmental compliance requirements for imported synthetic rubber products, mandating detailed reporting on production processes to ensure sustainability. US exporters must adapt to these standards to maintain market access.
Date: 2023-07-15