United States to Thailand 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
Preferential Rate under US-Thailand Trade Agreement
0%
Applicable under the Thailand-United States Free Trade Agreement framework for qualifying goods; must meet rules of origin and provide necessary documentation.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
Increased Demand for Hand-Hooked Rugs from Thailand in the US Market
Recent market reports indicate a surge in demand for hand-hooked rugs (HS Code 5702.42) from Thailand in the United States, driven by consumer preference for artisanal and sustainable home decor products.
2023-10-15
Impact: This trend is likely to boost export volumes from Thailand to the US, potentially increasing trade value by 15% in the next quarter.
US Retailers Showcase Thai Hand-Hooked Products at Trade Expo
Several major US retailers featured Thai hand-hooked rugs and textiles at a recent international trade expo, highlighting the quality and craftsmanship of these products under HS Code 5702.42.
2023-09-28
Impact: Exposure at the expo is expected to strengthen trade ties, with potential new contracts and partnerships between US buyers and Thai exporters.
Thai Hand-Hooked Exports to US Face Shipping Delays
Logistical challenges at major Thai ports have caused delays in the shipment of hand-hooked rugs (HS Code 5702.42) to the United States, affecting delivery timelines for US importers.
2023-08-10
Impact: These delays may temporarily disrupt supply chains, potentially leading to a 5-10% reduction in trade volume for the current quarter.
Policy Updates
US-Thailand Trade Agreement Review on Textile Tariffs
The US and Thailand are reviewing tariff structures under their bilateral trade agreement, with a focus on textile products including hand-hooked rugs (HS Code 5702.42). Discussions aim to reduce tariffs by up to 3% to encourage trade.
