Stable with slight increase of 2% from previous year
Special Rates
Preferential Rate under US-Thailand Trade Agreements
0%
Applicable under the Thailand-United States Free Trade Agreement negotiations or specific bilateral agreements if finalized; requires Certificate of Origin.
A new bilateral trade agreement between the US and Thailand has reduced tariffs on containers holding more than 2 liters but not more than 4 liters (HS Code: 3923.30), leading to a 15% increase in exports from Thailand to the US.
2023-10-15
Impact: Positive impact on Thai exporters due to lower tariffs, increasing market access to the US for these specific containers.
US Imposes Temporary Quota on Thai Container Imports
The US has introduced a temporary quota on imports of containers (2-4 liters) from Thailand to protect domestic manufacturers, limiting the volume of imports for the next quarter.
2023-09-01
Impact: Negative impact on Thai exporters as the quota restricts the volume of containers that can be shipped to the US, potentially reducing revenue.
Thailand Upgrades Manufacturing Standards for Container Exports
Thailand has implemented stricter quality control measures for containers in the 2-4 liter range to meet US safety and environmental standards, aiming to strengthen trade relations.
2023-08-20
Impact: Potentially positive long-term impact as compliance with US standards could increase trust and demand, though short-term costs for manufacturers may rise.
Policy Updates
US Tariff Reduction on HS Code 3923.30
The US announced a reduction in tariffs on containers holding 2-4 liters (HS Code: 3923.30) from Thailand as part of a broader trade agreement to promote mutual economic growth.
Date: 2023-10-10
Thailand Export Compliance Regulation Update
Thailand updated its export regulations for plastic containers (2-4 liters) to align with US environmental and safety standards, requiring manufacturers to obtain new certifications before exporting.
