US-Uganda Textile Trade Agreement Boosts Technical Textile Exports
A new trade agreement between the US and Uganda focuses on increasing exports of technical textiles under HS Code 5911, used for industrial purposes. The deal aims to streamline customs processes and reduce tariffs.
2023-10-15
Impact: This agreement is expected to increase Uganda's export volume of technical textiles to the US by 15% over the next two years, benefiting Ugandan manufacturers and US industries reliant on specialized textile products.
Uganda Expands Production Capacity for Technical Textiles to Meet US Demand
Ugandan textile manufacturers have invested in new machinery to produce high-quality technical textiles (HS Code 5911) for the US market, driven by growing demand in sectors like construction and automotive.
2023-09-22
Impact: The expanded production capacity is likely to strengthen trade ties, with a projected 10% rise in exports to the US, though supply chain logistics remain a challenge.
US Importers Seek Ugandan Technical Textiles Amid Global Supply Chain Issues
US companies are turning to Uganda for technical textiles (HS Code 5911) as alternative suppliers face disruptions, with Uganda benefiting from its stable production environment.
2023-08-30
Impact: This shift could lead to a temporary spike in trade volume, with Uganda potentially gaining a larger market share in the US for technical textiles if reliability is maintained.