Increasing by 5% annually due to growing demand in Vietnam's textile industry
Special Rates
CPTPP Preferential Rate
0%
Applicable under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) if the United States is considered under specific trade agreements or if goods meet rules of origin criteria via CPTPP member countries.
MFN Rate
8%
Applicable under Most Favored Nation status if no specific trade agreement applies.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
U.S. Increases Imports of Polyester Staple Fiber Twill from Vietnam Amid Rising Demand
Recent trade data shows a significant uptick in U.S. imports of 3-thread and 4-thread twill of polyester staple fibers (HS Code 5512.19) from Vietnam, driven by demand in the apparel and home textiles sectors.
October 15, 2023
Impact: This surge strengthens Vietnam's position as a key supplier to the U.S. market, potentially increasing bilateral trade volume in textile categories.
Vietnam Boosts Production Capacity for Polyester Twill Exports to U.S.
Vietnamese textile manufacturers have expanded production facilities to meet growing U.S. demand for polyester staple fiber twill fabrics, focusing on quality and competitive pricing.
September 20, 2023
Impact: Enhanced production capacity may lead to more consistent supply and lower costs for U.S. buyers, fostering deeper trade ties.
During recent bilateral trade discussions, both nations emphasized the importance of textile exports, including polyester staple fiber twill, as a key area of economic cooperation.
August 5, 2023
Impact: Positive dialogue could lead to fewer trade barriers and increased market access for Vietnamese polyester twill in the U.S.
Policy Updates
U.S. Reviews Tariff Rates on Vietnamese Textile Imports
The U.S. Trade Representative announced a review of tariff classifications under HS Code 5512.19 for polyester staple fiber twill imports from Vietnam, aiming to address potential discrepancies in duty application.
Date: October 1, 2023
Vietnam Updates Export Regulations for Textile Products
Vietnam introduced new compliance requirements for textile exports, including 3-thread and 4-thread twill of polyester staple fibers, to ensure adherence to international quality standards.
