HS Code 05010000: Human Hair, Unworked, Whether or Not Washed and Scoured; Waste of Human Hair
Human hair is a versatile and valuable commodity that is used in various industries such as beauty, fashion, and healthcare. The HS Code 05010000 specifically refers to unworked human hair, whether it has been washed and scoured or not, as well as waste derived from human hair.
The HS Code system is an internationally recognized classification system for traded goods. It is used by customs authorities to identify and categorize different products for the purpose of tariff classification and trade statistics. The HS Code 05010000 helps to differentiate human hair from other types of hair, such as animal hair, and enables accurate tracking and reporting of its import and export.
Importing human hair under HS Code 05010000 is subject to a bound or most-favored-nation (MFN) duty rate of 1.4%. The MFN duty rate ensures that when a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. This promotes fair and non-discriminatory trade practices.
The quantity unit for human hair under HS Code 05010000 is kilograms (KG). This unit of measurement helps in determining the weight and quantity of human hair being imported or exported. It ensures standardized documentation and clear understanding between trading parties.
There are also special tariff preference programs associated with HS Code 05010000. Some countries offer duty-free treatment for the import of human hair. For example, the Generalized System of Preferences (GSP) provides duty-free treatment for human hair from countries like Australia, Canada, Chile, Israel, Jordan, Mexico, Oman, Peru, Singapore, and others. These special tariff preference programs encourage trade between participating countries and promote economic cooperation.
In terms of importing and exporting human hair under HS Code 05010000, the data shows that New Jersey is a significant importer of human hair, while Idaho and New Mexico are important exporting states. This information can be useful for businesses and traders looking to establish trade relationships or target specific markets.
HS Code 05010000 plays a crucial role in the international trade of human hair. It provides a standardized classification system, determines the duty rate, and facilitates the tracking and reporting of imports and exports. Understanding the HS Code system and its associated data can help businesses navigate the global trade landscape more effectively.
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