Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 44123950: Plywood of Wood Sheets, n/o 6 mm Thick Each, with Outer Plies of Coniferous Wood, Nesoi, Surface Covered, Nesoi

When it comes to international trade, the use of Harmonized System (HS) codes is crucial in identifying and categorizing products. Each HS code represents a specific product, enabling countries to track imports and exports accurately. In this article, we will delve into HS Code 44123950, which corresponds to plywood of wood sheets, not exceeding 6 mm in thickness, with outer plies of coniferous wood, not elsewhere specified or included (nesoi), and surface covered, not elsewhere specified or included (nesoi).

Product Description

HS Code 44123950 refers to a specific type of plywood made from wood sheets. The plywood sheets are not thicker than 6 mm and have outer plies made from coniferous wood. The term "nesoi" indicates that the plywood does not fall under any other specific classification within the HS system. Additionally, the surface of the plywood is covered, although the specific covering material is not specified.

Bound / MFN Duty Rate

The bound / MFN duty rate for HS Code 44123950 is 5.1%. The MFN (Most Favored Nation) principle states 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 means that the duty rate remains consistent regardless of the country of origin.

Quantity Unit

The quantity unit for HS Code 44123950 is cubic meters (M3). This unit of measurement allows for accurate tracking of the volume of plywood being imported or exported.

Special Tariff Preference Programs

Several special tariff preference programs apply to imports classified under HS Code 44123950. These programs provide specific benefits or exemptions for eligible countries. The following are the special tariff preference programs applicable to this HS code:

• Free (A+, AU, BH, CA, CL, D, E, IL, J, JO, MA, MX, OM, P, PE, SG): Only imports from least-developed beneficiary developing countries are eligible for GSP (Generalized System of Preferences) under this subheading, which entitles them to duty-free treatment.
• Australia Special Rate: Australia has a special rate for imports classified under this HS code, although the specific details are not provided.
• Bahrain Special Rate: Bahrain also offers a special rate for imports falling under HS Code 44123950, granting certain benefits or exemptions.
• NAFTA for Canada: Imports from Canada classified under this HS code receive duty-free treatment under the North American Free Trade Agreement (NAFTA).
• Chile Special Rate: Chile has a special rate for imports of HS Code 44123950, providing favorable conditions for trade.
• Africa Growth and Opportunity Act (AGOA): Imports classified under this HS code from eligible African countries receive duty-free treatment under the AGOA program.
• Caribbean Basin Initiative (CBI): Plywood imports from countries eligible for the CBI program, such as certain Caribbean nations, enjoy duty-free treatment.
• Israel Special Rate: Israel offers a special rate for imports classified under HS Code 44123950, granting specific benefits or exemptions.
• Andean Trade Preference Act (ATPA): Imports from Andean countries eligible for the ATPA program receive duty-free treatment for products falling under this HS code.
• Jordan Special Rate: Jordan has a special rate for imports classified under this HS code, providing certain benefits or exemptions.
• Morocco Special Rate: Imports from Morocco classified under HS Code 44123950 are eligible for a special rate, although the specific details are not provided.
• NAFTA for Mexico: Similar to Canada, imports from Mexico classified under this HS code receive duty-free treatment under NAFTA.
• Oman Special Rate: Oman offers a special rate for imports falling under HS Code 44123950, providing favorable conditions for trade.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Imports from the Dominican Republic and Central American countries eligible for the DR-CAFTA program receive duty-free treatment for products classified under this HS code.
• Peru Special Rate: Peru offers a special rate for imports classified under HS Code 44123950, granting specific benefits or exemptions.
• Singapore Special Rate: Singapore has a special rate for imports falling under this HS code, providing certain benefits or exemptions.

Importing and Exporting US States

HS Code 44123950 plywood can be imported into and exported from various states within the United States. The specific importing and exporting states may vary depending on market demand, availability of suppliers, and other factors. Some of the major importing states for HS Code 44123950 plywood in the US include California, Texas, Florida, New York, and Illinois. Similarly, significant exporting states for this HS code are Oregon, Washington, California, Georgia, and North Carolina.

It is important for traders and businesses involved in the plywood industry to understand the regulations and requirements associated with HS Code 44123950. By adhering to the appropriate tariff rates and taking advantage of special preference programs, importers and exporters can optimize their trade activities and minimize costs.

HS Code 44123950 represents plywood made from wood sheets, not exceeding 6 mm in thickness, with outer plies of coniferous wood. The code signifies the specific product category and allows for accurate classification and tracking of imports and exports. Understanding the bound duty rate, quantity unit, and special tariff preference programs associated with this HS code is crucial for successful international trade in the plywood industry.