The HS Code 51013010 refers to unimproved wool and other wool that is not finer than 40s, carbonized, and not further processed, carded, or combed. This code is used to classify and identify this specific type of wool for import and export purposes. Understanding this code is essential for businesses and individuals involved in the wool industry to ensure compliance with trade regulations and to take advantage of any special tariff preference programs.
When it comes to trade barriers and market access, countries have to treat all their trading partners equally. This means that when a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. In the case of HS Code 51013010, the bound or most favored nation (MFN) duty rate is free. This means that the importing country does not impose any duties or taxes on this type of wool.
The quantity unit for HS Code 51013010 is kilograms (KG). This unit is used to measure the weight of the wool being imported or exported. It is important for businesses to accurately determine the weight of the wool to calculate costs and comply with trade regulations.
There are also special tariff preference programs available for HS Code 51013010. These programs offer specific rates or exemptions for certain countries. The following countries have free tariff preference for this HS code: Bahrain (BH), Canada (CA) under NAFTA, Chile (CL), Israel (IL), Jordan (JO), Morocco (MA), Mexico (MX) under NAFTA, Oman (OM), and Singapore (SG).
For Australia (AU), the special tariff preference rate for HS Code 51013010 is 2.6?/kg plus 2.1%. This means that a specific rate per kilogram is applied, along with an additional percentage based on the value of the goods.
In the case of Peru (PE), the special tariff preference rate for HS Code 51013010 is 3.9?/kg plus 3.9%. This rate includes a specific rate per kilogram and an additional percentage based on the value of the goods.
It is important for businesses to be aware of these special tariff preference programs and rates for HS Code 51013010. By taking advantage of these programs, businesses can reduce costs and remain competitive in the global wool market.
Importing US states and exporting US states are not specified in the provided data. However, understanding the specific states involved in importing and exporting wool can be useful for businesses to identify potential market opportunities and establish trade relationships.