The HS Code 51032000 refers to waste, other than noils, of wool or of fine animal hair, including yarn waste but excluding garnetted stock. This code is used to classify and identify specific types of goods for international trade.
The product description of HS Code 51032000 includes waste materials made from wool or fine animal hair. This can include various types of waste such as scraps, clippings, or leftovers from the production of wool or fine animal hair products. However, it specifically excludes garnetted stock, which refers to processed waste material that has been shredded or torn apart for recycling or reuse purposes.
When it comes to trade barriers and market access, the bound or most-favored-nation (MFN) duty rate for HS Code 51032000 is 2.6 cents per kilogram. This means that whenever 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 helps ensure fair and equal treatment in international trade.
The quantity unit for HS Code 51032000 is kilograms (KG). This unit is used to measure the weight of the waste materials being traded. It provides a standardized measurement that allows for accurate pricing, shipping, and tracking of these goods.
There are also special tariff preference programs that apply to HS Code 51032000. These programs provide certain countries with preferential treatment or exemptions from duties when importing or exporting goods under this HS code. The following countries have special tariff rates or duty-free treatment for HS Code 51032000:
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating import duties on specific goods. They provide opportunities for businesses to access new markets and increase their competitiveness in international trade.
When importing HS Code 51032000 into the United States, it is important to be aware of the exporting US states. These states are the origin or source of the goods being imported. Similarly, when exporting HS Code 51032000 from the United States, it is important to consider the importing US states, which are the destinations of the goods. Understanding the specific states involved in the trade can help with logistics planning, transportation, and compliance with state-specific regulations.
HS Code 51032000 represents waste materials made from wool or fine animal hair, excluding garnetted stock. It is subject to a bound or MFN duty rate of 2.6 cents per kilogram. Various special tariff preference programs provide certain countries with preferential treatment or duty-free access to this HS code. Understanding the product description, duty rates, quantity unit, and special tariff programs associated with HS Code 51032000 is crucial for businesses engaged in international trade.