Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 51081030: Yarn of Angora rabbit hair, carded, not put up for retail sale

When it comes to international trade, the Harmonized System (HS) plays a crucial role in classifying products. Each product is assigned a unique HS code, which is used by customs authorities to identify and track imports and exports. In this article, we will delve into the details of HS Code 51081030, which refers to yarn made from Angora rabbit hair that is carded and not packaged for retail sale.

Yarn made from Angora rabbit hair is highly sought after for its softness, warmth, and luxurious feel. It is commonly used in the production of high-quality garments, accessories, and home textiles. The carding process ensures that the fibers are aligned and free from impurities, resulting in a smooth and even yarn.

Under the MFN (Most Favored Nation) principle, countries must apply the same trade barriers or market opening measures to all their trading partners for the same goods or services. For HS Code 51081030, the bound or MFN duty rate is 4%, meaning that countries cannot impose a higher tariff on imports of this product.

The quantity unit for measuring imports and exports of HS Code 51081030 is kilograms (KG). This standardized unit allows for accurate tracking and comparison of trade volumes across different countries.

Several special tariff preference programs are available for imports of yarn made from Angora rabbit hair, carded, and not packaged for retail sale. These programs aim to facilitate trade and promote economic cooperation between countries. The following countries or regions offer preferential treatment for this product:

• Australia: Imports of HS Code 51081030 from Australia are duty-free, providing an advantage for businesses involved in the trade of this product.
• Bahrain: Similarly, imports from Bahrain enjoy duty-free treatment, encouraging bilateral trade in Angora rabbit hair yarn.
• Canada: As part of the NAFTA agreement, imports of this product from Canada benefit from duty-free treatment.
• Chile: Chile also offers a special rate for imports of HS Code 51081030, making it more accessible for businesses in the country.
• Israel: Imports from Israel of yarn made from Angora rabbit hair, carded, and not packaged for retail sale are subject to duty-free treatment.
• Jordan: Jordan provides a special rate for this product, further facilitating trade between the two countries.
• Morocco: Similar to Jordan, Morocco offers a special rate for imports of HS Code 51081030, encouraging trade and economic cooperation.
• Mexico: As part of the NAFTA agreement, imports of this product from Mexico enjoy duty-free treatment.
• Dominican Republic-Central American countries: Under the DR-CAFTA agreement, imports of this product from these countries benefit from a special rate.
• Peru: Peru offers a special rate for imports of yarn made from Angora rabbit hair, carded, and not packaged for retail sale, facilitating trade with other countries.
• Singapore: Imports from Singapore of this product are subject to a special rate, making it more attractive for businesses involved in the trade of Angora rabbit hair yarn.
• Oman: Imports from Oman of HS Code 51081030 are subject to a 3.2% special rate.

It's important for businesses and traders to stay informed about the specific tariff rates and preferential treatment offered by different countries for HS Code 51081030. By taking advantage of these programs, importers and exporters can optimize their supply chains, reduce costs, and expand their market reach.

HS Code 51081030 refers to yarn made from Angora rabbit hair, which is carded and not packaged for retail sale. This product is highly valued for its softness and is used in various industries. The bound or MFN duty rate for imports of this product is 4%, ensuring that countries do not impose higher tariffs. Additionally, several countries and regions offer special tariff preference programs, including duty-free treatment and special rates, to promote trade and economic cooperation. By understanding and utilizing these programs, businesses can enhance their competitiveness and benefit from the global trade of Angora rabbit hair yarn.