Yarn made from the luxurious Angora rabbit hair is a sought-after material in the textile industry. With a high percentage of Angora hair content, this yarn is known for its softness, warmth, and unique texture. The HS Code 51091040 specifically refers to yarns made from Angora rabbit hair, containing 85 percent or more by weight of the Angora hair, and are packaged for retail sale.
When importing or exporting this product, it is essential to understand the regulations and duties associated with it. The Bound/MFN duty rate for HS Code 51091040 is set at 4%. This means that every country must lower its trade barriers or open up its market for the same goods or services from all its trading partners, resulting in a consistent duty rate of 4%.
The quantity unit for this specific HS Code is kilograms (KG). This unit of measurement is commonly used in the international trade of yarns and other textile products.
Several special tariff preference programs apply to the import and export of HS Code 51091040. These programs provide certain countries with favorable duty rates or duty-free treatment. The following countries enjoy free trade benefits for this product: Australia, Bahrain, Canada (under NAFTA, duty-free treatment), Chile, Israel (duty-free treatment), Jordan, Mexico (under NAFTA), Oman, the Dominican Republic-Central American countries (under DR-CAFTA), Peru, and Singapore.
Additionally, Morocco has a special rate of 0.4% for the import of yarns made from Angora rabbit hair. This special rate allows for a lower duty compared to the general 4% duty rate.
When importing HS Code 51091040 into the United States, it is important to consider the specific states involved in the trade. The exporting states should be aware of the regulations and requirements set by the importing states to ensure smooth customs clearance and compliance with all relevant laws.
HS Code 51091040 pertains to yarns made from Angora rabbit hair, with a high Angora hair content, and packaged for retail sale. The associated duties, quantity unit, and special tariff preference programs provide valuable information for importers and exporters in the textile industry. Understanding these details is crucial for successful international trade and compliance with trade regulations.