Yarn of Angora rabbit hair is a unique and luxurious product that is highly sought after in the textile industry. This article will provide an in-depth understanding of HS Code 51099040, including its product description, duty rates, quantity unit, special tariff preference programs, and the importing/exporting US states.
HS Code 51099040 refers to yarn made from Angora rabbit hair that contains less than 85 percent by weight of the Angora hair. This yarn is specifically put up for retail sale, making it easily accessible to consumers. Angora rabbit hair is known for its softness, warmth, and durability, making it a popular choice for high-quality garments and accessories.
The bound / MFN (Most Favored Nation) duty rate for HS Code 51099040 is 4%. Every time 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. This ensures fair and equal treatment for all countries involved in international trade.
The quantity unit for HS Code 51099040 is kilograms (KG). This unit of measurement is commonly used in international trade to quantify the weight of goods being imported or exported. It provides a standardized way to calculate costs, logistics, and inventory management.
HS Code 51099040 benefits from various special tariff preference programs, which offer different duty rates based on the country of origin or destination. The following programs apply to this HS Code:
These special tariff preference programs aim to promote trade and strengthen economic relationships between countries. By offering preferential duty rates, they incentivize the import and export of specific goods, such as yarn made from Angora rabbit hair, and enhance international cooperation.
HS Code 51099040 is imported and exported by various US states. The specific states engaged in trade involving this HS Code may vary depending on market demand and production capabilities. However, some commonly involved states include:
Importing US States: (Please insert relevant data)
Exporting US States: (Please insert relevant data)
These states play a crucial role in facilitating the import and export of yarn made from Angora rabbit hair. They contribute to the growth of the textile industry and ensure the availability of this luxurious product to consumers both domestically and internationally.
HS Code 51099040 encompasses yarn made from Angora rabbit hair with specific characteristics and trade regulations. Its inclusion in various special tariff preference programs and its role in international trade highlight the significance of this product in the global textile market. Understanding the details of this HS Code allows businesses and consumers to navigate the complexities of importing and exporting yarn of Angora rabbit hair effectively.