HS Code 51129030: Woven Fabrics of Combed Wool/Fine Animal Hair Containing Silk
Woven fabrics of combed wool or fine animal hair are classified under HS Code 51129030. These fabrics are further categorized as "not elsewhere specified or included" (nesoi), meaning they do not fall under any other specific HS code for woven fabrics.
To be classified under this HS code, the woven fabrics must contain 30 percent or more by weight of silk or silk waste. This inclusion of silk adds a touch of luxury and elegance to the fabrics, making them sought after in various industries.
The value of these woven fabrics is determined by their weight and quality. Fabrics valued over $33 per kilogram fall under this HS code. The high value is attributed to the quality and composition of the fabric, as well as the labor-intensive process involved in producing them.
When it comes to international trade, countries often impose duties on imported goods. The bound or Most Favored Nation (MFN) duty rate for HS Code 51129030 is 6.9%. This means that 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 duty rate ensures fair trade practices and equal treatment for all countries involved.
The quantity unit for these woven fabrics is measured in square meters (M2). This measurement helps in determining the quantity of fabric required for various applications, such as clothing, upholstery, or home textiles.
Certain special tariff preference programs exist for products classified under HS Code 51129030. These programs offer reduced or duty-free rates for imports from specific countries. Some of these special rates include:
- Free Trade Agreement (FTA) countries: Bahrain (BH), Canada (CA), Chile (CL), Israel (IL), Jordan (JO), Mexico (MX), Peru (P), and Singapore (SG). These countries enjoy duty-free treatment when importing woven fabrics of combed wool/fine animal hair containing silk.
- Australia (AU): Imports from Australia are subject to a special rate of 3%.
- Morocco (MA): Imports from Morocco are subject to a special rate of 0.7%.
- Oman (OM): Imports from Oman are subject to a special rate of 5.5%.
These special tariff preference programs promote trade between countries and provide incentives for importing goods classified under HS Code 51129030. They aim to strengthen economic ties and foster mutually beneficial relationships.
Importing and exporting of these woven fabrics occur between various U.S. states. The specific states involved in these trade activities may vary depending on factors such as production capabilities, demand, and supply chain dynamics.
HS Code 51129030 represents woven fabrics of combed wool or fine animal hair containing silk. These fabrics are valued for their quality, composition, and elegance. Various special tariff preference programs exist, offering reduced or duty-free rates for imports from specific countries. Understanding the HS code and associated trade regulations is essential for businesses involved in the import and export of these fabrics.
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