HS Code 52010028: Cotton, not carded or combed, staple length of 29.36875 mm or more but under 34.925 mm & white in color, nesoi
Cotton is an essential commodity in the textile industry, used for manufacturing various products such as clothing, bedding, and towels. To ensure smooth international trade and standardize the classification of goods, the Harmonized System (HS) was developed. The HS Code 52010028 specifically refers to cotton that is not carded or combed, with a staple length of 29.36875 mm or more but under 34.925 mm, and white in color. Let's delve deeper into the details of this HS code and its implications in international trade.
The HS Code 52010028 assigns a unique code to cotton that meets the specified criteria. This code enables customs authorities and traders to identify and classify the product accurately, facilitating efficient trade processes. When importing or exporting goods, it is essential to correctly classify them under the appropriate HS code to ensure compliance with regulations and determine the applicable customs duties.
One crucial aspect associated with the HS Code 52010028 is the bound or most-favored-nation (MFN) duty rate. The bound duty rate for this code is 31.4 cents/kg. The MFN duty rate ensures 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 principle promotes fair and non-discriminatory trade practices, creating a level playing field for all countries involved.
The quantity unit for the HS Code 52010028 is kilograms (KG). This unit of measurement is universally recognized and used in international trade to determine the quantity of goods being imported or exported. It allows for consistency and accuracy in trade transactions, ensuring transparency and ease of comparison across different markets.
Additionally, the HS Code 52010028 may be eligible for special tariff preference programs in certain countries. For example, in Jordan (JO), Mexico (MX), and Peru (PE), the cotton under this HS code is eligible for duty-free treatment. In Australia (AU) and Bahrain (BH), specific rates apply, which can be found under the codes 9913.52.05-9913.52.20 and 9914.52.05-9914.52.20, respectively. Similarly, Chile (CL), Morocco (MA), Oman (OM), and Singapore (SG) have their own special rates for this product.
Now, let's take a closer look at the importing and exporting US states for the HS Code 52010028. The following states have been identified as key players in the trade of this cotton:
- Arizona
- Arkansas
- Georgia
- Mississippi
- Oklahoma
- Tennessee
- Texas
These states have a significant presence in the cotton industry and actively participate in the import and export of cotton under the HS Code 52010028. Their involvement in the trade of this product contributes to the overall economic growth and development of the textile sector in the United States.
the HS Code 52010028 plays a vital role in the international trade of cotton. Its classification ensures accurate identification and classification of cotton that meets specific criteria, facilitating smooth trade processes. The bound or MFN duty rate associated with this code promotes fair and non-discriminatory trade practices. Additionally, special tariff preference programs are available for this product in various countries. Understanding the details and implications of the HS Code 52010028 is essential for importers, exporters, and customs authorities involved in the cotton trade.
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