HS Code 52051120: Single Cotton Yarn, 85% or more Cotton by Weight, of Uncombed Fibers, N/O 14 nm, Bleached or Mercerized
Single cotton yarn, specifically HS Code 52051120, refers to a type of yarn made from 85% or more cotton by weight, consisting of uncombed fibers and not exceeding 14 nm thickness. This particular type of yarn can be either bleached or mercerized, making it suitable for various textile applications.
The HS Code system, also known as the Harmonized System, is an internationally recognized classification system used to categorize and identify traded goods. It is employed by customs authorities around the world to facilitate the efficient and accurate assessment of import and export duties, as well as to gather statistical data on international trade.
One key aspect of HS Code 52051120 is the bound or most-favored-nation (MFN) duty rate. The bound duty rate for this product is 5%, which means that every time 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 helps promote fair and equal trade practices among nations.
The quantity unit for HS Code 52051120 is kilograms (KG). This indicates that the measurement and pricing of this cotton yarn are based on weight rather than length or any other unit of measurement. This standard unit allows for easy comparison and calculation when dealing with international trade transactions.
In terms of tariff preference programs, HS Code 52051120 enjoys certain benefits in select countries. For example, Australia, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Mexico (under NAFTA), Oman, Peru, Singapore, and the Dominican Republic-Central American countries (under DR-CAFTA) offer duty-free or special rate treatment for imports of this cotton yarn. Morocco, on the other hand, applies a special rate of 0.5% for this product.
When it comes to importing this product into the United States, the following states have been identified as major destinations:
- Arizona
- Arkansas
- Georgia
- Mississippi
- Oklahoma
- Tennessee
- Texas
These states have shown consistent demand for HS Code 52051120, indicating a potential market for exporters of this cotton yarn.
HS Code 52051120 represents a specific type of cotton yarn consisting of uncombed fibers, with a high cotton content and either bleached or mercerized. Understanding the HS Code and its associated details, such as the bound duty rate, quantity unit, special tariff preference programs, and importing/exporting states, is essential for businesses involved in the international trade of this product.
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