The HS Code 52051520 refers to a specific product category known as single cotton yarn. This article aims to provide an extensive overview of this HS code, including its product description, duty rates, special tariff preference programs, and the importing and exporting US states.
The product covered by HS Code 52051520 is single cotton yarn. It is composed of 85% or more cotton and is made from uncombed fibers. The yarn has a thickness of over 80 nm. It can be either bleached or mercerized, but it is not packaged for retail sale. This HS code is used to classify single cotton yarn that does not fall under any other specific category.
The bound / MFN (Most Favored Nation) duty rate for HS Code 52051520 is 12%. The MFN principle states 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 ensures equal treatment and fair competition among trading nations.
The quantity unit for HS Code 52051520 is kilograms (KG). This means that the measurement and trade of single cotton yarn are done in kilograms.
There are several special tariff preference programs applicable to HS Code 52051520. These programs offer preferential duty rates or duty-free treatment for imports of single cotton yarn to certain countries. The following countries have special tariff preference programs for this HS code:
These special tariff preference programs aim to promote trade and economic cooperation between the countries involved by reducing trade barriers for specific goods, such as single cotton yarn.
HS Code 52051520 is imported and exported by various US states. The following states are involved in the import and export of single cotton yarn:
These states play a significant role in the trade and distribution of single cotton yarn within the United States.
HS Code 52051520 represents single cotton yarn made from uncombed fibers, with a high cotton content and specific thickness. It is used for trade classification and is subject to a bound / MFN duty rate of 12%. Various special tariff preference programs offer duty-free treatment for imports of this product to specific countries. The import and export of single cotton yarn under this HS code involve several US states, which contribute to its distribution and trade within the country.