The HS Code 52052200 refers to a specific type of single cotton yarn. It is composed of 85% or more cotton by weight and is made from combed fibers. The yarn has a thickness of over 14 but not exceeding 43 nm and is not packaged for retail sale.
When it comes to trade barriers and market openness, the bound or Most Favored Nation (MFN) duty rate for this product is set at 7.3%. This 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.
The quantity unit for the HS Code 52052200 is kilograms (KG). This is the standard unit of measurement for the product when it is imported or exported.
There are also special tariff preference programs available for this product. It is eligible for free trade under the following countries: Australia, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Mexico (under NAFTA), Oman, Peru, Singapore. These countries provide either duty-free treatment or a special rate of 0.7% for the importation of this product.
In terms of importing into the United States, the following states have been identified as major importers of HS Code 52052200:
On the other hand, the primary exporting states within the United States for this product are:
It is important for businesses and individuals involved in the trade of single cotton yarn, specifically those falling under the HS Code 52052200, to be aware of the applicable duty rates, special tariff preference programs, and the major importing and exporting states. Understanding these details can help optimize trade strategies and ensure compliance with trade regulations.