The HS Code 52052400 refers to single cotton yarn that contains 85% or more cotton by weight. This type of yarn is made from combed fibers and has a thickness ranging from over 52 to not more than 80 nm. It is not put up for retail sale and is typically used for various textile applications.
When importing or exporting this product, it is important to be aware of the specific regulations and duties associated with it. The bound or Most Favored Nation (MFN) duty rate for HS Code 52052400 is 9.9%. 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 this product is measured in kilograms (KG). This information is essential for accurate measurement and pricing when conducting international trade.
There are also special tariff preference programs available for HS Code 52052400. For some countries, such as Australia, Bahrain, Canada, Chile, Israel, Jordan, Mexico, Oman, Peru, Singapore, and the United States, the product can be imported duty-free. This means that these countries have special trade agreements or preferences in place that allow for the exemption of import duties on this specific product.
However, for countries like Morocco, there is a special rate of 0.9% applied to the import of HS Code 52052400. This rate is still relatively low and provides a favorable trade condition for importing this product.
When it comes to importing this product into the United States, it is important to consider the specific states involved. The exporting states are not mentioned in the provided data, but it is crucial to ensure compliance with any state-specific regulations and requirements when importing HS Code 52052400.
HS Code 52052400 represents single cotton yarn that is predominantly made of combed fibers. It is important to be familiar with the specific regulations, duties, and tariff preference programs associated with this HS Code when engaging in international trade. By understanding these details, importers and exporters can make informed decisions and ensure smooth trade transactions.