The HS Code 52053200 refers to a specific type of cotton yarn. This article aims to provide an extensive understanding of the product description, duty rates, quantity unit, special tariff preference programs, and the importing/exporting US states associated with this HS code.
The product described by HS Code 52053200 is a type of cotton yarn that is made from uncombed fibers. It contains at least 85% cotton by weight and has a yarn thickness between 14 and 43 nm. This yarn is not packaged for retail sale, indicating that it is primarily used for industrial or commercial purposes.
The bound / MFN (Most Favored Nation) duty rate for the product under HS Code 52053200 is 7.3%. This means that every time a country lowers a trade barrier or opens up a market, it must apply the same duty rate for the same goods or services from all its trading partners. This duty rate is applicable to imports of this specific cotton yarn.
The quantity unit for the product under HS Code 52053200 is kilograms (KG). This indicates that the weight of the cotton yarn is measured and recorded in kilograms. Importers and exporters need to provide the quantity of the product in kilograms when conducting trade transactions involving this HS code.
The product under HS Code 52053200 is eligible for various special tariff preference programs. These programs provide specific rates or duty-free treatment for imports of this cotton yarn based on the country of origin. The following countries have special tariff preference programs applicable to this HS code:
Importers or exporters conducting trade with the countries mentioned above can benefit from either duty-free treatment or a reduced duty rate of 0.7% for imports of this specific cotton yarn.
HS Code 52053200 is used to track imports and exports of the multiple or cabled cotton yarn described above in the United States. The specific importing and exporting US states associated with this HS code may vary based on trade data. To obtain the most accurate and up-to-date information about the importing and exporting US states for this product, it is recommended to refer to official trade statistics or consult with relevant trade authorities.
HS Code 52053200 represents a specific type of cotton yarn made from uncombed fibers. This yarn is primarily used for industrial or commercial purposes and is not packaged for retail sale. Importers and exporters need to be aware of the bound / MFN duty rate, quantity unit, special tariff preference programs, and the importing/exporting US states associated with this HS code to facilitate international trade transactions effectively.