The HS Code 52053300 refers to multiple or cabled cotton yarn that contains at least 85% cotton by weight. This yarn is made from uncombed fibers and has a yarn number measurement (nm) ranging from 43 to less than 52. It is important to note that this product is not put up for retail sale.
When importing or exporting this product, it is crucial to understand the relevant information about duty rates, quantity units, and special tariff preference programs. Let's dive deeper into these aspects:
The bound or most-favored-nation (MFN) duty rate for HS Code 52053300 is 8.6%. This means that every time a country lowers a trade barrier or opens up a market, it must apply the same duty rate for this product to all its trading partners. This ensures fair and equal treatment in international trade.
The quantity unit for HS Code 52053300 is kilograms (KG). This means that the weight of the cotton yarn is measured and reported in kilograms when importing or exporting it. It is essential to have accurate measurements to comply with customs regulations and ensure smooth trade transactions.
Several countries offer special tariff preference programs for the import of HS Code 52053300:
These special tariff preference programs aim to encourage trade and strengthen economic ties between countries. Importers and exporters should take advantage of these programs to minimize costs and increase competitiveness in international markets.
HS Code 52053300 can be imported and exported to and from various states in the United States. The specific states involved in the import and export process may vary depending on the trade agreements, logistics, and market demand. It is essential for businesses to explore opportunities in different states and establish efficient supply chains to maximize their market reach.
HS Code 52053300 represents multiple or cabled cotton yarn with specific characteristics and trade regulations. Importers and exporters should be aware of the duty rates, quantity units, and special tariff preference programs associated with this code. Adhering to these regulations and taking advantage of trade agreements can lead to successful and cost-effective international trade transactions.