The HS Code 52062300 refers to a specific type of single cotton yarn. This article aims to provide a comprehensive understanding of the product description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting US states involved in this trade.
The product description for HS Code 52062300 is as follows: single cotton yarn, less than 85 percent cotton by weight, of combed fibers, over 43 but not over 52 nm, and not put up for retail sale. This means that the yarn is made from combed fibers and contains less than 85% cotton by weight. The yarn has a thickness between 43 and 52 nm and is not packaged for retail sale.
The bound / MFN (Most Favored Nation) duty rate for HS Code 52062300 is 9.2%. This rate is applicable every time a country lowers a trade barrier or opens up a market. It ensures that the same goods or services from all trading partners receive equal treatment in terms of trade barriers and market access.
The quantity unit for HS Code 52062300 is kilograms (KG). This means that the measurement and pricing for this product are based on the weight of the yarn in kilograms.
Several special tariff preference programs apply to HS Code 52062300. These programs provide either duty-free treatment or reduced duty rates for importing countries. The following countries have special tariff rates for this HS Code:
These special tariff preference programs aim to promote trade and economic cooperation between the countries involved. By providing preferential treatment, they encourage the import and export of specific goods, such as single cotton yarn.
Unfortunately, the data provided does not specify the importing and exporting US states for HS Code 52062300. However, it is important to note that the United States is a significant player in the global textile industry, both as an importer and exporter. Cotton yarn is used in various textile products, including clothing, home furnishings, and industrial textiles.
HS Code 52062300 represents single cotton yarn made from combed fibers, containing less than 85% cotton by weight, and with a thickness between 43 and 52 nm. This yarn is not packaged for retail sale. The bound / MFN duty rate for this HS Code is 9.2%, and the quantity unit is kilograms (KG). Several special tariff preference programs offer duty-free or reduced duty rates for importing countries. While the specific importing and exporting US states are not mentioned, the United States plays a significant role in the global textile industry.