HS Code 52064200: Multiple or Cabled Cotton Yarn
Cotton yarn is a versatile and widely used material in the textile industry. It is utilized in the production of various textile products such as clothing, home furnishings, and industrial textiles. The HS Code 52064200 specifically refers to multiple or cabled cotton yarn, which has certain specifications and restrictions.
The product description for HS Code 52064200 states that the cotton yarn must contain less than 85% cotton by weight and must be made of combed fibers. Additionally, the single yarn should have a count of over 14 but not exceeding 43 nm. It is important to note that this type of cotton yarn is not intended for retail sale.
When importing or exporting goods classified under HS Code 52064200, it is essential to be aware of the applicable duty rates. The bound or most favored nation (MFN) duty rate for this code is 9.2%. 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 HS Code 52064200 is kilograms (KG). This unit of measurement is commonly used in international trade to determine the weight of the cotton yarn being imported or exported.
In terms of special tariff preference programs, certain countries offer favorable treatment for imports of multiple or cabled cotton yarn classified under HS Code 52064200. Australia, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Mexico (under NAFTA), Oman, Peru, Singapore, and the Dominican Republic-Central American countries (under DR-CAFTA) provide free or reduced tariff rates for this product. The specific details of these special rates can vary, but it is important for importers and exporters to take advantage of these programs to save on duties and promote trade.
For businesses involved in the import and export of multiple or cabled cotton yarn, understanding the importing US states and exporting US states is crucial. This information helps identify potential trade partners and market opportunities. Additionally, it allows businesses to comply with any specific requirements or regulations imposed by certain states.
HS Code 52064200 refers to multiple or cabled cotton yarn with specific characteristics and restrictions. Importers and exporters should be aware of the duty rates, quantity unit, and special tariff preference programs associated with this code. Understanding the importing and exporting US states is also important for businesses involved in the trade of this product. By staying informed and taking advantage of favorable trade programs, businesses can optimize their operations and foster international trade relationships.
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