HS Code 52084960: Woven Fabrics of Cotton, nesoi, 85% or more cotton by weight
Woven fabrics of cotton are an essential part of the textile industry. They are used in various applications such as clothing, home textiles, and industrial products. The HS Code 52084960 specifically refers to woven fabrics of cotton that contain 85% or more cotton by weight. These fabrics have a weight not exceeding 200 grams per square meter. Furthermore, they are classified under numbers 43-68, indicating the density and thickness of the fabric.
Importing and exporting these fabrics requires an understanding of the HS Code system. The HS Code, also known as the Harmonized System Code, is an internationally recognized classification system for traded goods. It helps standardize the classification of products, making it easier for customs officials and traders to identify and classify goods.
The bound or Most Favored Nation (MFN) duty rate for HS Code 52084960 is 9.7%. 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. This ensures fair and equal treatment for all countries involved in international trade.
The unit of measurement for these fabrics is square meters (M2). This standard unit allows for accurate measurement and calculation of quantities during import and export processes.
Several special tariff preference programs exist for HS Code 52084960. These programs provide preferential treatment in terms of duty rates for specific countries. The following countries enjoy special rate preferences for importing these fabrics:
- Bahrain (BH)
- Canada (CA) under NAFTA (duty-free treatment)
- Chile (CL)
- Israel (IL) with duty-free treatment
- Jordan (JO)
- Mexico (MX) under NAFTA
- Oman (OM)
- Panama (P)
- Peru (PE)
- Singapore (SG)
Additionally, Australia (AU) enjoys a special rate of 3% for importing these fabrics, while Morocco (MA) has a special rate of 0.9%.
Importing and exporting of HS Code 52084960 fabrics involve various US states. These fabrics are imported by states across the United States and exported to different states within the country. The specific states involved in the import and export of these fabrics can vary based on the trading patterns and demands of the market.
HS Code 52084960 represents woven fabrics of cotton, containing 85% or more cotton by weight. The code provides a standardized classification for these fabrics, ensuring fair trade practices. Understanding the HS Code system and the special tariff preference programs associated with this code is crucial for importers and exporters of these fabrics. By adhering to the regulations and guidelines outlined by the HS Code system, businesses can navigate the international trade landscape effectively and efficiently.
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