HS Code 52093160 refers to dyed, plain weave fabrics of cotton that contain 85% or more cotton by weight. These fabrics weigh more than 200 g/m2 and are not otherwise specified (nesoi). This HS code is used to classify and identify this specific type of cotton fabric in international trade.
When importing or exporting products under HS Code 52093160, it is important to understand the relevant information, such as the duty rate, quantity unit, and any special tariff preference programs that may apply. Let's explore these details further:
The bound / MFN duty rate for products classified under HS Code 52093160 is 8.4%. The MFN (Most-Favored Nation) duty rate is the rate applied to imports from all trading partners when a country lowers a trade barrier or opens up a market. This means that if a country reduces the duty rate for this product, it must do so for all its trading partners equally.
The quantity unit used for products under HS Code 52093160 is square meters (M2). This unit of measurement helps to determine the area of fabric being imported or exported.
There are several special tariff preference programs that may apply to products classified under HS Code 52093160. These programs offer reduced or duty-free rates for specific trading partners. Here is a breakdown of some of the programs and the corresponding rates:
These special tariff preference programs aim to promote trade and economic cooperation between the participating countries by reducing trade barriers and facilitating the flow of goods.
HS Code 52093160 is used for both importing and exporting dyed, plain weave fabrics of cotton. The specific states within the United States that engage in the import and export of these products may vary. However, some key states involved in the textile industry and international trade include California, Texas, New York, Georgia, and North Carolina.
Understanding the details and implications of HS Code 52093160 is crucial for importers, exporters, and anyone involved in the international trade of dyed, plain weave fabrics of cotton. By familiarizing themselves with the duty rates, quantity unit, and special tariff preference programs, businesses can make informed decisions and maximize the benefits of global trade opportunities.