When it comes to international trade, the Harmonized System (HS) code plays a crucial role in classifying products. In this article, we will delve into HS Code 52104910, which pertains to 3- or 4-thread twill fabrics of cotton, including cross twill. These fabrics contain less than 85% cotton by weight and are mixed mainly or solely with man-made fibers. Additionally, they should not exceed 200 g/m2 in weight and must be made of yarn of different colors.
Twill fabrics are renowned for their diagonal weave pattern, which gives them a distinctive look and texture. They are widely used in the textile industry for various applications such as clothing, upholstery, and home furnishings. The HS Code 52104910 specifically focuses on twill fabrics of cotton that meet the aforementioned specifications.
One important aspect to consider in international trade is the bound or most favored nation (MFN) duty rate. This rate refers to the tariff imposed on a product when it is imported into a country. In the case of HS Code 52104910, the bound or MFN duty rate stands at 10%. It is worth noting that whenever a country lowers a trade barrier or opens up a market, it must extend the same treatment to all its trading partners for the same goods or services.
The quantity unit for HS Code 52104910 is square meters (m2). This unit of measurement is commonly used in the textile industry to quantify the area of fabric being traded. It provides a standardized method for buyers and sellers to determine the quantity of twill fabrics being imported or exported.
Special tariff preference programs can significantly impact the trade of products falling under HS Code 52104910. Several countries have established preferential rates for the importation of these fabrics, which can either be duty-free or subject to reduced tariffs. Let's take a closer look at the special tariff preference programs associated with this HS code:
These special tariff preference programs aim to enhance trade relations between countries and promote economic cooperation. By offering lower or no tariffs, they encourage the importation and consumption of twill fabrics of cotton, ultimately benefiting both exporters and importers.
In terms of importing, the United States is one of the major destinations for twill fabrics of cotton falling under HS Code 52104910. Various states within the US engage in the importation of these fabrics to cater to the demands of their local textile industries. Similarly, numerous countries around the world export twill fabrics of cotton to the US, taking advantage of the market opportunities presented by these fabrics.
HS Code 52104910 plays a significant role in facilitating international trade of 3- or 4-thread twill fabrics of cotton. It provides a standardized classification system, establishes duty rates, and promotes preferential treatment through special tariff preference programs. Understanding this HS code is crucial for importers, exporters, and industry professionals involved in the trade of twill fabrics of cotton.