HS Code 52112029: Bleached Woven Fabrics of Cotton
Bleached woven fabrics of cotton are versatile and widely used in various industries. They are known for their durability, softness, and breathability, making them a popular choice for clothing, home textiles, and other applications.
HS Code 52112029 specifically refers to bleached woven fabrics of cotton that contain less than 85% cotton by weight and are mixed mainly or solely with man-made fibers. These fabrics have a weight of more than 200g/m2, indicating their thickness and quality.
When it comes to international trade, understanding the HS code is crucial. The HS code is a standardized system for classifying and identifying traded products. It is used by customs authorities to determine the applicable duty rates, trade statistics, and regulatory controls for specific products.
For HS Code 52112029, the bound or most-favored-nation (MFN) duty rate is 8.4%. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. The duty rate ensures fair and equal treatment for all countries involved in international trade.
The quantity unit for this HS code is measured in square meters (M2). This unit of measurement helps in determining the quantity and pricing of the fabric during import-export transactions.
There are also special tariff preference programs associated with HS Code 52112029. These programs offer reduced or eliminated duty rates for specific countries. The following countries enjoy special tariff rates for this HS code:
- Bahrain (Free)
- Canada (NAFTA for duty-free treatment)
- Chile (Special Rate)
- Israel (Special Rate with duty-free treatment)
- Jordan (Special Rate)
- Mexico (NAFTA for duty-free treatment)
- Oman (Special Rate)
- Dominican Republic-Central America (DR-CAFTA Special Rate)
- Peru (Special Rate)
- Singapore (Special Rate)
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing trade barriers and facilitating the movement of goods.
Importing and exporting HS Code 52112029 requires compliance with customs regulations and documentation. Importing US states and exporting US states may have specific requirements and procedures that need to be followed. It is essential to consult with customs authorities and trade experts to ensure a smooth and compliant trade process.
HS Code 52112029 represents bleached woven fabrics of cotton that contain less than 85% cotton by weight, mixed mainly or solely with man-made fibers, and have a weight of more than 200g/m2. Understanding this HS code is crucial for importers, exporters, and customs authorities to determine the applicable duty rates and trade regulations. Awareness of special tariff preference programs can also provide opportunities for preferential treatment and cost savings in international trade.
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