Twill fabrics are a popular choice in the textile industry due to their durability, versatility, and attractive diagonal weave pattern. HS Code 52114300 specifically refers to 3- or 4-Thread Twill Fabrics of Cotton, including cross twill, not elsewhere specified, with a cotton weight of less than 85%. These fabrics are typically mixed mainly or solely with man-made fibers, weighing over 200 grams per square meter, and consist of yarn of different colors.
When it comes to international trade, understanding the Harmonized System (HS) codes is essential. HS codes are standardized numerical codes used to classify products for customs and trade purposes. They help streamline global trade by providing a common language for product identification.
The bound / MFN (Most Favored Nation) duty rate for HS Code 52114300 is 8.1%. It is important to note that whenever 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 principle promotes fairness and equal treatment in international trade.
The quantity unit for HS Code 52114300 is square meters (M2). This unit of measurement is commonly used in the textile industry to determine the area of fabric being imported or exported.
Various special tariff preference programs exist for HS Code 52114300, offering different rates of duty based on the country of origin or destination. These programs aim to promote trade and economic cooperation between participating countries. The following are the special tariff preference programs applicable to HS Code 52114300:
These special tariff preference programs provide significant benefits to businesses involved in international trade, allowing them to access certain markets at reduced or zero-duty rates, promoting competitiveness and market expansion.
HS Code 52114300 is relevant for textile importers in the United States. Importers located in various states across the country can benefit from the import and distribution of 3- or 4-Thread Twill Fabrics of Cotton under this HS code.
US textile manufacturers and exporters from different states can utilize HS Code 52114300 to export their 3- or 4-Thread Twill Fabrics of Cotton to international markets. By understanding the specific requirements and tariff preferences associated with this HS code, exporters can effectively tap into global demand for these fabrics.
HS Code 52114300 encompasses 3- or 4-Thread Twill Fabrics of Cotton, which are widely used in the textile industry. Understanding the product description, duty rates, quantity unit, and special tariff preference programs associated with this HS code is crucial for businesses engaged in international trade. By leveraging the benefits provided by these programs, importers and exporters can enhance their competitiveness and expand their market reach.