Printed woven fabrics of cotton, nesoi, < 85% cotton by weight, mixed mainly/solely with man-made fibers, weighing more than 200g/m2, fall under HS code 52115900. This code is used to classify and identify this specific type of fabric for international trade purposes.
The product description provides important details about the fabric. It specifies that the fabric is made of cotton, but the cotton content is less than 85% by weight. It is mixed mainly or solely with man-made fibers. Additionally, the fabric weighs more than 200g/m2. These specifications help differentiate it from other fabrics and determine its classification under the HS code.
When importing or exporting goods classified under HS code 52115900, it is essential to be aware of the bound/MFN (Most Favored Nation) duty rate. The bound/MFN duty rate for this particular HS code is 8.1%. The MFN principle ensures 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. This promotes fair and equal trade practices among nations.
The quantity unit for this HS code is square meters (M2). It indicates that the measurement and pricing of the fabric are based on the area in square meters.
Several special tariff preference programs exist for goods classified under HS code 52115900. These programs offer reduced or zero tariff rates for specific countries. The countries and their corresponding tariff rates are as follows:
These special tariff preference programs are designed to promote trade and foster economic relationships between countries, offering benefits such as duty-free treatment or reduced tariffs.
When importing goods classified under HS code 52115900 into the United States, it is crucial to consider the specific states involved in the trade. Similarly, when exporting these goods from the United States, the destination states play a significant role. The importing and exporting US states can affect factors such as transportation costs, customs procedures, and market demand.
understanding HS code 52115900 is essential for anyone involved in the international trade of printed woven fabrics of cotton, nesoi. The code provides detailed information about the fabric's composition, weight, and special tariff preferences. Being aware of the bound/MFN duty rate, quantity unit, and the importing/exporting US states can help facilitate smooth trade operations and maximize trade benefits.