The HS Code 53089090 refers to yarn made from other vegetable textile fibers, not elsewhere specified or included. This code is used to classify and identify this specific type of yarn in international trade.
Yarn is a continuous strand of fibers that is used in the production of textiles and fabrics. It is created by spinning or twisting fibers together to form a durable and versatile material. Yarn made from vegetable textile fibers offers a natural and sustainable alternative to synthetic fibers.
The bound or most-favored-nation (MFN) duty rate for HS Code 53089090 is free. This means that there are no import duties or taxes imposed on this type of yarn when it is traded between countries. The duty-free treatment applies every time a country lowers a trade barrier or opens up a market, and it must be applied to the same goods or services from all trading partners.
The quantity unit for HS Code 53089090 is kilograms (KG). This unit of measurement is used to determine the weight of the yarn being imported or exported.
There are also special tariff preference programs in place for HS Code 53089090. These programs offer additional benefits and exemptions for countries that qualify for them. The following countries have special tariff rates or duty-free treatment for this HS Code:
These special tariff preference programs provide incentives for trade and promote economic cooperation between the countries involved. They aim to reduce trade barriers and increase the competitiveness of goods traded under HS Code 53089090.
When importing yarn of HS Code 53089090 into the United States, the exporting country must comply with the regulations and requirements set by the US government. Similarly, when exporting this type of yarn from the US, the importing country's regulations and requirements must be met.
The HS Code 53089090 plays a crucial role in international trade by providing a standardized classification for yarn made from other vegetable textile fibers. It allows for seamless communication and understanding between trading partners and ensures fair and consistent treatment of goods in the global marketplace.