The HS Code 54021130 refers to a specific type of product - single high tenacity yarn of aramids - that is not put up for retail sale. This article aims to provide in-depth information about this HS code, including its product description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting US states related to this code.
The product described under HS Code 54021130 is a single high tenacity yarn made of aramids. Aramids are a class of strong synthetic fibers known for their exceptional heat resistance, high strength, and excellent resistance to abrasion and chemicals. This specific yarn is designed for industrial applications and is not intended for retail sale.
Aramid yarns find applications in various industries, including aerospace, automotive, construction, and protective clothing manufacturing. They are commonly used to reinforce composites, such as in the production of bulletproof vests, helmets, and high-performance tires.
The bound or Most Favored Nation (MFN) duty rate for HS Code 54021130 is 8.8%. The MFN duty rate applies every time a country lowers a trade barrier or opens up a market. It ensures that the same goods or services receive the same treatment from all trading partners of a country. Importers need to consider this duty rate when calculating the total cost of importing this product.
The quantity unit for HS Code 54021130 is kilograms (KG). This means that the product is measured and traded in weight units of kilograms. Importers and exporters must accurately declare the weight of the product in kilograms when engaging in international trade.
HS Code 54021130 is eligible for various special tariff preference programs. These programs provide certain countries with preferential treatment, including duty-free or reduced-duty rates. The following countries have special tariff preference programs for this HS code:
The special tariff preference programs allow importers from these countries to benefit from reduced or eliminated duty rates when importing HS Code 54021130. It is important for importers to check the specific requirements and eligibility criteria of each program before engaging in trade.
As an international trade code, HS Code 54021130 is also associated with importing and exporting US states. This means that certain states within the United States have a higher volume of imports or exports related to this HS code. However, the specific importing and exporting US states data is not provided in the given information.
Understanding the importing and exporting US states associated with HS Code 54021130 can be useful for businesses to identify potential markets, trading partners, and supply chains. It can help importers and exporters strategize their operations and target specific regions within the United States for trade.
HS Code 54021130 represents a single high tenacity yarn of aramids that is not put up for retail sale. This article provided a comprehensive overview of the product description, duty rates, quantity unit, special tariff preference programs, and the importance of understanding the importing and exporting US states related to this HS code. Importers and exporters should be aware of these details to ensure compliance with regulations and optimize their international trade activities.