The HS Code 54025900 refers to yarn made of synthetic filaments, which is not put up for retail sale. This article will provide a comprehensive understanding of this HS code, including its product description, duty rates, quantity unit, special tariff preference programs, and the importing/exporting US states.
HS Code 54025900 specifically covers yarn made of synthetic filaments, not elsewhere specified or included (nesoi). It refers to single yarn with a twist exceeding 50 turns per meter (tpm), which is not packaged or labeled for direct sale to end consumers. This code is used to classify and identify this particular type of yarn in international trade.
The bound or most-favored-nation (MFN) duty rate for HS Code 54025900 is 8%. This means that every country must apply this rate when importing or exporting this type of yarn. The MFN principle ensures that trade barriers are lowered or removed consistently for all trading partners, promoting fair and equal treatment in international trade.
The quantity unit for HS Code 54025900 is kilograms (KG). This unit is used to measure the weight of the yarn being imported or exported. It provides a standardized measure for trade transactions and facilitates accurate invoicing, pricing, and logistical planning.
HS Code 54025900 is eligible for various special tariff preference programs. These programs offer reduced or eliminated duty rates for specific countries or regions. The following countries and regions provide special tariff preferences for yarn of synthetic filaments (HS Code 54025900):
These special tariff preference programs aim to promote trade and economic cooperation between the countries or regions involved. They encourage the exchange of goods and services by reducing or eliminating trade barriers such as import duties.
HS Code 54025900 is used for both importing and exporting yarn of synthetic filaments in the United States. The specific states involved in the import and export of this product may vary depending on market demand and trade relationships. However, some notable states that are often involved in these transactions include:
These states have well-established textile industries and serve as major hubs for international trade in yarn and textile products.
HS Code 54025900 represents yarn made of synthetic filaments that are not packaged for retail sale. It is subject to an 8% duty rate, with the quantity unit being kilograms (KG). Various special tariff preference programs provide reduced or duty-free treatment for this HS code, fostering international trade. The importing and exporting of this product involve various US states, with California, Texas, and New York being prominent players in the market.