When it comes to international trade, each product is classified under a specific code known as the Harmonized System (HS) code. The HS code 54083405 represents woven fabrics of artificial filament yarn nesoi, containing 36 percent or more by weight of wool or fine animal hair, printed. In this article, we will explore this HS code in detail, including its product description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting US states.
The HS code 54083405 refers to woven fabrics made from artificial filament yarn that contains 36 percent or more by weight of wool or fine animal hair. These fabrics are printed, adding decorative patterns or designs to enhance their visual appeal. They are commonly used in the textile industry for various applications such as clothing, upholstery, and home decor.
The bound or Most-Favored-Nation (MFN) duty rate for HS code 54083405 is free. This means 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 promotes fair and equal trade between nations.
The quantity unit for HS code 54083405 is square meters (M2). This unit is used to measure the area of the woven fabric, allowing for accurate estimation and calculation of the quantity being imported or exported.
Several special tariff preference programs are applicable to HS code 54083405:
These special tariff preference programs provide certain countries with reduced or zero-duty rates for importing or exporting HS code 54083405. It encourages trade between participating nations and promotes economic cooperation.
HS code 54083405 can be imported into various states of the United States. The specific importing states may vary depending on the demand and distribution networks. Some of the prominent importing states for this HS code include:
These states have a significant market for woven fabrics of artificial filament yarn nesoi, containing wool or fine animal hair, printed. Importers in these states play a vital role in the distribution and supply chain of such products.
HS code 54083405 can be exported from various states of the United States. The specific exporting states may vary depending on the production capabilities and international trade relations. Some of the prominent exporting states for this HS code include:
These states have a significant production capacity for woven fabrics of artificial filament yarn nesoi, containing wool or fine animal hair, printed. Exporters from these states contribute to the global supply of such products.
HS code 54083405 represents woven fabrics of artificial filament yarn nesoi, containing 36 percent or more by weight of wool or fine animal hair, printed. This article provided an extensive overview of the HS code, including its product description, duty rates, quantity unit, special tariff preference programs, and the importing and exporting US states. Understanding the HS code and its associated information is crucial for businesses involved in international trade.