HS Code 55012000: Synthetic Filament Tow of Polyesters
The HS Code 55012000 refers to synthetic filament tow made from polyesters. This article will provide a comprehensive overview of this product, including its description, duty rates, quantity unit, special tariff preference programs, and information about importing and exporting to the United States.
Product Description:
Synthetic filament tow of polyesters is a type of textile material that is made from polyester fibers. These fibers are formed into a continuous bundle, known as a tow, which is then used in various applications in the textile industry. This product is known for its strength, durability, and versatility, making it a popular choice for manufacturing fabrics and other textile products.
Duty Rates:
The bound / MFN (Most Favored Nation) duty rate for HS Code 55012000 is 7.5%. This means 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 duty rate applies to imports of synthetic filament tow of polyesters from any country.
Quantity Unit:
The quantity unit for HS Code 55012000 is kilograms (KG). This means that the weight of the imported or exported synthetic filament tow of polyesters is measured in kilograms.
Special Tariff Preference Programs:
There are several special tariff preference programs available for HS Code 55012000. These programs provide preferential treatment in terms of duty rates for importing countries. The following countries have special tariff rates for this product:
- Australia (Free)
- Bahrain (Free)
- Canada (NAFTA - duty-free treatment)
- Chile (Free)
- Israel (Free)
- Jordan (Free)
- Morocco (Free)
- Mexico (NAFTA - duty-free treatment)
- Oman (Free)
- Dominican Republic-Central American (DR-CAFTA)
- Peru (Free)
- Singapore (Free)
These special tariff preference programs aim to promote trade and economic cooperation between the importing countries and the exporting countries of synthetic filament tow of polyesters.
Importing US States:
HS Code 55012000 allows the importation of synthetic filament tow of polyesters into the United States. Importers can bring this product into any state within the country. The United States is a major market for textile products, and synthetic filament tow of polyesters is no exception. The importation of this product contributes to the growth of the textile industry in the United States.
Exporting US States:
HS Code 55012000 allows the exportation of synthetic filament tow of polyesters from the United States. Exporters from any state within the country can ship this product to various destinations around the world. The United States is known for its high-quality textile products, and synthetic filament tow of polyesters is one of the many products that contribute to the country's export industry.
HS Code 55012000 represents synthetic filament tow of polyesters, a versatile textile material used in various applications. This article provided a detailed overview of the product, including its description, duty rates, quantity unit, special tariff preference programs, and information about importing and exporting to the United States.
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