The HS Code 55033000 refers to synthetic (acrylic or modacrylic) staple fibers that are not carded, combed, or otherwise processed for spinning. These fibers are commonly used in the textile industry for various applications, including clothing, upholstery, and home furnishings.
When importing or exporting these fibers, it is important to understand the relevant trade policies and tariff rates. The bound/MFN (Most Favored Nation) duty rate for HS Code 55033000 is 4.3%. 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.
The quantity unit for this HS Code is kilograms (KG), which is the standard unit of measurement for international trade.
There are also special tariff preference programs that offer duty-free treatment for HS Code 55033000. Some of the countries that provide this special rate include Australia, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Morocco, Mexico (under NAFTA), Oman, the Dominican Republic (under DR-CAFTA), Peru, and Singapore.
When importing these fibers into the United States, various states can serve as points of entry. However, there is no specific information provided in the data regarding the exporting states within the US.
HS Code 55033000 refers to synthetic (acrylic or modacrylic) staple fibers that are not carded, combed, or otherwise processed for spinning. Understanding the trade policies, tariff rates, and special tariff preference programs can help importers and exporters navigate the international trade of these fibers more effectively.