HS Code 55091100 refers to a specific type of yarn that is made from nylon or polyamide staple fibers. This yarn is used in various industries for manufacturing purposes and is not intended for retail sale. In this article, we will explore the details of this HS code and its implications for international trade.
According to the product description, the yarn covered by HS Code 55091100 must contain 85% or more by weight of nylon or polyamide staple fibers. The term "singles" indicates that the yarn is not twisted or plied, but rather consists of individual fibers. This specific composition of the yarn determines its classification under this HS code.
When it comes to trade barriers and market access, countries need to maintain a level playing field. The bound or most favored nation (MFN) duty rate for HS Code 55091100 is 9.4%. 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 principle ensures fair and equal treatment in international trade.
The quantity unit for HS Code 55091100 is kilograms (KG). This unit of measurement is used when reporting the quantity of yarn being imported or exported. It provides a standardized way to track and compare trade volumes across different countries and markets.
In terms of special tariff preference programs, there are certain countries that offer preferential treatment for imports of yarn classified under HS Code 55091100. These programs aim to promote trade and economic cooperation between countries. The following countries provide special tariff rates for this HS code:
These special tariff rates or duty-free treatments make it more attractive for exporters and importers to engage in trade of yarn under HS Code 55091100 with the countries mentioned above. It creates opportunities for businesses to expand their market reach and benefit from preferential access to these markets.
When it comes to importing this specific type of yarn into the United States, there are no restrictions on the states from which it can be imported. However, it is worth noting that Delaware is listed twice in the data provided. This repetition could be a typographical error or indicate a higher volume of imports from Delaware compared to other states.
HS Code 55091100 covers yarn made from nylon or polyamide staple fibers, with a specific composition and not intended for retail sale. It has a bound or MFN duty rate of 9.4% to ensure equal treatment in international trade. The quantity unit is kilograms, and there are special tariff preference programs offered by various countries, including duty-free treatment and special rates. Importing this yarn into the United States is not restricted to specific states, as indicated by the data provided.