The HS Code 55093100 refers to a specific type of yarn made from acrylic or modacrylic staple fibers. This yarn is classified as singles, meaning it consists of individual strands rather than being twisted or plied together. It is important to note that this particular HS code excludes sewing thread.
The yarn covered by HS Code 55093100 must contain 85% or more by weight of acrylic or modacrylic staple fibers. Acrylic fibers are synthetic and known for their softness, warmth, and durability. Modacrylic fibers, on the other hand, are also synthetic but have flame-retardant properties, making them suitable for certain applications.
When importing or exporting goods classified under HS Code 55093100, the quantity unit is kilograms (KG). This unit of measurement is used to determine the weight of the yarn being traded.
As for the duty rate, the bound or most-favored-nation (MFN) duty rate for products under HS Code 55093100 is 9%. The MFN principle states that when a country reduces trade barriers or opens up its market, it must do so for the same goods or services from all its trading partners. Therefore, the duty rate of 9% applies uniformly to this type of yarn regardless of the country of origin.
However, there are special tariff preference programs that offer reduced or duty-free rates for importers from specific countries. For HS Code 55093100, the following countries enjoy preferential treatment:
These special tariff preference programs allow importers from the listed countries to enjoy either duty-free treatment or a reduced duty rate of 0.9% for HS Code 55093100.
In terms of specific trade routes involving the United States, the data does not provide information on the exporting states. However, the importing states for this particular HS code are Delaware and Delaware.
HS Code 55093100 represents yarn made from acrylic or modacrylic staple fibers, singles, not intended for retail sale. The duty rate for this HS code is 9%, but certain countries can benefit from special tariff preference programs that offer reduced or duty-free rates. Importers from Delaware and Delaware are involved in the trade of this yarn within the United States.