HS Code 55095130 refers to a specific type of yarn made from polyester staple fibers mixed mainly or solely with artificial staple fibers. This yarn is single, meaning it is not plied or twisted, and is not put up for retail sale. In this article, we will explore more about this HS code, including its product description, duty rates, quantity unit, special tariff preference programs, and the importing/exporting US states.
The product described by HS Code 55095130 is yarn made from polyester staple fibers mixed mainly or solely with artificial staple fibers. Polyester staple fibers are synthetic fibers derived from polyester polymer. These fibers are cut into short lengths and then spun into yarn. The yarn is single, which means it consists of a single strand and is not plied or twisted. It is important to note that this HS code specifically excludes sewing thread made from similar fibers.
The bound / Most Favored Nation (MFN) duty rate for HS Code 55095130 is 9.7%. The MFN principle ensures 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 the import of this yarn into various countries.
The quantity unit for HS Code 55095130 is kilograms (KG). This means that the weight of the yarn imported or exported is measured in kilograms. The quantity unit is crucial for determining the cost and logistics of international trade involving this product.
HS Code 55095130 is eligible for various special tariff preference programs in different countries. Some of these programs include:
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating import duties on specific goods.
While the data provided does not specify the importing and exporting US states for HS Code 55095130, it is important to note that the import and export of this yarn can occur between various US states. However, it is advisable to consult trade data or specific import/export regulations to determine the states involved in the trade of this particular product.
HS Code 55095130 refers to yarn made from polyester staple fibers mixed mainly or solely with artificial staple fibers. This yarn is single and not put up for retail sale. It attracts a bound / MFN duty rate of 9.7% and is measured in kilograms. It is eligible for special tariff preference programs in various countries, including duty-free treatment in several nations. While the importing and exporting US states are not specified, it is important to consider these factors when engaging in international trade involving this HS code.