Printed woven fabrics of synthetic staple fibers are a type of textile that falls under the HS code 55134990. This code is used to classify and categorize products for import and export purposes. In this article, we will explore the characteristics, uses, and trade regulations associated with this particular HS code.
The product description for HS code 55134990 specifies that it refers to printed woven fabrics made of synthetic staple fibers. These fabrics contain less than 85% by weight of such fibers and are mixed mainly or solely with cotton. The fabric weight should not exceed 170g/m2. This particular classification is used to differentiate these fabrics from other types of textiles in international trade.
The bound / MFN duty rate for HS code 55134990 is 8.5%. This means that whenever a country reduces a trade barrier or opens up its market, it must do so for the same goods or services from all its trading partners. The 8.5% duty rate is applicable to imports of printed woven fabrics of synthetic staple fibers falling under this HS code.
The quantity unit for HS code 55134990 is square meters (M2). This measurement is used to determine the quantity of fabric being imported or exported. It provides a standardized unit of measurement that is universally recognized and understood.
There are several special tariff preference programs associated with HS code 55134990. These programs provide preferential treatment in terms of duty rates for countries that are part of these agreements. The following are some examples of special tariff preference programs for this HS code:
These special tariff preference programs aim to promote trade and strengthen economic ties between participating countries. They incentivize the import and export of printed woven fabrics of synthetic staple fibers by reducing or eliminating import duties.
HS code 55134990 applies to both importing and exporting activities involving printed woven fabrics of synthetic staple fibers. The specific states involved in these trade transactions may vary depending on the nature and volume of trade. Some of the commonly involved importing and exporting US states for this HS code include:
These states play a significant role in the import and export of printed woven fabrics of synthetic staple fibers, and their involvement contributes to the overall trade dynamics related to this HS code.
HS code 55134990 represents printed woven fabrics of synthetic staple fibers that are mixed mainly or solely with cotton and have specific weight and composition requirements. The bound / MFN duty rate, quantity unit, special tariff preference programs, and importing/exporting US states are all important factors to consider when engaging in trade activities involving this HS code.