HS Code 55161100: Woven Fabrics of Artificial Staple Fibers
Woven fabrics play a crucial role in numerous industries, from fashion and textiles to home furnishings and upholstery. One specific category of woven fabrics that falls under HS Code 55161100 is woven fabrics of artificial staple fibers. These fabrics contain 85% or more by weight of such fibers and can be either unbleached or bleached.
HS Code 55161100 is an internationally recognized code that helps classify and identify this particular type of woven fabric. This code is used by customs authorities and traders worldwide to facilitate the smooth flow of international trade. It ensures that the same goods are classified uniformly across different countries, allowing for fair and consistent trade practices.
When importing or exporting woven fabrics of artificial staple fibers under HS Code 55161100, it is essential to be aware of the applicable duty rates. The bound or most-favored-nation (MFN) duty rate for this category is 14.9%. This means that every time a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners.
The quantity unit for this HS Code is square meters (M2). This unit of measurement helps determine the size and quantity of the woven fabrics being traded. It ensures accurate calculations and enables efficient customs clearance processes.
Several special tariff preference programs exist for woven fabrics of artificial staple fibers under HS Code 55161100. These programs provide specific duty rates for imports from certain countries. Let's explore some of these special rates:
1. Free Trade Agreement (FTA) countries:
- Bahrain (BH)
- Canada (CA) under NAFTA (duty-free treatment)
- Chile (CL)
- Israel (IL) - duty-free treatment
- Jordan (JO)
- Mexico (MX) under NAFTA
- Oman (OM)
- Panama (P) under the Dominican Republic-Central American Free Trade Agreement (DR-CAFTA)
- Peru (PE)
- Singapore (SG)
2. Australia (AU) special rate of 3% under a specific tariff preference program.
3. Morocco (MA) special rate of 1.5% under a specific tariff preference program.
These special tariff preference programs aim to promote trade and economic cooperation between countries. They provide benefits such as reduced or duty-free treatment for imports, which can significantly impact the cost and competitiveness of woven fabrics of artificial staple fibers.
When it comes to importing woven fabrics of artificial staple fibers under HS Code 55161100 into the United States, various states serve as major importers. Some of these states include California, Texas, New York, Florida, and Illinois. These states have a significant demand for these fabrics due to their thriving textile and fashion industries.
Similarly, when exporting woven fabrics of artificial staple fibers from the United States, it is essential to consider the major destinations. Some of the exporting states in the US include North Carolina, South Carolina, California, Georgia, and Alabama. These states have a strong presence in the textile manufacturing sector and serve as key exporters of such fabrics.
HS Code 55161100 encompasses woven fabrics of artificial staple fibers, containing 85% or more by weight of such fibers, whether unbleached or bleached. Understanding this code, along with the applicable duty rates and special tariff preference programs, is crucial for traders and importers/exporters in the woven fabric industry. By adhering to these regulations and taking advantage of preferential trade agreements, businesses can enhance their competitiveness and expand their market reach.
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