Woven fabrics of artificial staple fibers, with a composition of less than 85% by weight of such fibers, mixed mainly or solely with man-made filaments, and either unbleached or bleached, fall under the HS code 55162100. This code is used to classify and identify these specific types of fabrics in international trade.
When importing or exporting goods classified under HS code 55162100, it is important to be aware of the relevant information related to duty rates, quantity units, and any special tariff preference programs that may apply. This article aims to provide a comprehensive overview of these aspects and shed light on the implications of importing or exporting woven fabrics of artificial staple fibers.
HS code 55162100 pertains to woven fabrics made of artificial staple fibers. These fabrics are composed of less than 85% by weight of artificial staple fibers and are mixed mainly or solely with man-made filaments. They can be either unbleached or bleached, depending on the specific requirements or preferences of the buyer or end-user.
The bound or most-favored-nation (MFN) duty rate for goods classified under HS code 55162100 is 14.9%. This duty rate is applicable whenever a country lowers a trade barrier or opens up a market. It ensures that the same goods or services from all trading partners receive equal treatment in terms of trade barriers and market access.
The quantity unit for goods classified under HS code 55162100 is square meters (M2). This unit is used to measure the surface area of the woven fabrics. It provides a standardized and uniform measurement to facilitate accurate and consistent trade transactions.
Several countries and territories offer special tariff preference programs for goods classified under HS code 55162100. These programs aim to promote trade and economic cooperation between the participating countries. The following is a list of the special tariff preference programs and the corresponding duty rates:
These special tariff preference programs provide eligible countries with preferential duty rates or duty-free treatment, depending on the program in place. Importers and exporters should be aware of these programs to take advantage of any cost-saving opportunities and maximize their competitiveness in the market.
Goods classified under HS code 55162100 can be imported into various states within the United States. Importers should comply with the relevant regulations and requirements of the specific state they are importing into. Some of the notable states for importing goods under this HS code include but are not limited to:
Importers should familiarize themselves with the specific import procedures, documentation, and any additional requirements imposed by the individual states to ensure smooth and compliant importation of woven fabrics of artificial staple fibers.
Goods classified under HS code 55162100 can be exported from various states within the United States. Exporters should comply with the relevant regulations and requirements of the specific state they are exporting from. Some of the notable states for exporting goods under this HS code include but are not limited to:
Exporters should ensure they have a thorough understanding of the export procedures, documentation, and any additional requirements imposed by the individual states to facilitate smooth and compliant exportation of woven fabrics of artificial staple fibers.