Knotted netting of twine, cordage, or rope made from textile materials is classified under HS Code 56089030. This code specifically excludes fish netting and nets, as well as cotton or manmade mat materials.
When it comes to international trade, countries often impose certain duties or tariffs on imported goods. The bound or Most Favored Nation (MFN) duty rate for HS Code 56089030 is 5%. This means that every time a country lowers a trade barrier or opens up a market, it must do so for the same type of goods or services from all its trading partners.
The quantity unit used for this HS code is kilograms (KG). This unit helps in measuring the weight of the knotted netting being imported or exported.
There are special tariff preference programs in place for HS Code 56089030. These programs offer reduced or zero-duty rates for certain countries. The countries and their corresponding tariff rates for this HS code are as follows:
These special tariff preference programs aim to promote trade and economic cooperation between countries by providing favorable treatment for certain goods.
Importing and exporting of HS Code 56089030 can take place between various US states. The specific states involved in the import and export of this product may vary depending on market demand and production capabilities.
HS Code 56089030 refers to knotted netting of twine, cordage, or rope made from textile materials. It is subject to a 5% bound or MFN duty rate, but certain countries can enjoy reduced or zero-duty rates through special tariff preference programs. The quantity unit used for this HS code is kilograms (KG), and it can be imported or exported between different US states.