Quilted textile products are a popular choice for both comfort and style. These products, classified under HS Code 58110030, are made of one or more layers of fabric assembled with padding. The padding provides extra warmth and softness, making these products perfect for cold nights or as decorative elements in any room.
The HS Code 58110030 specifically refers to quilted textile products that do not include embroidery. Embroidery can add intricate designs and patterns to textiles, but in this case, we focus on the simplicity and elegance of quilted pieces. These products are made of man-made fibers, ensuring durability and easy maintenance.
When it comes to international trade, countries often have trade barriers and tariffs in place to protect their domestic industries. However, with the HS Code 58110030, we see a relatively low bound or most-favored-nation (MFN) duty rate of 8%. This means that every time a country lowers a trade barrier or opens up its market, it must do so for the same goods or services from all its trading partners.
The quantity unit for measuring quilted textile products is square meters (M2). This unit is used to determine the size and coverage of the product, allowing for accurate pricing and trading.
There are also special tariff preference programs in place for HS Code 58110030. Some countries offer duty-free treatment for these products, while others have a reduced duty rate. For example, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Morocco, Mexico (under NAFTA), Oman, Peru, Singapore, and the Dominican Republic-Central America (under DR-CAFTA) offer duty-free treatment. Australia, on the other hand, offers a reduced duty rate of 3%.
In terms of importing and exporting these quilted textile products, the United States is a major player. Various states within the US both import and export these products. This indicates a strong demand for quilted textiles within the country and the potential for international trade partnerships.
Overall, HS Code 58110030 represents quilted textile products made of man-made fibers. These products offer both comfort and style, making them a popular choice for consumers worldwide. With low duty rates and special tariff preference programs in place, international trade of these products is encouraged. As the demand for quilted textiles continues to grow, it is important for countries to establish fair trade practices and open up markets for these goods.