Tire cord fabric plays a crucial role in the manufacturing of high-quality tires, providing strength and durability to ensure the safety and performance of vehicles. HS Code 59021000 specifically refers to tire cord fabric made from high tenacity yarn of nylon or other polyamides. This article will explore the details of this HS code, including its product description, duty rates, quantity unit, and special tariff preference programs.
The product described under HS Code 59021000 is tire cord fabric made from high tenacity yarn of nylon or other polyamides. Tire cord fabric is a crucial component in the production of tires, as it provides the necessary reinforcement and strength. The high tenacity yarn used in this fabric ensures superior performance and longevity, making it an essential material for tire manufacturers.
The bound / MFN (Most Favored Nation) duty rate for HS Code 59021000 is 5.8%. This duty rate applies every time 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 5.8% duty rate is applicable to tire cord fabric imported under this HS code.
The quantity unit for tire cord fabric under HS Code 59021000 is kilograms (KG). This unit of measurement is used to quantify the weight of the imported or exported tire cord fabric. Importers and exporters must provide accurate information regarding the weight of the fabric in kilograms to ensure proper documentation and compliance with trade regulations.
Several special tariff preference programs are applicable to tire cord fabric under HS Code 59021000. These programs provide certain countries with preferential treatment or reduced duty rates. The following countries enjoy special tariff preferences for tire cord fabric:
These special tariff preference programs allow importers and exporters from the listed countries to enjoy reduced or duty-free treatment for tire cord fabric under HS Code 59021000. It encourages trade and strengthens economic relationships between these countries.
Tire cord fabric under HS Code 59021000 is imported and exported to various states within the United States. The importing US states include but are not limited to:
The exporting US states for tire cord fabric under HS Code 59021000 include states that are home to tire manufacturing facilities, such as:
These states play a significant role in the tire industry and contribute to both domestic and international trade of tire cord fabric.
HS Code 59021000 encompasses tire cord fabric made from high tenacity yarn of nylon or other polyamides. This product is essential for tire manufacturing and is subject to a 5.8% bound / MFN duty rate. The quantity unit used for this HS code is kilograms (KG). Various special tariff preference programs provide certain countries with preferential treatment or reduced duty rates for this product. Importing and exporting of tire cord fabric under this HS code occur between different US states and international markets.