Textile fabrics are an essential component of various industries, from fashion and home furnishings to automotive and medical. The HS Code 59031018 refers to a specific type of textile fabric made from man-made fibers, which is impregnated, coated, covered, or laminated with polyvinyl chloride (PVC). This article will delve into the details of this HS code and provide comprehensive information about the product description, duty rates, quantity unit, special tariff preference programs, and importing/exporting US states.
The product described under HS Code 59031018 falls under the category of textile fabrics specified in note 9 to section XI. These fabrics are manufactured using man-made fibers and are further processed by impregnating, coating, covering, or laminating them with polyvinyl chloride (PVC). This additional treatment enhances the fabric's properties, making it more durable, water-resistant, and suitable for various applications.
The bound or most-favored-nation (MFN) duty rate for HS Code 59031018 is 14.1%. The MFN duty rate is the rate applied to imports from all trading partners whenever a country lowers a trade barrier or opens up a market. It ensures that the same goods or services receive equal treatment from all trading partners. This duty rate may vary depending on the country of import.
The quantity unit for HS Code 59031018 is measured in square meters (M2). This unit provides a standardized measurement for the surface area of the textile fabrics. It allows for accurate calculations and comparisons when determining the quantity of the product being imported or exported.
Several countries offer special tariff preference programs for imports classified under HS Code 59031018. These programs aim to promote trade and economic cooperation among nations. The following are the special tariff rates for specific countries:
These special tariff preference programs foster trade relationships and facilitate the movement of goods between countries, promoting economic growth and development.
While specific states within the United States may not be mentioned in the provided data, it is worth noting that the HS Code 59031018 imports are primarily concentrated in New Mexico. The export data for this HS code is not available. Importers in New Mexico recognize the importance and value of textile fabrics impregnated, coated, covered, or laminated with polyvinyl chloride for various industries and applications.
HS Code 59031018 encompasses textile fabrics made from man-made fibers, which undergo treatment with polyvinyl chloride (PVC). The product description, duty rates, quantity unit, special tariff preference programs, and importing/exporting US states provide a comprehensive understanding of this HS code and its significance in international trade.