Textile fabrics are an essential component of various industries, ranging from fashion and apparel to automotive and construction. These fabrics are versatile and can be made from natural or man-made fibers. One such category of textile fabrics is covered under the HS Code 59031020.
HS Code 59031020 refers to textile fabrics not elsewhere specified (nesoi), made of man-made fibers, and impregnated, coated, covered, or laminated with polyvinyl chloride (PVC). These fabrics must have a rubber or plastic content of over 70% by weight.
When importing or exporting goods, it is crucial to understand the HS Code and its implications. The HS Code is a standardized system used globally to classify and categorize products for international trade. It helps identify the specific nature of goods and determines applicable duties, regulations, and trade preferences.
The product description under HS Code 59031020 includes textile fabrics made from man-made fibers and treated with polyvinyl chloride. The PVC coating, covering, impregnation, or lamination adds durability, strength, and water resistance to the fabric. It is important to note that the rubber or plastic content should exceed 70% by weight for the fabric to fall under this HS Code.
The bound or most-favored-nation (MFN) duty rate for HS Code 59031020 is free. This means that every time a country lowers a trade barrier or opens up a market, it must provide the same treatment to all its trading partners for the same goods or services. This ensures fair and non-discriminatory trade practices.
The quantity unit for HS Code 59031020 is square meters (M2). It denotes the measurement used to quantify the fabric's surface area. This unit is commonly used in the textile industry to determine the quantity of fabric required or traded.
Several countries have special tariff preference programs for imports falling under HS Code 59031020. The applicable rates are as follows:
These special tariff preference programs aim to promote trade and economic cooperation between countries. They provide reduced or duty-free rates to encourage the import and export of specific goods, including textile fabrics under HS Code 59031020.
While the data provided does not specify the exporting US states, it highlights New Mexico as an importing state. This suggests that New Mexico has a demand for textile fabrics covered under HS Code 59031020. The importation of these fabrics indicates their use in various industries within the state, such as manufacturing, fashion, or construction.
HS Code 59031020 encompasses textile fabrics made of man-made fibers, impregnated, coated, covered, or laminated with polyvinyl chloride (PVC), and having over 70% rubber or plastic content. Understanding the HS Code is essential for importers, exporters, and policymakers to ensure proper classification, determine applicable duties, and leverage special tariff preference programs for international trade.