Textile fabrics are an essential component of various industries, including fashion, home furnishings, and industrial applications. They are versatile materials that can be used for clothing, upholstery, and even technical purposes. The HS Code 59031030 refers to a specific type of textile fabric that is impregnated, coated, covered, or laminated with polyvinyl chloride (PVC).
This HS code is used to classify textile fabrics that have undergone a specific treatment process involving PVC. The inclusion of PVC provides additional properties and functionalities to the fabric, making it suitable for various applications. The fabrics covered by this HS code are distinct from those classified under HS code 5902.
HS Code 59031030 encompasses textile fabrics that are not elsewhere specified or included (nesoi). These fabrics have been treated with PVC to enhance their performance and durability. The treatment process can involve impregnating the fabric with PVC, coating it with a layer of PVC, covering it with PVC, or laminating it with PVC.
The use of PVC in these fabrics provides several benefits. PVC is known for its excellent resistance to water, chemicals, and weathering, making the textile fabric suitable for outdoor and industrial applications. It also enhances the fabric's strength and abrasion resistance, extending its lifespan and making it more durable.
The bound / most favored nation (MFN) duty rate for HS Code 59031030 is 2.7%. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. The duty rate of 2.7% is applied to the import of textile fabrics treated with PVC under this HS code.
The quantity unit for HS Code 59031030 is square meters (M2). This unit is used to measure the area of the textile fabric. It provides a standard measurement that allows for easy comparison and calculation of quantities during international trade.
HS Code 59031030 is eligible for various special tariff preference programs in different countries. These programs provide preferential treatment in terms of duty rates or exemptions for imports of textile fabrics treated with PVC under this HS code. The countries and their respective special rates are as follows:
These special tariff preference programs aim to promote trade and economic cooperation between countries. By providing favorable duty rates or exemptions, they incentivize the import and export of textile fabrics treated with PVC under HS Code 59031030.
While the specific exporting US states are not mentioned in the provided data, the importing US state for HS Code 59031030 is New Mexico. This indicates that textile fabrics treated with PVC under this HS code are imported into the state of New Mexico in the United States.
It's important to note that the importing and exporting US states may vary depending on the specific trade agreements and business transactions between countries.
HS Code 59031030 plays a significant role in facilitating international trade of textile fabrics treated with PVC. Its classification and inclusion in various special tariff preference programs contribute to the growth and development of industries that rely on these specialized fabrics. By understanding the details and implications of this HS code, businesses and individuals can navigate the import and export of textile fabrics more effectively.