The HS Code 59039020 refers to textile fabrics made of man-made fibers that have been impregnated, coated, covered, or laminated with plastics. These fabrics must contain over 70% weight of rubber or plastics. This HS code is used to classify and identify this specific type of textile fabric for trade and customs purposes.
When it comes to trade barriers and market access, countries need to ensure that they provide the same treatment to all their trading partners for the same goods or services. This means that whenever a country lowers a trade barrier or opens up a market, it has to do so for all its trading partners. The bound or Most Favored Nation (MFN) duty rate for HS Code 59039020 is free, which means that there are no tariffs or duties applied to imports of this product.
The quantity unit for HS Code 59039020 is square meters (M2). This unit is used to measure the area of the textile fabric. It helps in determining the quantity of fabric being imported or exported.
There are also special tariff preference programs in place for HS Code 59039020. These programs offer preferential treatment in terms of lower or zero tariffs to certain countries. For example, the following countries enjoy duty-free treatment for imports of textile fabrics under this HS code:
On the other hand, Australia (AU) applies a 3% tariff rate on imports of textile fabrics under this HS code. Morocco (MA) applies a tariff rate of 0.8%.
Importing US states for HS Code 59039020 are not specified in the provided data. However, it is important to note that this information can vary and depend on the specific trade agreements and regulations between the exporting and importing countries.
HS Code 59039020 is used to classify textile fabrics made of man-made fibers that have been impregnated, coated, covered, or laminated with plastics. It is essential for businesses and customs authorities to correctly identify and classify products using HS codes to ensure smooth international trade. The special tariff preference programs and duty rates associated with this HS code provide valuable information for importers and exporters, allowing them to make informed decisions regarding trade and market access.