Rubberized textile fabrics of cotton, knitted or crocheted, are classified under HS code 59069110. This code specifically refers to textile fabrics made of cotton that have been treated with rubber to enhance their properties and performance. These fabrics are commonly used in various industries such as automotive, medical, and sportswear, among others.
The HS code is an internationally recognized system for classifying goods in international trade. It helps to ensure uniformity and consistency in trade documentation and customs procedures across different countries. The HS code is used to determine the applicable customs duties, taxes, and regulatory requirements for a particular product.
Importers and exporters need to be familiar with the HS code of the products they trade to ensure compliance with customs regulations and to determine the cost implications of importing or exporting goods.
The product description for HS code 59069110 is "Rubberized textile fabrics of cotton, knitted or crocheted." This description indicates that the textile fabrics are made of cotton and have undergone a rubberizing process. The fabrics are either knitted or crocheted, which refers to the method of constructing the fabric.
Knitted fabrics are made by interlocking yarns in a series of loops, while crocheted fabrics are created by using a single hook to pull yarn through loops. Both knitting and crocheting result in flexible and stretchable fabrics, which can be further enhanced by rubberizing.
The bound / MFN (Most Favored Nation) duty rate for HS code 59069110 is 2.7%. 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 customs duties.
Importers are required to pay the applicable duty rate on the customs value of the imported goods. The duty rate may vary depending on the country of import. It is important for importers to verify the duty rate with the customs authorities of the importing country.
The quantity unit for HS code 59069110 is square meters (M2). This unit is used to measure the area of the textile fabrics. It helps in determining the quantity of fabric being imported or exported.
Importers and exporters should provide accurate information regarding the quantity unit to ensure correct classification and valuation of the goods.
HS code 59069110 is eligible for certain special tariff preference programs in various countries. These programs offer reduced or zero customs duties for imports from specific countries. The following are the special tariff preference programs applicable to this HS code:
These special rates are designed to promote trade and economic cooperation between countries. Importers can benefit from lower customs duties under these programs, which can result in cost savings and increased competitiveness.
While the data provided does not specify the exporting US states, it mentions that the product has been imported into New Mexico. New Mexico is a state in the southwestern part of the United States. The importation of HS code 59069110 into New Mexico suggests that there is a demand for rubberized textile fabrics of cotton, knitted or crocheted in this state.
Being aware of the importing US states can help manufacturers and exporters target specific markets and tailor their marketing strategies accordingly. Understanding the demand and preferences of different states can contribute to successful trade relationships and increased market share.
HS code 59069110 refers to rubberized textile fabrics of cotton, knitted or crocheted. It is important for importers, exporters, and other stakeholders to understand the details and implications of this HS code to ensure compliance with customs regulations and to optimize trade opportunities. The product description, bound / MFN duty rate, quantity unit, special tariff preference programs, and knowledge of importing US states are all crucial factors in international trade involving HS code 59069110.