Rubberized textile fabrics are an important category of products that fall under HS Code 59069120. These fabrics, which are knitted or crocheted, are made of man-made fibers and contain over 70% by weight of rubber or plastics. They are classified under this HS code and are subject to specific regulations and tariff rates when imported or exported.
The bound or most-favored-nation (MFN) duty rate for HS Code 59069120 is free. 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. Therefore, when these rubberized textile fabrics are imported or exported, they are not subject to any duty charges.
The quantity unit for HS Code 59069120 is square meters (M2). This unit is used to measure the area of the textile fabrics being imported or exported. It helps in determining the quantity and cost of these fabrics for trade purposes.
There are also special tariff preference programs applicable to HS Code 59069120. These programs offer preferential treatment in terms of duty rates for certain countries. For example, countries like Australia, Bahrain, Canada, Chile, Israel, Jordan, Mexico, Oman, Peru, Singapore, and the Dominican Republic-Central America (DR-CAFTA) region have special rates or duty-free treatment for the importation of rubberized textile fabrics under this HS code. Morocco has a special rate of 0.3% for these fabrics.
When it comes to importing HS Code 59069120 products into the United States, there is information about the specific states involved. New Mexico is mentioned multiple times as an importing state for these rubberized textile fabrics. It indicates that there is a demand for these products in New Mexico and that they are being imported from various countries.
Exporting US states for HS Code 59069120 are not specified in the given data. However, it is important to note that the United States is a major player in global trade, and these rubberized textile fabrics may be exported to various countries worldwide.
HS Code 59069120 represents rubberized textile fabrics made of man-made fibers, knitted or crocheted, with over 70% rubber or plastics content. These fabrics are subject to the bound or MFN duty rate, which is free. There are also special tariff preference programs that offer duty-free treatment or reduced rates for certain countries. The quantity unit for measurement is square meters (M2), and the data provided indicates the importation of these fabrics into New Mexico. Overall, this HS code plays a significant role in international trade and the global textile industry.