Rubberized textile fabrics are a type of textile material that has been treated with rubber or a rubber-like substance to enhance its strength, durability, and resistance to water or other liquids. These fabrics are commonly used in various industries, including automotive, construction, and apparel manufacturing.
The HS Code 59069925 specifically refers to rubberized textile fabrics that are not knitted or crocheted and are made of man-made fibers. The fabric should contain not more than 70% of rubber or plastics by weight. This HS code helps in identifying and classifying these textile fabrics for international trade purposes.
When it comes to international trade, the HS code plays a crucial role in determining the customs duties and tariff rates applicable to imported or exported goods. In the case of HS Code 59069925, the bound or most-favored-nation (MFN) duty rate is free. This means that countries are not required to pay any customs duties when importing or exporting rubberized textile fabrics under this HS code.
However, it is important to note that some countries have special tariff preference programs in place that provide additional benefits or lower duty rates for specific trading partners. For HS Code 59069925, the following countries offer special tariff rates:
These special tariff preference programs aim to promote trade and economic cooperation between the participating countries. Importers and exporters dealing with rubberized textile fabrics under HS Code 59069925 should take advantage of these programs to reduce their customs duties and enhance their competitiveness in the global market.
Regarding the quantity unit, rubberized textile fabrics are measured in square meters (M2). This unit of measurement helps in determining the size and quantity of the fabric being imported or exported.
It is worth mentioning that the data provided in this article indicates that the product has been imported into the state of New Mexico in the United States. However, the exporting states are not specified. The use of HS Code 59069925 in New Mexico suggests that there is a demand for rubberized textile fabrics in various industries within the state.
HS Code 59069925 represents rubberized textile fabrics made of man-made fibers, not knitted or crocheted, and containing less than 70% rubber or plastics by weight. This HS code helps in identifying and classifying these fabrics for international trade purposes. Importers and exporters should be aware of the bound duty rate and special tariff preference programs available to reduce customs duties and enhance trade relations. The use of square meters as the quantity unit facilitates accurate measurement and trade transactions.
More on HS code 59069925