Stockings, socks, and other similar products made of synthetic fibers are classified under HS Code 61159690. This code is used to identify and categorize these specific types of textile products for international trade purposes. It is important to understand the details of this code, including the product description, duty rates, quantity unit, and special tariff preference programs.
The HS Code 61159690 refers to stockings, socks, and similar items that are not specified elsewhere. These products are knitted or crocheted using synthetic fibers, excluding those that contain lace or net. It is crucial to note that this code specifically applies to this particular type of textile product.
The bound / most-favored nation (MFN) duty rate for HS Code 61159690 is 14.6%. 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 is the percentage of the product's value that needs to be paid as a tariff when importing or exporting.
The quantity unit for HS Code 61159690 is a dozen pairs (DPR). This means that the products are measured and traded in groups of twelve pairs. It provides a standard unit of measurement for stocking and sock products, simplifying the trading process.
Several special tariff preference programs apply to HS Code 61159690. These programs offer different tariff rates or exemptions for importing and exporting countries. The following are the special tariff preference programs associated with this HS Code:
These programs allow certain countries to enjoy reduced or waived tariff rates when importing or exporting stockings, socks, and similar products under HS Code 61159690. It helps facilitate trade and economic cooperation between countries.
Although specific data regarding the importing US states is not provided, HS Code 61159690 can be imported into any state within the United States, including North Carolina. The code allows for the importation of stockings, socks, and similar products made of synthetic fibers into the country.
The data does not specify the exporting US states for HS Code 61159690. However, this code enables any state within the United States to export stockings, socks, and similar products made of synthetic fibers to other countries.
HS Code 61159690 represents stockings, socks, and similar products made of synthetic fibers. It is important to understand the product description, duty rates, quantity unit, and special tariff preference programs associated with this code for international trade purposes. The code allows for the importation and exportation of these products, promoting trade and economic cooperation between countries.