Waterproof footwear is an essential item for many individuals, especially those who work outdoors or engage in outdoor activities. HS Code 64019980 refers to waterproof footwear that is not mechanically assembled and has outer soles. Furthermore, this type of footwear has 90% of its external surface area of uppers made of rubber or plastics, and it does not cover the ankle.
When it comes to international trade, countries often impose trade barriers or restrictions to protect their domestic industries. However, the World Trade Organization (WTO) promotes free trade, encouraging countries to lower these barriers and open up their markets. The Bound / MFN (Most Favored Nation) duty rate ensures that whenever a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. In the case of HS Code 64019980, the Bound / MFN duty rate is free.
The quantity unit for waterproof footwear under HS Code 64019980 is pairs (PRS). This unit indicates that the measurement and trading of this product are based on pairs of footwear.
Various countries have established special tariff preference programs for certain goods, including waterproof footwear. These programs offer different duty rates to promote trade and economic cooperation. Here are some examples of special tariff preference programs and their specific duty rates for HS Code 64019980:
These special tariff preference programs aim to support specific trading relationships and provide benefits to countries involved in these programs.
While HS Code 64019980 is used for waterproof footwear, it is important to note the specific states involved in importing and exporting this product. For importation into the United States, the states of Minnesota and Virginia are key players. On the other hand, the exporting states are not specified in the available data.
Waterproof footwear under HS Code 64019980 serves a crucial purpose in various industries and activities. Understanding the specific details, duty rates, and special tariff preference programs associated with this HS code can facilitate smoother international trade and benefit both importers and exporters.