Footwear is an essential part of our everyday lives. From protecting our feet to making fashion statements, shoes serve a variety of purposes. HS Code 64029912 specifically refers to footwear with outer soles and uppers made of rubber or plastics, not including a protective metal toe-cap, and valued at no more than $3 per pair.
The products falling under HS Code 64029912 are shoes that feature a combination of rubber or plastic materials for both the sole and the upper part of the shoe. These shoes are not designed with a protective metal toe-cap. They are commonly used for casual wear and are available in various styles, colors, and sizes.
The bound / MFN duty rate for footwear under HS Code 64029912 is set at 24%. This means that every time a country lowers a trade barrier or opens up its market, it must do so for the same goods or services from all its trading partners.
The quantity unit for measuring footwear under HS Code 64029912 is pairs (PRS). This unit is used to determine the number of individual shoes being imported or exported.
Several countries and trade agreements offer special tariff preference programs for footwear under HS Code 64029912. These programs provide either duty-free treatment or reduced tariffs on imports. Here are the current special tariff preference programs:
These programs aim to promote trade and economic cooperation between countries, making it more affordable for consumers to access footwear products.
The following US states are known for importing footwear under HS Code 64029912:
These states have a demand for footwear made of rubber or plastics, offering a variety of choices to consumers.
The exporting US states for footwear under HS Code 64029912 were not specified in the available data. However, it is important to note that the United States is a significant player in the global footwear market, both as an importer and exporter.
HS Code 64029912 covers footwear with outer soles and uppers made of rubber or plastics, valued at no more than $3 per pair and without a protective metal toe-cap. Importers and exporters should be aware of the bound / MFN duty rate, special tariff preference programs, and the specific US states involved in the trade of these footwear products. By understanding the details of this HS code, businesses can make informed decisions and maximize their opportunities in the global footwear market.