Footwear is an essential part of our daily lives, providing comfort, protection, and style. Among the various types of footwear available in the market, there is a specific category that falls under the HS Code 64052030. This HS code refers to footwear with outer soles made of materials other than rubber, plastics, leather, or composite leather, and uppers made of vegetable fibers that are not classified elsewhere.
When it comes to international trade, understanding the HS code is crucial as it helps in identifying and classifying different products. The HS code also provides valuable information regarding the import and export regulations, duty rates, and special tariff preference programs associated with a specific product.
The product description for HS Code 64052030 clearly outlines the key characteristics of the footwear falling under this category. The outer soles of these footwear items are made of materials other than rubber, plastics, leather, or composite leather. Additionally, the uppers of these shoes are specifically made from vegetable fibers, which sets them apart from other types of footwear.
The bound or most-favored-nation (MFN) duty rate for products falling under HS Code 64052030 is 7.5%. The MFN duty rate refers to the tariff rate that is applied to imported goods regardless of their origin. It ensures that every time 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. This principle promotes fair and non-discriminatory trade practices.
The quantity unit for footwear classified under HS Code 64052030 is pairs (PRS). This unit is used to measure the quantity of footwear being imported or exported.
Several special tariff preference programs are available for footwear falling under HS Code 64052030. These programs provide various benefits such as duty-free treatment or reduced duty rates for specific countries. The following countries and programs offer special rates for this category of footwear:
These special tariff preference programs aim to promote trade and economic cooperation between countries by providing preferential treatment for specific goods. Importers and exporters dealing with footwear falling under HS Code 64052030 should take advantage of these programs to reduce costs and enhance competitiveness in the global market.
Importers in the United States who wish to bring in footwear classified under HS Code 64052030 can do so in various states. The following states are known for importing this category of footwear:
These states have a significant demand for footwear made with vegetable fibers and offer potential markets for exporters looking to target the United States.
While the data provided does not specify the exporting states for footwear falling under HS Code 64052030, it is important to note that several states in the United States have a robust footwear manufacturing industry. States like California, Oregon, and New York are known for their footwear production and export activities. Exporters looking to supply this category of footwear can explore partnerships with manufacturers and exporters in these states to tap into the global market.
HS Code 64052030 encompasses a specific type of footwear made with vegetable fibers and characterized by outer soles of materials other than rubber, plastics, leather, or composite leather. Importers and exporters dealing with this category of footwear should familiarize themselves with the relevant regulations, duty rates, and special tariff preference programs to optimize their trading activities. Understanding the HS code and its associated information is essential for successful and compliant international trade in the footwear industry.