The HS Code 64052060 refers to footwear that is not elsewhere specified or included, with soles and uppers made of wool felt. This code is used for the classification and identification of this specific type of footwear in international trade.
When importing or exporting goods, it is essential to correctly identify and classify them using the appropriate HS code. This code helps customs authorities determine the applicable duty rates, trade policies, and regulations for the specific product.
The product described under HS Code 64052060 is footwear made of wool felt. This type of footwear typically has both the soles and uppers made of this material. Wool felt is a textile material that is known for its warmth, durability, and comfort. It is commonly used in the production of winter footwear due to its insulating properties.
The bound / MFN (Most Favored Nation) duty rate for products classified under HS Code 64052060 is 2.5%. The MFN principle ensures that a country applies the same trade barriers or market opening measures to all its trading partners for the same goods or services. Therefore, any country lowering a trade barrier or providing market access must do so for all its trading partners.
The quantity unit for the product classified under HS Code 64052060 is pairs (PRS). This unit indicates that the goods are measured and traded in pairs of footwear.
There are several special tariff preference programs available for footwear classified under HS Code 64052060. These programs offer reduced or zero-duty rates for specific countries. The following countries or regions have special tariff rates for this product:
These special tariff preference programs aim to promote trade and economic cooperation between the countries involved. Importers and exporters should take advantage of these programs to benefit from reduced duty rates and enhance their competitiveness in the market.
The United States has specific states that import footwear classified under HS Code 64052060. The following states are known importers of this product:
These states have a demand for footwear made of wool felt, and businesses looking to export this product may consider targeting these markets.
While the specific exporting US states for footwear classified under HS Code 64052060 are not provided in the given data, it is important to note that the United States is a significant exporter of various goods, including footwear. The export destinations for this product may vary depending on market demand and trade agreements.
HS Code 64052060 represents footwear with soles and uppers made of wool felt. This code is used to classify and identify the product in international trade. Importers and exporters should be aware of the bound / MFN duty rate, special tariff preference programs, and the importing states to make informed decisions and effectively navigate the global market.