When it comes to international trade, there are various codes and classifications that help identify and categorize different products. One such code is HS Code 64052090, which pertains to footwear with an outer sole made of materials other than rubber, plastics, leather, or composite leather, and an upper made of textile material other than vegetable fibers or wool felt.
This code is used to specifically identify and classify this type of footwear in international trade transactions. It helps customs officials and traders alike to accurately determine the nature of the product being imported or exported.
HS Code 64052090 refers to a specific category of footwear. It includes shoes or boots with an outer sole that is not made of rubber, plastics, leather, or composite leather. Additionally, the upper part of the footwear is made of textile material, excluding vegetable fibers or wool felt.
This category of footwear can include a wide range of styles, designs, and materials, as long as they meet the specified criteria. It is important to note that the code specifically excludes footwear made of rubber, plastics, leather, or composite leather, as well as those with an upper made of vegetable fibers or wool felt.
The bound or Most Favored Nation (MFN) duty rate for HS Code 64052090 is 12.5%. This rate applies to every country that lowers a trade barrier or opens up a market. It ensures that the same goods or services from all trading partners are subject to the same duty rate.
The MFN duty rate is the standard rate that applies unless a specific tariff preference program is applicable. In the case of HS Code 64052090, there are several special tariff preference programs that offer different duty rates or even duty-free treatment.
Depending on the country of import or export, HS Code 64052090 may be eligible for special tariff preference programs that provide reduced or duty-free treatment. Here are some of the notable programs and their corresponding rates:
These special tariff preference programs aim to promote trade and economic cooperation between countries. They provide incentives for importing or exporting goods under certain conditions, such as origin requirements or bilateral agreements.
HS Code 64052090 is particularly relevant for several states in the United States that engage in the importation of these types of footwear. The following states are known for their significant imports of HS Code 64052090:
These states play a crucial role in the trade of footwear covered by HS Code 64052090. They serve as important distribution hubs and have established networks for the import and distribution of these products across the country.
HS Code 64052090 encompasses a specific category of footwear with unique characteristics. It is important for importers, exporters, and customs officials to be familiar with this code to ensure accurate classification and appropriate duty rates.
Additionally, understanding the special tariff preference programs and the importing states in the United States can provide valuable insights for businesses involved in the trade of footwear covered by HS Code 64052090.
By staying up-to-date with the regulations and requirements associated with this HS code, traders can navigate international trade more efficiently and take advantage of the various opportunities available.