The HS Code 64061005 refers to formed uppers for footwear made of leather or composition leather. These uppers are specifically designed for men, youths, and boys. The code is used to classify and categorize this particular type of product for trade and customs purposes.
When importing goods with this HS code into the United States, there are specific states that are known for their import activities. These states include Arkansas, Kansas, Massachusetts, Mississippi, South Carolina, and Tennessee. These states have a high demand for formed uppers for footwear, making them key importers of this product.
On the other hand, the exporting states for this HS code are not specified in the provided data. However, it is safe to assume that the exporting states would vary based on the production capabilities and market demand for formed uppers for footwear.
It is important to note that the bound or Most Favored Nation (MFN) duty rate for this HS code is 8.5%. The MFN duty rate applies every time a country lowers a trade barrier or opens up a market. This means that if a country reduces tariffs or removes trade restrictions on formed uppers for footwear, it must do so for all its trading partners.
Additionally, there are several special tariff preference programs that offer duty-free treatment for this HS code. These programs include Australia Special Rate, Bahrain Special Rate, Canada's NAFTA (North American Free Trade Agreement) duty-free treatment, Chile Special Rate, Africa Growth and Opportunity Act (AGOA) duty-free treatment, Israel Special Rate, Andean Trade Promotion and Drug Eradication Act (ATPDEA), Jordan Special Rate, Morocco Special Rate, Mexico's NAFTA, Oman Special Rate, Dominican Republic-Central American Special Rate (DR-CAFTA), Peru Special Rate, Caribbean Basin Trade Partnership Act (CBTPA), and Singapore Special Rate.
These special tariff preference programs aim to promote trade and economic growth by providing incentives for countries to engage in international trade. By offering duty-free treatment for formed uppers for footwear, these programs encourage imports and exports, benefiting both the importing and exporting countries.
the HS Code 64061005 represents formed uppers for footwear made of leather or composition leather, specifically for men, youths, and boys. This code is used to classify and categorize the product for trade and customs purposes. When importing this product into the United States, specific states such as Arkansas, Kansas, Massachusetts, Mississippi, South Carolina, and Tennessee are known for their import activities. The MFN duty rate for this HS code is 8.5%, and there are several special tariff preference programs that offer duty-free treatment for this product. These programs aim to promote international trade and economic growth.