When it comes to international trade, it is important to have a standardized system for classifying products. This is where the Harmonized System (HS) code comes into play. Each product is assigned a unique HS code, which helps in identifying and categorizing goods for customs purposes.
The HS code 64061040 refers to formed uppers for footwear, made of textile materials, not elsewhere specified or included. These uppers are valued at over $12 per pair.
Formed uppers for footwear are an essential component of shoes. They are the part of the shoe that covers the top of the foot, providing support and protection. In the case of HS code 64061040, these uppers are made of textile materials. The specific type of textile material used may vary, but it falls under the broader category of textile materials.
The bound or Most Favored Nation (MFN) duty rate for HS code 64061040 is 7.5%. The MFN duty rate is the rate that applies to all trading partners of a country. It ensures that when a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners.
The quantity unit for HS code 64061040 is pairs (PRS). This means that the product is measured and traded in pairs of formed uppers for footwear.
Certain countries have special tariff preference programs in place for HS code 64061040. These programs allow for reduced or duty-free treatment for imports from specific countries. Here are some of the special tariff preference programs applicable to this HS code:
When it comes to importing HS code 64061040 into the United States, the following states are actively involved:
While the data provided does not specify the exporting US states for HS code 64061040, it is safe to assume that any state involved in the production and export of formed uppers for footwear made of textile materials could be exporting this product.
HS code 64061040 represents formed uppers for footwear made of textile materials. It is essential for international trade as it categorizes and identifies these products for customs purposes. Importers and exporters need to be aware of the duty rates and special tariff preference programs associated with this HS code to make informed decisions when trading these goods.