Hats and headgear are essential fashion accessories that serve both functional and aesthetic purposes. They provide protection from the sun, cold weather, and other elements, while also adding style to any outfit. One popular category of hats and headgear is those made from cotton and/or flax, which are knitted to create comfortable and breathable products. This article will explore the details of HS Code 65059015, which specifically covers hats and headgear made from cotton and/or flax that are knitted.
The HS Code 65059015 refers to hats and headgear that are made from cotton and/or flax and are knitted. Knitted fabrics are created by interlocking loops of yarn, resulting in a flexible and stretchable material. This makes knitted hats and headgear comfortable to wear and suitable for various head sizes.
The bound or most-favored-nation (MFN) duty rate for products under HS Code 65059015 is 7.9%. This means that every time a country lowers a trade barrier or opens up a market, it must apply the same duty rate of 7.9% to hats and headgear made from cotton and/or flax, regardless of the country of origin. The MFN duty rate ensures fair and equal treatment for all trading partners.
The quantity unit for hats and headgear under HS Code 65059015 is dozens (DOZ). This unit of measurement is commonly used in international trade to facilitate accurate and standardized quantity calculations. Importers and exporters can easily determine the number of hats or headgear units in a shipment by using the dozens unit.
Several special tariff preference programs are available for hats and headgear under HS Code 65059015. These programs offer reduced or duty-free rates for specific countries, promoting trade and economic cooperation. The following are the special tariff preference programs applicable to this HS Code:
Under these programs, countries such as Australia, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Mexico (under NAFTA), Oman, Panama, Peru, and Singapore enjoy duty-free treatment for hats and headgear made from cotton and/or flax that are knitted. On the other hand, Morocco has a special rate of 3.5% for the same products.
HS Code 65059015 allows the importation of hats and headgear made from cotton and/or flax that are knitted into various states in the United States. Importers can distribute their products to customers in all US states, including but not limited to:
These states offer a large market for hats and headgear, allowing businesses to reach a wide range of customers.
Exporters from the United States can ship hats and headgear made from cotton and/or flax that are knitted to various countries around the world. Some popular export destinations for these products include:
These countries have a high demand for fashionable hats and headgear, making them lucrative markets for US exporters.
HS Code 65059015 covers hats and headgear made from cotton and/or flax that are knitted. Importers and exporters should be aware of the bound duty rate, quantity unit, and special tariff preference programs applicable to this HS Code. By understanding the details of this code, businesses can navigate international trade regulations and take advantage of various opportunities in the global hat and headgear market.