Glass fiber rovings fall under the HS Code 70191200, which is used to classify and identify different types of goods for international trade. This code is used by customs authorities around the world to determine the appropriate tariffs and trade regulations for importing and exporting glass fiber rovings.
Glass fiber rovings are a type of reinforcing material that is commonly used in the manufacturing of various products, including composites, textiles, and construction materials. They are made from strands of molten glass that are drawn into thin fibers and then wound into a continuous roving.
The HS Code 70191200 specifically refers to glass fiber rovings, which are typically used as a reinforcement material in industries such as automotive, aerospace, and construction. These rovings provide strength, durability, and flexibility to the final products, making them ideal for applications that require high-performance materials.
When it comes to the import and export of glass fiber rovings, the HS Code 70191200 plays a crucial role in determining the applicable customs duties and trade regulations. The bound or most-favored-nation (MFN) duty rate for glass fiber rovings is 4.8%, which means that every time 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 glass fiber rovings is kilograms (KG). This unit of measurement is used to determine the weight of the rovings being imported or exported. It is important to accurately measure the quantity of glass fiber rovings to comply with trade regulations and calculate the appropriate customs duties.
There are also special tariff preference programs available for glass fiber rovings under the HS Code 70191200. These programs provide preferential treatment in terms of customs duties for importing and exporting countries. Some of the countries that offer special tariff preferences for glass fiber rovings include Australia, Bahrain, Canada, Chile, Israel, Jordan, Mexico, Oman, Peru, Singapore, and the United States.
For example, under the Generalized System of Preferences (GSP), glass fiber rovings can be imported duty-free into countries such as Australia. Similarly, under the North American Free Trade Agreement (NAFTA), glass fiber rovings can be imported duty-free into Canada and Mexico. These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing trade barriers and facilitating the flow of goods.
In the United States, glass fiber rovings can be imported or exported from various states. The importing states may include California, New York, Texas, Florida, and Illinois, among others. Similarly, the exporting states may include Ohio, Michigan, Pennsylvania, Indiana, and Kentucky, among others. The import and export of glass fiber rovings contribute to the overall trade balance and economic growth of these states.
the HS Code 70191200 is used to classify and identify glass fiber rovings for international trade. It plays a crucial role in determining the applicable customs duties and trade regulations for importing and exporting these products. Glass fiber rovings are widely used in various industries for their strength and durability. Special tariff preference programs are available to promote trade and reduce trade barriers for glass fiber rovings. Understanding and complying with the HS Code 70191200 is essential for businesses involved in the import and export of glass fiber rovings.