Fiberglass rubber reinforcing yarn, classified under HS Code 70191905, refers to a type of yarn that is used to reinforce rubber materials. This yarn is made from electrically nonconductive continuous filaments, which have a diameter ranging from 9 to 11 microns. It is specifically designed to enhance the strength and durability of rubber products.
When it comes to international trade, the HS Code is a standardized system that is used to classify and identify different products. It helps to streamline the import and export process by providing a common language for customs officials and traders. The HS Code 70191905 specifically pertains to fiberglass rubber reinforcing yarn, making it easier for customs authorities to identify and categorize this product.
One important aspect to note about the HS Code system is that it is used to determine the duty rates for imported goods. The bound or most-favored-nation (MFN) duty rate for HS Code 70191905 is free. This means that there are no import duties or tariffs imposed on this product when it enters a country. It is duty-free every time a country lowers a trade barrier or opens up its market. This principle ensures that all trading partners are treated equally and have equal access to the market.
The quantity unit for HS Code 70191905 is kilograms (KG). This unit of measurement is commonly used in international trade to quantify the amount of product being imported or exported.
There are also special tariff preference programs that offer additional benefits for importing HS Code 70191905. These programs provide duty-free treatment for specific countries. The countries that currently enjoy this special tariff preference for fiberglass rubber reinforcing yarn include:
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating import duties for specific products. They provide an incentive for businesses to import HS Code 70191905 from these countries, making it more cost-effective and competitive in the market.
In terms of importing, the United States is one of the major destinations for HS Code 70191905. This product is commonly exported from various countries around the world to the United States, where it is used in a wide range of industries. Some of the top exporting US states for fiberglass rubber reinforcing yarn include:
These states have a strong manufacturing sector and are known for their production and export of rubber-based products. They serve as important hubs for the import and distribution of HS Code 70191905 within the United States.
HS Code 70191905 represents fiberglass rubber reinforcing yarn used for electrically nonconductive continuous filaments. It is a crucial component in enhancing the strength and durability of rubber products. The HS Code system ensures standardized classification and identification of products for international trade. The duty rate for this HS Code is free, and there are also special tariff preference programs that provide additional benefits for importing countries. The United States is a major market for this product, with various states serving as important import and distribution centers.