The HS Code 70194015 refers to a specific product: Woven glass fiber fabric of rovings, with a width not exceeding 30 cm, excluding fiberglass tire cord fabric. This code is used to classify and identify this particular type of product during international trade.
Woven glass fiber fabric of rovings is a specialized material that is commonly used in various industries, such as automotive, construction, aerospace, and marine. It is known for its high strength, durability, and resistance to heat and chemicals.
When importing or exporting this product, it is essential to be aware of the relevant trade regulations and tariffs associated with HS Code 70194015. The bound or most-favored-nation (MFN) duty rate for this product is 6%. This means that every time a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners.
The quantity unit for this product is square meters (M2), which is used to measure the area of the woven glass fiber fabric. This unit is commonly used in international trade to determine the quantity and pricing of the product.
Furthermore, there are special tariff preference programs in place for this product. The following countries have granted free trade benefits for HS Code 70194015:
These special tariff preference programs allow for duty-free treatment or reduced tariffs when importing or exporting this product to and from the mentioned countries. This can provide significant cost savings and trade advantages for businesses involved in the international trade of woven glass fiber fabric of rovings.
In the United States, the importing and exporting of HS Code 70194015 is carried out among various states. The specific states involved in the import and export of this product may vary depending on the demand and supply chain requirements of the industry.
Overall, HS Code 70194015 plays a crucial role in the international trade of woven glass fiber fabric of rovings. It helps classify, identify, and regulate the import and export of this specialized material, ensuring fair trade practices and providing opportunities for businesses to benefit from special tariff preference programs.