Sewing Machines: An Overview of HS Code 84522990
Sewing Machines: An Overview of HS Code 84522990
Sewing machines are an essential tool in the textile and garment industry. They play a crucial role in the manufacturing process, allowing for efficient and precise stitching of fabrics. In international trade, sewing machines are classified under HS Code 84522990. Let's delve into this HS code and understand its implications in the global market.
HS Code 84522990 specifically refers to sewing machines that are not automatic and are not elsewhere specified. This code helps customs authorities classify and track the import and export of these machines, ensuring accurate trade statistics and appropriate tariff rates.
The bound or most-favored-nation (MFN) duty rate for this HS code is free. This means that countries are not required to impose any tariffs or duties when importing or exporting sewing machines falling under this code. It is important to note that this duty rate applies when a country lowers trade barriers or opens up its market, and it must be applied uniformly to all trading partners.
The quantity unit for this HS code is measured in numbers (NO). This unit represents the quantity of sewing machines being imported or exported.
In addition to the duty rate, there are special tariff preference programs available for sewing machines under HS Code 84522990. These programs provide additional benefits and exemptions for certain countries. Here is a list of countries and their specific tariff preference programs:
- Australia (A): Generalized System of Preferences (GSP) - duty-free treatment
- Bahrain (BH): Special Rate
- Canada (CA): NAFTA - duty-free treatment
- Chile (CL): Special Rate
- European Union (E): Generalized System of Preferences (GSP) - duty-free treatment
- Israel (IL): Special Rate - duty-free treatment
- Japan (J): Generalized System of Preferences (GSP) - duty-free treatment
- Jordan (JO): Special Rate
- Morocco (MA): Special Rate
- Mexico (MX): NAFTA - duty-free treatment
- Oman (OM): Special Rate
- Peru (P): Special Rate
- Singapore (SG): Special Rate
These special tariff preference programs aim to promote trade and foster economic relationships between countries. By offering duty-free treatment or special rates, these programs incentivize the import and export of sewing machines, ultimately benefiting the textile and garment industries.
When it comes to importing sewing machines under HS Code 84522990, various states within the United States engage in trade. Some of the major importing states include California, Texas, New York, Florida, and Illinois. These states have a significant demand for sewing machines to support their textile and garment manufacturing sectors.
On the other hand, the United States exports sewing machines to various countries worldwide. Some of the major exporting states within the US include North Carolina, California, Texas, Georgia, and New York. These states contribute to the global supply of sewing machines, catering to the needs of the international market.
HS Code 84522990 plays a vital role in classifying and tracking the import and export of sewing machines. This code ensures accurate trade statistics and facilitates the application of appropriate tariff rates. With the bound duty rate set as free, countries can engage in seamless trade of sewing machines. Furthermore, special tariff preference programs provide additional benefits to certain countries, encouraging trade and fostering economic relationships. Sewing machines continue to be a crucial tool in the textile and garment industry, and HS Code 84522990 helps regulate their global trade.
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