When it comes to international trade, it is important to have a standardized system to classify and categorize products. The Harmonized System (HS) Code is a globally recognized system used for this purpose. Each product is assigned a unique HS code which helps in identifying and regulating trade.
HS Code 94049080 specifically refers to articles of bedding and similar furnishings made of cotton, stuffed or internally fitted with any material not elsewhere specified. These products do not have any embroidery, lace, braid, edging, or other decorative elements.
It is interesting to note that the Bound / MFN (Most Favored Nation) duty rate for this product is 4.4%. This 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. This helps in ensuring fair trade practices and equal treatment for all countries involved.
The quantity unit for this HS code is number (NO), indicating that the products are counted individually rather than being measured by weight or volume.
There are several special tariff preference programs applicable to this HS code. Some countries offer duty-free treatment, while others have reduced rates. Here is a list of the special rates for specific countries:
It is important for importers and exporters to be aware of these special rates and take advantage of them to optimize their trade activities.
When it comes to importing this particular product into the United States, the following states are known for their imports:
On the other hand, the specific states from which the United States exports this product are not mentioned in the available data.
HS Code 94049080 represents a specific category of bedding and similar furnishings made of cotton, without certain decorative elements. It is important for traders to be familiar with the HS code system and the specific regulations and tariff rates applicable to their products. By understanding this information, businesses can make informed decisions and optimize their international trade activities.