The HS Code 94049095 refers to arts of bedding and similar furnishings that are stuffed or internally fitted with any material not elsewhere specified. This code is used for the classification and identification of these products in international trade.
When it comes to trade barriers and market access, countries are required to maintain the same trade conditions for all their trading partners. This means that if a country lowers a trade barrier or opens up a market for a particular product or service, it must do so for all its trading partners. The bound or most favored nation (MFN) duty rate for products under HS Code 94049095 is 7.3%.
The quantity unit for this HS code is measured in numbers (NO), indicating the number of units of bedding and similar furnishings being imported or exported.
There are also special tariff preference programs available for products classified under HS Code 94049095. Some countries offer duty-free treatment or reduced duty rates for imports of these products. For example, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Mexico (under NAFTA), Oman, Peru, and Singapore offer duty-free treatment for products under this HS code. Australia offers a special rate of 3%, while Morocco offers a rate of 3.5%.
It is important to note that not all US states are equal when it comes to importing products under HS Code 94049095. The following US states are known for importing these products: New Mexico, Oklahoma, Virgin Islands, Arkansas, Georgia, Wyoming, and Minnesota.
On the other hand, the exporting US states for products under this HS code are not specified in the available data.
Overall, the HS Code 94049095 is used to classify and identify arts of bedding and similar furnishings stuffed or internally fitted with any material not elsewhere specified. It is important for traders and importers/exporters to be familiar with this code and the associated duty rates and tariff preference programs to ensure compliance and take advantage of any available benefits.