Badminton is a popular sport played around the world, and to enjoy the game to its fullest, it is essential to have the right equipment and accessories. The HS Code 95069912 refers to badminton articles and equipment, excluding rackets and cotton nets, along with their parts and accessories.
When it comes to international trade, countries often impose tariffs or duties on imported goods. The bound or most-favored-nation (MFN) duty rate for HS Code 95069912 is 5.6%. 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.
The quantity unit for HS Code 95069912 is not specified, as no units are collected (X). This suggests that the quantity of these badminton articles and equipment is not measured or reported using a specific unit of measurement.
However, there are special tariff preference programs in place for HS Code 95069912. Several countries offer preferential treatment, such as duty-free access, for these products. The countries include:
These special tariff preference programs aim to promote trade and economic cooperation between countries by reducing or eliminating import duties on specific goods.
When it comes to importing HS Code 95069912 products into the United States, there is no specific information provided regarding exporting US states. However, it is important to note that New Hampshire has been mentioned multiple times as an importing state. This suggests that the badminton articles and equipment under this HS Code are being imported into New Hampshire.
HS Code 95069912 covers various badminton articles and equipment, excluding rackets and cotton nets, along with their parts and accessories. It is important for traders and enthusiasts to be aware of the duty rates, quantity units, and special tariff preference programs associated with this HS Code when engaging in international trade.