The HS Code 99035202 refers to the import of upland cotton, within specified quantity limitations, under the Special Cotton Import Quota Ann. No. 2 for a 180-day period. This code is used to categorize and track the international trade of this specific product.
Upland cotton is a type of cotton that is commonly grown and traded worldwide. It is known for its versatility and is used in various textile products such as clothing, bedding, and industrial materials. The product description indicates that the import of upland cotton is limited to a specific quantity as per the Special Cotton Import Quota Ann. No. 2.
The Bound / MFN (Most Favored Nation) duty rate is the maximum tariff or duty that a country can impose on the import of a specific product. In the case of HS Code 99035202, the duty rate is not provided in the available data. However, it is important to note that trade barriers and market openness should be applied equally to all trading partners by a country. This ensures fair and non-discriminatory trade practices.
The available data does not provide information about the quantity unit for importing upland cotton under HS Code 99035202. The quantity unit could be kilograms, bales, or any other standardized unit used for measuring and trading cotton. It is essential to have a standardized quantity unit to facilitate accurate trade measurements and transactions.
Special tariff preference programs are initiatives established by countries to promote trade and provide preferential treatment to certain products or trading partners. These programs aim to reduce or eliminate import duties, making the import of specific goods more economically viable. HS Code 99035202 may be eligible for such programs if the importing and exporting countries have bilateral or multilateral agreements in place.
Unfortunately, the available data does not provide information about the specific importing and exporting US states for HS Code 99035202. However, it is important to note that the United States is a significant player in the global cotton trade. The major cotton-producing states in the US include Texas, California, Georgia, and Mississippi. The exporting states may vary depending on factors such as production capacity, trade agreements, and market demand.
HS Code 99035202 pertains to the import of upland cotton within specified quantity limitations under the Special Cotton Import Quota Ann. No. 2. The code helps categorize and track the trade of this specific product. Although some information is not available in the provided data, understanding the product description, duty rates, quantity unit, and special tariff preference programs associated with this HS code is crucial for conducting international trade in upland cotton.