The HS Code 99035213 refers to a specific type of product - Upland Cotton, which falls within the Special Cotton Import Quota Ann. No. 13. This code is used to classify and categorize goods for international trade purposes, providing a standardized system for identifying and tracking different products.
Upland cotton refers to a commonly grown variety of cotton that is widely used in the textile industry for the production of various cotton-based products. The inclusion of "within Special Cotton Import Quota Ann. No. 13" indicates that there are specific limitations and regulations governing the import of this type of cotton.
When it comes to trade barriers and market access, countries often set certain limitations and restrictions on the importation of goods. These measures can be in the form of tariffs, quotas, or other trade barriers. The HS Code 99035213 specifies that the quantity of Upland Cotton imported is subject to the limitations outlined in the Special Cotton Import Quota Ann. No. 13.
The bound / MFN (Most Favored Nation) duty rate for HS Code 99035213 is not explicitly mentioned in the provided data. However, the concept of bound duty rate refers to the maximum level of customs duty that a country can impose on a particular product. The MFN duty rate, on the other hand, is the tariff rate applied to imports from all trading partners on a most-favored-nation basis. It is worth noting that the bound duty rate may not always be equal to the applied MFN duty rate.
Unfortunately, the data does not provide information on the quantity unit for Upland Cotton under HS Code 99035213. The quantity unit is an essential aspect of trade data as it helps in accurately measuring and tracking the volume of goods being traded.
Under special tariff preference programs, Upland Cotton imported under HS Code 99035213 receives a tariff rate of 10% for Canada. This means that Upland Cotton imported into Canada from the United States under this HS code enjoys duty-free treatment, with a reduced tariff rate of 10%. This preferential treatment is granted under the North American Free Trade Agreement (NAFTA) between the United States, Canada, and Mexico.
Finally, it is important to note that the importing and exporting US states for Upland Cotton under HS Code 99035213 are not provided in the given data. The specific states involved in the import and export of this product play a crucial role in understanding the dynamics of trade flows and regional trade patterns.
HS Code 99035213 represents Upland Cotton within the Special Cotton Import Quota Ann. No. 13. This code helps to classify and track the import and export of this specific type of cotton. The data provided highlights the limitations, tariff preferences, and other relevant information associated with this HS code. Understanding and adhering to these regulations is crucial for businesses and traders involved in the international trade of Upland Cotton.