The HS Code 14049040 refers to a specific category of products known as piassava, couch-grass, and other vegetable materials. These materials are primarily used in the production of brooms or brushes. This article will provide an extensive overview of this HS code and its relevance in international trade.
Piassava, couch-grass, and other vegetable materials classified under HS Code 14049040 are natural fibers derived from various plant sources. These materials are commonly used in the manufacturing of brooms or brushes due to their durability and flexibility. Piassava, also known as bass or fiber palm, is a fibrous material obtained from the leaves of the Attalea funifera palm tree. Couch-grass, on the other hand, is a type of grass with long, strong stems that can be used as a natural bristle substitute.
Other vegetable materials included in this HS code category are those that share similar properties and applications in the broom and brush industry. These may include fibers extracted from other plants such as corn husks, coconut coir, or even natural straw.
The bound / MFN (Most Favored Nation) duty rate for HS Code 14049040 is 2.3%. This means that when a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. Therefore, any country importing or exporting products falling under this HS code will be subject to a duty rate of 2.3%.
The bound / MFN duty rate serves as a measure to promote fair and equal trade practices among nations. It ensures that countries do not discriminate against any specific trading partner and maintain a level playing field for all participants in the global market.
The quantity unit for HS Code 14049040 is kilograms (KG). This means that the weight of the products being imported or exported is measured in kilograms. The quantity unit is essential for accurate trade documentation, customs clearance, and logistics management.
Several special tariff preference programs apply to products classified under HS Code 14049040. These programs offer various benefits and exemptions to eligible countries. The following countries have special rates or duty-free treatment for imports or exports under this HS code:
These special tariff preference programs aim to foster economic cooperation, promote development, and enhance trade relations between participating countries. They provide opportunities for duty-free or reduced-duty access to certain markets, which can significantly benefit exporters and importers of products falling under HS Code 14049040.
HS Code 14049040 applies to imports and exports from various US states. The specific states involved in the trade of piassava, couch-grass, and other vegetable materials for brooms or brushes may vary depending on market demand and production capabilities. However, some states known for their involvement in this sector include:
These states often serve as major hubs for trade and distribution of broom and brush-related products, including those using materials classified under HS Code 14049040.
HS Code 14049040 encompasses piassava, couch-grass, and other vegetable materials primarily used in the production of brooms or brushes. This code plays a crucial role in international trade by facilitating the classification, documentation, and regulation of these specific products. The bound / MFN duty rate, quantity unit, and special tariff preference programs associated with this HS code further shape the import and export landscape for piassava, couch-grass, and similar materials. Understanding the significance of HS Code 14049040 is essential for businesses, policymakers, and individuals involved in the broom and brush industry or international trade.