HS Code 52030050: Cotton Carded or Combed
Cotton is one of the most widely used natural fibers in the world. It is a versatile material that is used in various industries, including textiles, clothing, and home furnishings. To facilitate trade and ensure proper classification of cotton products, a system called the Harmonized System (HS) code is used. The HS code for cotton carded or combed is 52030050.
Product Description:
The HS code 52030050 refers to cotton that has been carded or combed, excluding fibers of cotton processed but not spun. Carding and combing are processes used to prepare cotton fibers for spinning into yarn. Carded cotton is made by passing the fibers through a series of roller brushes to remove impurities and align the fibers. Combed cotton undergoes an additional process where the fibers are combed to remove shorter fibers and create a smoother, more uniform yarn.
Bound / MFN Duty Rate:
The bound / Most Favored Nation (MFN) duty rate for HS code 52030050 is 4.3%. The MFN duty rate is the rate applied to a product when a country lowers a trade barrier or opens up a market. It ensures that the same goods or services from all trading partners are subject to the same duty rate.
Quantity Unit:
The quantity unit for HS code 52030050 is kilograms (KG). This unit of measurement is used to determine the weight of the cotton being traded.
Special Tariff Preference Programs:
Certain countries have special tariff preference programs in place for the importation of cotton under HS code 52030050. These programs offer preferential treatment in terms of duty rates. The following countries have special tariff rates for this HS code:
- Australia (Free)
- Bahrain (Free)
- Canada under NAFTA (Free)
- Chile (Free)
- European Union (Free)
- Israel (Free)
- Japan (Free)
- Jordan (Free)
- Morocco (Free)
- Mexico under NAFTA (Free)
- Oman (Free)
- Peru (Free)
- Singapore (Free)
Importing and Exporting US States:
The following states in the United States are involved in the importation and exportation of cotton under HS code 52030050:
- Arizona
- Arkansas
- Georgia
- Mississippi
- Oklahoma
- Tennessee
- Texas
These states play a significant role in the cotton industry, both as importers and exporters of cotton products. The favorable trade environment and the presence of major cotton production and processing facilities contribute to their involvement in the trade of HS code 52030050.
HS code 52030050 represents cotton carded or combed, excluding fibers of cotton processed but not spun. This code is used to classify and facilitate the trade of cotton products. Understanding the HS code and its associated information, such as duty rates, quantity units, and special tariff preference programs, is essential for importers, exporters, and other stakeholders in the cotton industry.
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