The HS Code 52054300 refers to multiple or cabled cotton yarn, which is composed of 85% or more cotton by weight. This yarn is made from combed fibers and has a yarn number over 43 but not exceeding 52 nm. It is important to note that this type of cotton yarn is not put up for retail sale.
When importing or exporting goods, it is crucial to be aware of the bound/MFN (Most Favored Nation) duty rate associated with the HS Code 52054300. The current duty rate for this product is 8.6%. The concept of MFN implies that every time 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.
The quantity unit for the HS Code 52054300 is kilograms (KG). This means that the weight of the cotton yarn, when traded, is measured in kilograms.
There are several special tariff preference programs that apply to the import or export of the HS Code 52054300. These programs offer specific benefits or preferential treatment to certain countries. The following are the special tariff rates for this HS Code:
These special tariff rates allow for reduced or exempted duties on the import or export of the HS Code 52054300, depending on the trading partner and the specific program in place.
When considering the import or export of the HS Code 52054300, it is also important to be aware of the specific US states involved in the trade. The importing US states and exporting US states may vary, depending on the trading partners and the specific trade agreements or arrangements in place.
the HS Code 52054300 pertains to multiple or cabled cotton yarn, which is predominantly made of cotton fibers. It is not intended for retail sale and has a specific yarn number range. Understanding the bound/MFN duty rate, quantity unit, special tariff preference programs, and the involved US states is vital when engaging in trade related to this HS Code.