Carpet and other textile floor coverings are an essential element in interior design, providing both comfort and style to any space. The HS Code 57019010 specifically refers to knotted carpets and textile floor coverings made of materials other than wool or hair. These floor coverings are unique in that their pile is inserted and knotted during the weaving or knitting process, resulting in a durable and visually appealing product.
When it comes to international trade, the HS Code plays a crucial role in categorizing and identifying various goods. The HS Code 57019010 allows customs authorities and traders to classify and track the import and export of knotted textile floor coverings accurately. This code ensures that the correct duties, taxes, and regulations are applied to these products.
The bound or most-favored-nation (MFN) duty rate for HS Code 57019010 is free. This means 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. This commitment to fair and non-discriminatory trade practices promotes equal opportunities for all countries involved.
The quantity unit for HS Code 57019010 is square meters (M2). This unit of measurement is used to determine the size and quantity of knotted textile floor coverings being imported or exported. It allows for accurate calculation and assessment of duties, taxes, and other relevant trade statistics.
Under special tariff preference programs, certain countries offer preferential duty rates or duty-free treatment for imports of HS Code 57019010. These programs aim to promote trade and economic cooperation between countries. The following countries provide special tariff rates for knotted textile floor coverings:
In addition to these special rates, Morocco provides a tariff rate of 0.4% for imports of HS Code 57019010.
The import and export of knotted textile floor coverings classified under HS Code 57019010 occur between various states within the United States. The specific states involved in the import and export of these products may vary, depending on market demand, production capabilities, and other factors.
Overall, HS Code 57019010 plays a vital role in facilitating international trade in knotted carpets and other textile floor coverings. It ensures fair and accurate classification, duty rates, and trade statistics for these products. The special tariff preference programs further promote trade cooperation and provide economic benefits for both importing and exporting countries.