Headwear plays an essential role in our daily lives, serving both functional and fashion purposes. HS Code 65059020 specifically refers to a wide range of headwear made of cotton, which are not knitted, including certified hand-loomed and folklore hats & headgear made of cotton and/or flax.
When it comes to international trade, understanding the HS code is crucial for importers, exporters, and customs officials. The HS code is a standardized system used globally to classify and identify products for customs and statistical purposes. It helps in determining the appropriate duty rates, tariff preferences, and trade regulations for specific goods.
For products falling under HS Code 65059020, the bound or Most Favored Nation (MFN) duty rate is 7.5%. The MFN principle implies that whenever 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 headwear under this HS code is dozens (DOZ). This unit provides a standardized measurement for trade statistics and facilitates accurate tracking and reporting of the quantity of headwear imported or exported.
Furthermore, several special tariff preference programs apply to headwear classified under HS Code 65059020. These programs offer reduced or duty-free rates for specific countries. Here are the details:
In addition to these preferential rates, Morocco (MA) has a special rate of 3.3% for headwear under HS Code 65059020.
Importing headwear under this HS code into the United States is subject to the specific regulations and duties of each state. Similarly, exporting headwear from the United States to other countries must comply with their respective customs and trade requirements.
HS Code 65059020 encompasses a diverse range of headwear made of cotton, offering comfort, style, and cultural significance. Whether it's a certified hand-loomed hat or a folklore-inspired headgear, these products contribute to the vibrant world of fashion and personal expression.