Weaving machines, also known as looms, are essential equipment in the textile industry. They are used to weave fabrics of various types and dimensions. HS Code 84461000 specifically refers to weaving machines designed for weaving fabrics with a width not exceeding 30 cm.
These machines play a crucial role in the production of narrow fabrics, such as ribbons, tapes, and narrow woven fabrics used for various purposes. They are versatile, efficient, and capable of producing high-quality narrow fabrics at a rapid pace.
The HS code is an internationally recognized system for classifying traded goods. It helps in identifying the specific nature and characteristics of a product, facilitating international trade and customs procedures. HS Code 84461000 is used to classify and track weaving machines for fabrics of a specific width.
The bound or Most Favored Nation (MFN) duty rate for HS Code 84461000 is free. This means that countries must provide duty-free treatment for this specific product category whenever they lower a trade barrier or open up a market. It ensures equal treatment for all trading partners with regard to the importation of these weaving machines.
This free duty rate promotes fair trade practices and encourages countries to reduce trade barriers, fostering a more open and inclusive global market for weaving machines.
The quantity unit for HS Code 84461000 is number (NO). It denotes that the measurement and valuation of these weaving machines are done based on the number of units imported or exported.
Several special tariff preference programs apply to HS Code 84461000. These programs offer additional benefits or preferential treatment for specific countries or regions:
These special tariff preference programs aim to promote trade, economic development, and cooperation between the participating countries or regions. Importers and exporters dealing with weaving machines under HS Code 84461000 can take advantage of these programs to reduce costs and increase competitiveness in the global market.
When it comes to importing weaving machines classified under HS Code 84461000, the following US states are major importers:
These states have a significant demand for weaving machines for the production of narrow fabrics within their respective textile industries. Importers in these states play a crucial role in meeting the domestic demand for narrow woven fabrics and related products.
On the other hand, the following US states are major exporters of weaving machines classified under HS Code 84461000:
These states have a strong manufacturing base and specialize in the production of weaving machines. They supply weaving machines to both domestic and international markets, supporting the global textile industry's needs.
HS Code 84461000 represents weaving machines specifically designed for weaving fabrics with a width not exceeding 30 cm. This article has provided an extensive overview of the HS code, including its product description, bound/MFN duty rate, quantity unit, special tariff preference programs, and major importing/exporting US states. Understanding the HS code and its associated information is essential for importers, exporters, and participants in the global textile industry.