When it comes to trade and international commerce, HS codes play a crucial role in identifying specific products. One such HS code that we will be discussing in this article is 99021391, which relates to other footwear with uppers of vegetable fibers for men. Let's delve deeper into the details of this HS code and explore why it is essential in international trade.
The HS code 99021391 pertains to a specific category of footwear. It includes any footwear designed for men that has uppers made of vegetable fibers. This could encompass various types of shoes, such as sandals, espadrilles, or sneakers, as long as they meet the specified criteria.
It is important to note that this HS code falls under the broader subheading 6405.20.30. This subheading provides further classification and helps in accurately identifying the specific type of footwear being traded.
The bound / MFN (Most Favored Nation) duty rate for HS code 99021391 is 6.4%. This means that whenever a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. The duty rate is the percentage of the product's value that needs to be paid as a tariff when importing or exporting.
The 6.4% duty rate is applicable to all transactions involving other footwear with uppers of vegetable fibers for men under this HS code. It is important for importers and exporters to be aware of this duty rate as it impacts the cost of trading and can influence pricing decisions.
Unfortunately, the data for the quantity unit associated with HS code 99021391 is not available (NA). The quantity unit represents the specific measurement used to determine the quantity of the product being traded, such as pairs, kilograms, or liters. In the case of this HS code, the specific unit of measurement is not provided, making it difficult to ascertain the quantity of footwear being imported or exported.
Special tariff preference programs are trade agreements or arrangements that provide certain benefits or concessions to countries engaged in international trade. While specific data regarding special tariff preference programs for HS code 99021391 is not available, it is worth mentioning that such programs exist and may impact the duty rates or trading conditions for this particular product category.
As HS code 99021391 relates to international trade, it is useful to understand the importing and exporting US states involved in the trade of other footwear with uppers of vegetable fibers for men.
Importing US States: This refers to the states within the United States that are the recipients of these footwear products. While specific data regarding the importing US states for HS code 99021391 is not provided, it can vary depending on market demand and consumer preferences.
Exporting US States: This refers to the states within the United States that are the originators of these footwear products. Again, specific data regarding the exporting US states for HS code 99021391 is not available, but it is essential to consider the manufacturing capabilities and distribution networks within different states when analyzing the trade dynamics of this product category.
HS code 99021391 plays a significant role in the international trade of other footwear with uppers of vegetable fibers for men. Its classification, duty rate, and associated information help in accurately identifying and regulating the trade of these products. Importers, exporters, and traders should be well-informed about this HS code to navigate the complexities of global trade successfully.