HS Code 5516.31.05

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HS Code 5516.31.05 pertains to textile products that contain 36 percent or more by weight of wool or fine animal hair, typically in the form of yarns or fabrics. This classification often includes items used in the apparel and home textiles industries, such as high-quality garments, suits, and luxury upholstery materials. Importers should be aware that products classified under this code are subject to a general duty rate of 19.8%, which can significantly impact pricing and overall cost structures. Understanding this tariff classification is crucial for businesses importing these materials, as it affects financial planning, pricing strategies, and supply chain management. Proper classification ensures compliance with U.S. customs regulations and helps avoid potential penalties or delays in the import process.

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