When it comes to international trade, the Harmonized System (HS) Code plays a crucial role in classifying products. In this article, we will delve into the HS Code 42032930, which specifically refers to men's gloves, mittens, and mitts made of leather or composition leather, that are nesi and seamed.
The HS Code 42032930 provides a standardized classification for this particular product, making it easier for customs authorities and traders to identify and categorize it. This code is used globally, ensuring consistency in trade documentation and facilitating the smooth flow of goods across borders.
Let's explore the key details associated with HS Code 42032930:
The product covered by HS Code 42032930 includes men's gloves, mittens, and mitts. These items are specifically made of leather or composition leather. The term "nesi" refers to the fact that these products are not elsewhere specified or included in other HS codes. Additionally, the gloves, mittens, and mitts are seamed, indicating that they have stitched or sewn seams.
The bound or most-favored-nation (MFN) duty rate for products falling under HS Code 42032930 is 14%. The MFN duty rate is the standard rate applied to imports from all trading partners. It signifies 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.
The quantity unit for HS Code 42032930 is a dozen pairs (DPR). This means that the product is typically measured and traded in sets of twelve pairs.
Several special tariff preference programs exist for products classified under HS Code 42032930. These programs provide preferential treatment or reduced duty rates for imports from specific countries. The following are the special tariff preference programs applicable to this HS Code:
Under these programs, imports of men's gloves, mittens, and mitts from the listed countries may enjoy duty-free treatment or a reduced duty rate of 1.7%.
While the HS Code 42032930 applies to imports into the United States as a whole, it is worth noting that certain states may have a higher demand for this specific product. Based on the available data, Hawaii appears to be a significant importer of men's gloves, mittens, and mitts made of leather or composition leather under this HS Code.
Unfortunately, the provided data does not specify the exporting states within the United States for products falling under HS Code 42032930. However, it is important to understand that the HS Code is universally recognized and applicable to all US states involved in international trade.
HS Code 42032930 plays a vital role in classifying and regulating the international trade of men's gloves, mittens, and mitts made of leather or composition leather. Understanding this code and its associated details can help importers, exporters, and customs authorities streamline their trade processes and ensure compliance with the applicable tariffs and regulations.