When it comes to international trade, having a standardized system to classify products is essential. This is where the Harmonized System (HS) Code comes into play. The HS Code is a globally recognized system used to classify and identify goods being traded between countries. Each product has a unique HS Code, which helps streamline trade processes and ensures consistency in tariff rates and regulations.
The HS Code 61082290 refers to women's or girls' briefs and panties (other than disposable) made of man-made fibers, and knitted or crocheted. This code is specifically used to categorize these types of garments in international trade.
The bound or Most Favored Nation (MFN) duty rate for HS Code 61082290 is 15.6%. The MFN duty rate is the baseline tariff rate applied to imports, and it ensures 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. This promotes fair and equal treatment in international trade.
The quantity unit for HS Code 61082290 is dozens (DOZ). This means that the measurement or count of the product is in multiples of twelve. It helps provide a standardized unit for trade and facilitates accurate quantity calculations.
Several countries have special tariff preference programs in place for HS Code 61082290. These programs offer reduced or duty-free rates for imports of this product, promoting trade and economic cooperation between countries. Here are some of the special tariff rates for specific countries:
These special tariff preference programs aim to promote trade partnerships and provide incentives for countries to engage in international commerce.
While specific information about exporting US states is not available for HS Code 61082290, it is worth mentioning that North Carolina is one of the significant importing states for this product. North Carolina has a thriving textile and apparel industry, making it a key destination for imports of women's or girls' briefs and panties made of man-made fibers.
the HS Code 61082290 plays a crucial role in international trade by accurately classifying and identifying women's or girls' briefs and panties made of man-made fibers. It enables countries to apply consistent tariff rates, facilitates trade negotiations, and supports the growth of global commerce.