Sweaters, pullovers, sweatshirts, waistcoats (vests), and similar articles made of wool are classified under HS Code 61101100. This code is used to identify these specific types of garments when they are imported or exported.
Woolen garments are popular due to their warmth, comfort, and durability. They are commonly worn during colder seasons or in regions with cooler climates. The knitting or crocheting technique used to create these garments adds a unique texture and pattern, making them fashionable and versatile.
When importing or exporting these products, it is important to consider the trade regulations and tariff rates associated with HS Code 61101100. The bound or most-favored-nation (MFN) duty rate for these garments is 16%. This means that every country must apply the same trade barrier reduction or market opening to all its trading partners.
The quantity unit for sweaters, pullovers, sweatshirts, waistcoats (vests), and similar articles of wool is dozens (DOZ). This unit helps in determining the quantity and pricing of the products during international trade.
There are also special tariff preference programs available for these woolen garments. In some countries such as Bahrain (BH), Canada (CA), Chile (CL), Israel (IL), Jordan (JO), Mexico (MX), Oman (OM), Peru (P), and Singapore (SG), the products classified under HS Code 61101100 can be imported duty-free. This provides an advantage for exporters and importers from these countries, promoting trade and economic cooperation.
For Australia (AU), the special tariff rate for these woolen garments is 8%. This means that a reduced duty rate of 8% is applicable when importing these products from Australia. Additionally, specific subheadings such as 9912.61.40-9912.61.41 may have different tariff rates, such as in the case of Morocco (MA).
When it comes to US states involved in the import of products under HS Code 61101100, North Carolina and South Carolina are listed. These states have shown a significant interest in importing woolen garments, indicating a demand for these products within their local markets.
HS Code 61101100 is used to classify sweaters, pullovers, sweatshirts, waistcoats (vests), and similar articles made of wool. These garments offer warmth, comfort, and fashionability. It is important to be aware of the trade regulations, tariff rates, and special tariff preference programs associated with this HS Code when engaging in international trade. By understanding these factors, exporters and importers can make informed decisions and take advantage of favorable trade conditions.