When it comes to international trade, it is essential to have a standardized system in place to classify and categorize the various products being traded. The Harmonized System (HS) is a globally recognized system that assigns a unique code to each product, ensuring uniformity and consistency in trade documentation and customs procedures.
HS Code 61142000 specifically pertains to garments made of cotton that are knitted or crocheted. This code helps customs officials and traders identify and classify these specific types of garments, ensuring smooth and efficient trade operations.
The product description of HS Code 61142000 is "Garments nesoi, knitted or crocheted, of cotton." This means that the garments included under this code are not classified under any other specific category and are made of cotton fabric through the processes of knitting or crocheting.
It is important for countries to establish trade agreements and tariffs to regulate the flow of goods across borders. The Bound / MFN (Most Favored Nation) duty rate for HS Code 61142000 is 10.8%. This rate applies every time a country lowers a trade barrier or opens up a market, ensuring equal treatment for the same goods or services from all trading partners.
The quantity unit for HS Code 61142000 is dozens (DOZ). This unit of measurement helps in determining the quantity of garments being imported or exported under this code.
There are several special tariff preference programs associated with HS Code 61142000. These programs provide specific import duty rates for certain countries. The following countries have special tariff rates for this HS code:
These special tariff rates are designed to facilitate trade between specific countries and encourage economic cooperation.
Based on the available data, the United States imports HS Code 61142000 garments primarily from the following states:
It is worth noting that this is not an exhaustive list, and there may be other states involved in the importation of these garments.
HS Code 61142000 plays a crucial role in international trade, providing a standardized classification system for garments made of knitted or crocheted cotton. Understanding the details and implications of this HS code is essential for traders, customs officials, and policymakers to ensure smooth and efficient trade operations.