Gloves are an essential accessory for various sports activities, providing protection, comfort, and grip. In the world of international trade, these sports gloves are classified under HS Code 61169208. This code specifically includes ski and snowmobile gloves, mittens, and mitts that are knitted or crocheted and made of cotton.
When it comes to trade barriers and market access, countries have certain obligations. They are required to lower trade barriers and open up their markets to ensure fair and equal opportunities for all trading partners. This principle is known as Most Favored Nation (MFN) treatment. Under this principle, the bound and MFN duty rate for HS Code 61169208 is 2.8%. This means that every time a country reduces trade barriers or opens its market, it must do so for these sports gloves as well.
The quantity unit for HS Code 61169208 is measured in dozen pairs (DPR). This unit allows for easy calculation and standardization in international trade.
Several countries have special tariff preference programs in place for HS Code 61169208. These programs aim to promote trade and provide certain benefits to specific trading partners. The following countries offer duty-free treatment for these sports gloves: Australia, Bahrain, Canada (under NAFTA), Chile, European Union member states, Israel, Japan, Jordan, Mexico (under NAFTA), Oman, Peru, Singapore. Additionally, Morocco offers a special rate of 0.3% for these products.
Importing data for HS Code 61169208 shows that the state of North Carolina in the United States is a significant importer of these sports gloves. The exact exporting states within the US are not specified in the available data.
Overall, HS Code 61169208 plays a crucial role in facilitating international trade for sports gloves, including ski and snowmobile gloves, mittens, and mitts made of cotton. Understanding the code and its associated regulations is essential for businesses and traders involved in the import and export of these products.