In international trade, the Harmonized System (HS) code is a standardized system used to classify and identify goods being imported or exported. Each product is assigned a unique HS code that helps customs authorities and traders in determining the appropriate tariff rates, restrictions, and regulations applicable to that specific product.
HS Code 62032910 refers to men's or boys' ensembles made of worsted wool fabric that are not knitted or crocheted. These ensembles are specifically made with wool yarn having an average fiber diameter of 18.5 micron or less.
The ensembles covered by HS Code 62032910 are typically complete outfits for men or boys, including matching jackets, trousers, and sometimes vests or other accessories. They are made of worsted wool fabric, which is a high-quality and durable material commonly used in the production of formal and semi-formal clothing.
Worsted wool fabric is known for its smooth and compact texture, as well as its ability to retain its shape well. The average fiber diameter of 18.5 micron or less indicates the fineness of the wool yarn used in manufacturing these ensembles. Finer wool yarns are often associated with higher quality and luxurious garments.
The bound / most-favored-nation (MFN) duty rate refers to the rate applicable to each garment in the ensemble if separately entered. It is a term used in international trade to ensure that trade barriers are lowered or market access is opened up consistently for all trading partners of a country.
Unfortunately, the specific bound / MFN duty rate for HS Code 62032910 is not available in the provided data. However, it is important to note that duty rates can vary between countries and may be subject to changes over time due to trade agreements, tariff negotiations, or other economic factors.
Some countries have established special tariff preference programs that offer reduced or zero-duty rates for certain products. In the case of HS Code 62032910, the following special tariff preference programs apply:
Additionally, the rate applicable to each garment in the ensemble if separately entered for the following countries is:
According to the provided data, the ensembles covered by HS Code 62032910 are imported into the United States, specifically the state of Vermont. This indicates that there is demand for these ensembles in Vermont, and they are being traded between the United States and other countries.
The data does not provide information about the specific exporting states within the United States. However, it is worth noting that HS Code 62032910 represents a product that is being exported from the United States to other countries as well. The destination countries for these exports may vary depending on factors such as market demand, trade agreements, and competitive advantages.
HS Code 62032910 covers men's or boys' ensembles made of worsted wool fabric. These ensembles are not knitted or crocheted and are specifically made with wool yarn of a fine average fiber diameter. The applicable duty rates, special tariff preference programs, and trading patterns associated with this HS code can vary between countries and are subject to changes over time.
More on HS code 62032910