HS Code 62033920 refers to men's or boys' suit-type jackets and blazers made of artificial fibers, not knitted or crocheted, and containing under 36% by weight of wool. This HS code is used to classify and regulate the international trade of these specific products.
The product covered by HS Code 62033920 includes suit-type jackets and blazers designed for men or boys. These garments are made of artificial fibers, which may include polyester, nylon, rayon, or other synthetic materials. They are not knitted or crocheted, meaning they are constructed using woven fabric. Additionally, these jackets and blazers contain less than 36% of wool by weight.
It is important to note that the HS code provides a standardized classification system for these specific products, allowing customs authorities and traders to identify and regulate them more efficiently.
The bound / MFN (Most Favored Nation) duty rate for products classified under HS Code 62033920 is 27.3%. This means that when a country lowers a trade barrier or opens up a market, it must apply the same duty rate for the same goods or services from all its trading partners.
The duty rate is a percentage of the value of the imported goods and is collected by the customs authorities of the importing country. It serves as a form of taxation and is intended to protect domestic industries, regulate international trade, and generate revenue for the government.
The quantity unit used for products classified under HS Code 62033920 is dozens (DOZ). This unit of measurement indicates that the jackets and blazers are typically traded in sets of 12.
Using a standardized quantity unit facilitates uniformity and accuracy in trade data, making it easier for traders, customs authorities, and other stakeholders to track and analyze international trade flows.
Several countries and trading blocs offer special tariff preference programs for products classified under HS Code 62033920. These programs provide preferential treatment in terms of reduced or eliminated duty rates. The following are some examples of such programs:
These special tariff preference programs aim to promote trade, economic cooperation, and development among participating countries. By reducing or eliminating duties, they encourage the importation of these products, benefiting both importers and consumers.
While specific information about the importing US states for products classified under HS Code 62033920 is not provided, it is important to highlight that the United States is a significant player in global trade. As a major importer, the United States receives various types of products from different countries around the world.
However, it is worth noting that Vermont is mentioned twice in the data provided. This suggests that there may be some level of importation of men's or boys' suit-type jackets and blazers, not knitted or crocheted, of artificial fibers, under 36% by weight of wool, into Vermont.
The data provided does not mention any specific exporting US states for products classified under HS Code 62033920. However, it is important to mention that the United States is a significant exporter of various goods and services to countries worldwide. As a major global player in trade, the United States exports a wide range of products, including apparel and textiles. However, further information is needed to determine which specific states are involved in the exportation of men's or boys' suit-type jackets and blazers covered by HS Code 62033920.
HS Code 62033920 represents men's or boys' suit-type jackets and blazers made of artificial fibers, not knitted or crocheted, and containing under 36% by weight of wool. This code helps classify, regulate, and facilitate the international trade of these specific products. The bound / MFN duty rate for this HS code is 27.3%, and the quantity unit is dozens (DOZ). Various special tariff preference programs exist for these products, offering reduced or eliminated duty rates in certain countries. While the data provided does not specify exporting US states, Vermont is mentioned as an importing state. Overall, understanding HS Code 62033920 is essential for importers, exporters, customs authorities, and other stakeholders involved in the trade of men's or boys' suit-type jackets and blazers.