HS Code 62034118 refers to men's or boys' trousers and breeches, excluding those classified under HS Code 6203.41.05, which fall under a different category. This HS code is used to classify and identify these specific types of clothing items for international trade purposes. It is important to understand the details and implications of this HS code when importing or exporting such products.
The bound or most-favored-nation (MFN) duty rate for products falling under HS Code 62034118 is 41.9 cents per kilogram, plus an additional 16.3% of the total value. This duty rate is applicable every time a country lowers a trade barrier or opens up a market. It ensures that all trading partners receive the same treatment for the same goods or services.
The quantity unit for products classified under HS Code 62034118 is dozens (DOZ). This means that the quantity of trousers and breeches being imported or exported is measured in multiples of twelve.
There are also several special tariff preference programs associated with HS Code 62034118. Some countries offer duty-free treatment for these products, while others have specific rates and conditions. The following are the special tariff preference programs for HS Code 62034118:
In addition to these duty-free programs, there are specific rates for certain countries:
It is important for importers and exporters to be aware of these special tariff preference programs and the associated rates when conducting trade in men's or boys' trousers and breeches. Taking advantage of these programs can result in cost savings and competitive advantages.
When it comes to importing HS Code 62034118 products to the United States, the data provided does not specify the exporting states. However, the data does mention that Vermont is the importing state. This information can be useful for businesses based in Vermont or those looking to export to Vermont to understand the trade dynamics and potential market for men's or boys' trousers and breeches.
HS Code 62034118 represents men's or boys' trousers and breeches, excluding specific subcategories. It is important to understand the duty rates, quantity unit, and special tariff preference programs associated with this HS code when importing or exporting these products. Being aware of the specific rates for different countries and taking advantage of duty-free programs can enhance trade opportunities and competitiveness in the global market.