HS Code 62034315 refers to men's or boys' bib and brace overalls made of synthetic fibers. These overalls are not knitted or crocheted and are water resistant, but they are not made with down materials. This HS code is used to classify and identify these specific types of overalls for international trade purposes.
When importing these overalls, the quantity unit is measured in dozens (DOZ). This means that the overalls are usually imported and exported in multiples of twelve.
The bound / MFN duty rate for HS Code 62034315 is 7.1%. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners. This duty rate applies to the importation of these overalls.
However, there are special tariff preference programs available for these overalls. In some countries, such as Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Mexico (under NAFTA), Oman, Peru, and Singapore, these overalls can be imported duty-free. This means that importers from these countries do not have to pay any additional duties on the importation of these products.
In Australia, a special rate of 6.3% applies to the importation of these overalls. Additionally, in Morocco, a special rate is also applicable, but further details are required to determine the exact duty rate.
When it comes to the United States, the importing states for these overalls include Vermont, Arkansas, Maine, Mississippi, Nevada, and North Carolina. These states have imported these overalls multiple times, indicating a demand for this product in these regions.
On the other hand, the exporting states within the United States are not specified in the provided data. However, it can be inferred that the exporting states are likely to be different from the importing states.
Overall, HS Code 62034315 is used to classify and identify men's or boys' bib and brace overalls made of synthetic fibers. This HS code allows for the proper categorization and regulation of these products in international trade. The special tariff preference programs and the duty rates associated with this HS code can vary depending on the importing country. Importers and exporters should be aware of these regulations to ensure smooth and cost-effective trade operations.