HS Code 62034325 refers to a specific category of products, namely men's or boys' trousers, breeches, and shorts made of synthetic fibers. These garments are not knitted or crocheted and are certified as hand-loomed and folklore products. The HS code is a standardized system used internationally to classify traded goods, making it easier for customs authorities to identify and categorize products.
When importing or exporting goods, it is important to know the specific HS code as it helps determine the applicable customs duties and other trade regulations. In the case of HS Code 62034325, the bound or Most Favored Nation (MFN) duty rate is 12.2%. This means that every time a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners.
The quantity unit for this HS code is dozens (DOZ), which refers to a unit of measurement equal to 12 units. This information is crucial for calculating the quantity and shipment of these products.
There are also special tariff preference programs available for this HS code. In some countries, such as Bahrain, Canada, Chile, Israel, Jordan, Mexico, Oman, Peru, and Singapore, these products can be imported duty-free. Australia has a special rate of 8% for HS Code 62034325. Meanwhile, Morocco has its own special rate, which can be found in the detailed subcategories 9912.62.25-9912.62.28.
It is worth noting that HS Code 62034325 has been imported into the United States, specifically to the states of Vermont, Arkansas, Maine, Mississippi, Nevada, and North Carolina. The frequency of imports to Vermont is significantly higher than other states, indicating a potential demand for these products in the region.
On the other hand, the exporting US states for HS Code 62034325 are not specified in the provided data. However, it is important to consider that these products may be manufactured in various countries and exported to the United States.
HS Code 62034325 represents a specific category of men's or boys' trousers, breeches, and shorts made of synthetic fibers. This code is important for customs and trade purposes, as it determines the applicable duties and regulations. The availability of special tariff preference programs allows for reduced or duty-free importation of these products in certain countries. The provided data indicates the importation of HS Code 62034325 into various US states, particularly Vermont. Understanding the HS code and its associated information is essential for businesses and individuals involved in international trade.