HS Code 62034915: Men's or Boys' Trousers, Breeches, and Shorts
Men's fashion has evolved over the years, and trousers, breeches, and shorts have become staple clothing items for men and boys. These garments, made from artificial fibers, offer comfort and style. In this article, we will explore the HS Code 62034915, which specifically refers to men's or boys' trousers, breeches, and shorts that are not knitted or crocheted and are certified hand-loomed and folklore products.
The HS Code 62034915 is an internationally recognized code that classifies these specific garments for import and export purposes. It helps customs authorities and traders identify and classify products accurately, ensuring smooth international trade. Let's delve deeper into the details of this HS code and its associated information.
Product Description:
The HS Code 62034915 covers trousers, breeches, and shorts for men and boys. These garments are made from artificial fibers, ensuring durability and easy maintenance. They are not knitted or crocheted, which sets them apart from other similar items. Additionally, these products are certified hand-loomed and folklore products, showcasing traditional craftsmanship and cultural significance.
Bound / MFN Duty Rate:
The bound or most-favored-nation (MFN) duty rate for HS Code 62034915 is 12.2%. This rate applies 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. This duty rate helps maintain fair trade practices and promotes equal opportunities for all countries involved.
Quantity Unit:
The quantity unit for HS Code 62034915 is dozens (DOZ). This unit of measurement simplifies the calculation and tracking of the quantity of trousers, breeches, and shorts being imported or exported. It allows for easy management of inventory and ensures accurate reporting.
Special Tariff Preference Programs:
Several countries offer special tariff preference programs for products classified under HS Code 62034915. These programs aim to promote trade and strengthen economic ties between countries. Here are some of the special tariff rates for specific countries:
- Free: Bahrain (BH), Canada (CA), Chile (CL), Israel (IL), Jordan (JO), Mexico (MX), Oman (OM), Panama (P), Peru (PE), Singapore (SG)
- 8%: Australia (AU)
- 1.2%: Morocco (MA)
These special rates provide incentives for importers and exporters to engage in trade activities, making the market more accessible and favorable for these products. It is essential for traders to be aware of these special tariff preference programs to take advantage of the benefits they offer.
Importing US States:
The HS Code 62034915 has seen significant import activity in various states within the United States. The top importing states for these men's and boys' trousers, breeches, and shorts are Vermont, Arkansas, Maine, Mississippi, Nevada, and North Carolina. This data indicates the demand and popularity of these products in these states. Importers can explore opportunities in these regions to expand their business and cater to the growing market.
Exporting US States:
While the data for exporting US states is not provided, it is crucial to consider the export potential of these products. The HS Code 62034915 represents an opportunity for manufacturers and exporters to tap into international markets. By producing and exporting these garments, US states can contribute to the global fashion industry and boost their economies.
the HS Code 62034915 encompasses men's or boys' trousers, breeches, and shorts made from artificial fibers, certified hand-loomed, and folklore products. This code facilitates international trade by providing a standardized classification for these garments. Understanding the associated duty rates, special tariff preference programs, and import-export data is vital for traders and businesses operating in this industry. By leveraging this information, stakeholders can make informed decisions and capitalize on the opportunities presented by the HS Code 62034915.
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