HS Code 62042300 represents a specific category of women's or girls' ensembles made of synthetic fibers. This code is used for international trade purposes to classify and track the import and export of these products. In this article, we will explore the details of this HS code, including its product description, duty rates, quantity units, and special tariff preference programs. Additionally, we will discuss the importing and exporting US states related to this specific HS code. Let's delve deeper into the world of HS Code 62042300.
The product description for HS Code 62042300 states that it includes women's or girls' ensembles that are not knitted or crocheted and are made of synthetic fibers. Ensembles typically consist of multiple garments that are designed to be worn together, creating a coordinated outfit. These ensembles can include items such as tops, bottoms, dresses, skirts, and more. It is important to note that this HS code specifically refers to ensembles made of synthetic fibers, indicating the materials used in their production.
The bound/MFN duty rate is the rate applicable to each garment in the ensemble if separately entered. This rate is applied when a country lowers a trade barrier or opens up a market. It ensures that the same goods or services from all trading partners are treated equally. The specific duty rate for HS Code 62042300 can vary depending on the country and its trade policies. Importers and exporters need to be aware of the duty rates applicable to this HS code in order to calculate costs and comply with trade regulations.
HS Code 62042300 uses dozens (DOZ) as the quantity unit. This means that the ensembles are typically measured and traded in multiples of dozens. Importers and exporters must consider this unit when determining the quantity of ensembles being traded.
Several special tariff preference programs are applicable to HS Code 62042300. These programs offer specific trade benefits and preferential treatment to certain countries. The following countries enjoy free tariff rates for ensembles under this HS code: Bahrain (BH), Canada (CA) under NAFTA, Chile (CL), Israel (IL), Jordan (JO), Mexico (MX) under NAFTA, Peru (PE), and Singapore (SG).
Additionally, Australia (AU), Morocco (MA), and Oman (OM) have their own special rates for ensembles under HS Code 62042300. It is important for importers and exporters to be aware of these special tariff preference programs as they can significantly impact the cost and competitiveness of their products in the international market.
When it comes to importing ensembles under HS Code 62042300, the data shows that the state of Vermont is the primary destination. It is important to note that Vermont appears multiple times in the data, indicating a high volume of imports for this state. Importers targeting the US market should consider the demand in Vermont and tailor their distribution and marketing strategies accordingly.
Other US states that appear in the data for importing ensembles under this HS code include Arkansas, Maine, Mississippi, Nevada, and North Carolina. While Vermont stands out as the top importing state, these other states also present opportunities for importers to tap into the US market for women's or girls' ensembles made of synthetic fibers.
The data does not provide information on the specific US states that export ensembles under HS Code 62042300. However, it is important for exporters to identify potential markets within the US and understand the demand for these products. Conducting market research and establishing trade partnerships can help exporters find opportunities to sell their ensembles to US buyers.
HS Code 62042300 represents women's or girls' ensembles, not knitted or crocheted, made of synthetic fibers. This HS code is used to classify and track the import and export of these products in international trade. Importers and exporters should be aware of the product description, duty rates, quantity units, special tariff preference programs, and the importing US states related to this HS code. By understanding these details, businesses can make informed decisions and optimize their trade activities within this specific product category.