HS Code 62042920: Women's or Girls' Ensembles of Artificial Fibers
Women's fashion has always been a dynamic and ever-changing industry. With the introduction of new fabrics and styles, there is a constant demand for fashionable clothing. One such category that has gained popularity in recent years is women's or girls' ensembles made of artificial fibers. This article explores the HS Code 62042920, which represents this specific product category.
The HS Code 62042920 refers to women's or girls' ensembles that are not knitted or crocheted and are made of artificial fibers. These ensembles are typically composed of multiple garments that are worn together to create a complete outfit. Examples of ensembles can include matching tops and bottoms, such as a blouse and skirt, or a dress with a coordinating jacket.
When it comes to international trade, the HS Code plays a crucial role in identifying and categorizing different products. It helps customs authorities and traders to determine the applicable duty rates, tariff preferences, and other trade regulations. In the case of HS Code 62042920, the bound/MFN duty rate is applied to each garment in the ensemble if separately entered.
The bound/MFN duty rate ensures that every country applies the same trade barriers and market access rules to all its trading partners. This promotes fair trade practices and prevents any discrimination against specific countries or products. It also helps maintain a level playing field for all participants in the global market.
The quantity unit for HS Code 62042920 is dozens (DOZ), which means that the ensembles are usually imported and exported in multiples of 12. This unit of measurement simplifies the trade process and facilitates accurate record-keeping for both importers and exporters.
In addition to the duty rate, HS Code 62042920 is also eligible for various special tariff preference programs. These programs offer reduced or duty-free rates for specific countries. For example, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Mexico (under NAFTA), Oman, Peru, and Singapore provide duty-free treatment for ensembles under this HS Code.
Furthermore, some countries have special rates for HS Code 62042920. Australia and Morocco offer their own specific rates for ensembles made of artificial fibers. These special rates can vary based on trade agreements, bilateral relations, or other factors that influence trade between countries.
When it comes to importing these ensembles into the United States, the data shows that the state of Vermont is the primary destination. Arkansas, Maine, Mississippi, Nevada, and North Carolina are also notable importing states. This information could be useful for businesses looking to target specific regions or establish trade relationships with retailers in these states.
On the other hand, the exporting US states for HS Code 62042920 are not mentioned in the available data. However, it is essential to note that the United States is a significant exporter of various textile and apparel products. Therefore, it is likely that women's or girls' ensembles made of artificial fibers are also exported from various states across the country.
HS Code 62042920 represents women's or girls' ensembles made of artificial fibers. This product category is subject to specific duty rates, tariff preferences, and trade regulations. Understanding the HS Code and its associated data can help businesses navigate the international trade landscape and make informed decisions regarding imports and exports.
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