HS Code 62043340: Women's or Girls' Suit-Type Jackets & Blazers
Women's fashion is a constantly evolving industry, with new trends and styles emerging each season. When it comes to formal wear, suit-type jackets and blazers are a staple in many women's wardrobes. These sophisticated and stylish garments add a touch of elegance and professionalism to any outfit. In this article, we will explore the HS Code 62043340, which specifically refers to women's or girls' suit-type jackets and blazers made of synthetic fibers, containing 36% or more of wool or fine animal hair.
The HS Code 62043340 is a specific code used in international trade to classify and identify this particular type of product. It is part of the Harmonized System (HS), a globally recognized system for classifying goods based on a standardized coding system. This system helps facilitate international trade by ensuring that products are classified uniformly across different countries.
The product description for HS Code 62043340 clearly outlines the key characteristics of the jackets and blazers it encompasses. These garments are specifically designed for women and girls, and they are not knitted or crocheted. They are made of synthetic fibers and must contain 36% or more of wool or fine animal hair. This composition ensures that the jackets and blazers are warm, durable, and of high quality.
When it comes to importing or exporting products classified under HS Code 62043340, it is important to be aware of the associated duties and tariffs. The bound or Most Favored Nation (MFN) duty rate for this HS Code is 46.3 cents per kilogram plus 21%. This means that a certain amount is charged per kilogram of the product, and an additional percentage is added to the total value.
Furthermore, it is crucial to consider any special tariff preference programs that may apply to HS Code 62043340. In this case, there are several countries that offer preferential treatment for the import or export of these jackets and blazers. Free trade agreements or special rates may apply to countries such as Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Mexico (under NAFTA), Oman, Peru, and Singapore. These agreements aim to promote trade and reduce barriers between countries, allowing for more favorable conditions for the import or export of goods.
The quantity unit for HS Code 62043340 is dozens (DOZ), indicating that these jackets and blazers are typically traded in sets of twelve. This unit of measurement helps streamline transactions and ensures consistency in trade records.
In the United States, different states may have varying levels of imports and exports of products classified under HS Code 62043340. It is important for businesses and traders to be aware of these patterns to better understand market demand and potential opportunities for growth. Similarly, exporting US states may have different levels of demand for these garments in international markets.
HS Code 62043340 encompasses women's or girls' suit-type jackets and blazers made of synthetic fibers, containing 36% or more of wool or fine animal hair. This specific HS Code is used to classify and identify these products in international trade. It is important for importers and exporters to be aware of the associated duties, tariffs, and special tariff preference programs that may apply. By understanding the intricacies of this HS Code, businesses can navigate the global market more effectively and seize opportunities for growth.
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