When it comes to international trade, it is important to have a standardized system to classify and identify different products. One such system is the Harmonized System (HS) code, which is used by customs authorities around the world to determine the appropriate duty rates and regulations for imported and exported goods. In this article, we will take a closer look at the HS code 62053020, which refers to men's or boys' shirts made of manmade fibers.
The product description for HS code 62053020 specifies that it applies to men's or boys' shirts that are not knitted or crocheted and are made of manmade fibers. This means that the shirts are manufactured using synthetic materials such as polyester, nylon, or acrylic, rather than natural fibers like cotton or wool. The "nesoi" abbreviation stands for "not elsewhere specified or included," indicating that this HS code covers shirts that do not fall under any other specific category.
When it comes to duty rates, the bound rate for HS code 62053020 is 29.1 cents per kilogram plus an additional 25.9% of the value of the goods. It is important to note that this is the maximum rate that a country can charge for importing these shirts. However, countries often negotiate lower rates through free trade agreements or special tariff preference programs.
In the case of HS code 62053020, there are several special tariff preference programs that offer reduced or duty-free rates for importing these shirts. For example, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Mexico (under NAFTA), Oman, Peru, and Singapore all offer duty-free treatment for these shirts. Australia, on the other hand, applies a special rate of 8% for importing shirts under this HS code.
It is also worth mentioning that there is a specific subcategory within HS code 62053020, which is covered under the tariff lines 9912.62.79-9912.62.82. This subcategory applies to shirts imported from Morocco, and the duty rate for these shirts is specified as "Free" under this subcategory.
When it comes to quantity units, HS code 62053020 uses dozens (DOZ) as the standard unit of measurement. This means that the quantity of shirts imported or exported under this HS code is measured in sets of twelve.
Now, let's take a look at the specific states in the United States that import shirts under HS code 62053020. According to the available data, the top importing states for these shirts are New York, Pennsylvania, Virginia, and Maine. These states have a higher demand for men's or boys' shirts made of manmade fibers, and businesses in these states engage in international trade to meet that demand.
On the other hand, the data does not specify the exporting states within the United States for HS code 62053020. This means that the information about the origin of these shirts is not available, and it could vary depending on the manufacturing and distribution networks of different companies.
HS code 62053020 refers to men's or boys' shirts made of manmade fibers, not knitted or crocheted. This HS code is used to classify and regulate the import and export of these shirts, determining duty rates and special tariff preference programs. It is important for businesses engaged in international trade to understand and comply with the regulations associated with HS code 62053020 to ensure smooth and efficient cross-border transactions.