When it comes to international trade, it is crucial to have a standardized system in place to classify and categorize different products. The Harmonized System (HS) code is an internationally recognized system that assigns a unique code to each product, allowing for seamless trade across borders. In this article, we will explore the HS code 62063020, which is assigned to women's or girls' blouses and shirts made of cotton, containing 36 percent or more of flax fibers, and not knitted or crocheted.
The HS code 62063020 refers to a specific type of garment - women's or girls' blouses and shirts. These garments are made of cotton and must contain 36 percent or more of flax fibers. It is important to note that the garments falling under this HS code are not knitted or crocheted. The use of flax fibers adds a unique element to these blouses and shirts, making them stand out in terms of both design and durability.
The bound / most-favored-nation (MFN) duty rate for products classified under HS code 62063020 is 3.5%. This means that whenever a country lowers a trade barrier or opens up a market, it must do so for the same goods or services from all its trading partners. The 3.5% duty rate applies to the importation of women's or girls' blouses and shirts falling under this HS code.
The quantity unit for products classified under HS code 62063020 is dozens (DOZ). This unit of measurement allows for easy tracking and calculation of quantities during international trade transactions. It is important for importers and exporters to be aware of the quantity unit to ensure accurate documentation and efficient logistics management.
Under various tariff preference programs, certain countries offer special rates or duty-free treatment for products classified under HS code 62063020. The following countries have special tariff preference programs:
These special tariff preference programs aim to promote trade and economic cooperation between countries by providing favorable conditions for certain products. Importers and exporters should take advantage of these programs to reduce costs and enhance competitiveness in the global market.
For the importation of products classified under HS code 62063020 to the United States, the following states are commonly involved:
These states have a significant demand for women's or girls' blouses and shirts, making them important destinations for exporters. Understanding the specific market dynamics and requirements of these states is essential for successful trade operations.
While the data provided does not specify the exporting US states for products classified under HS code 62063020, it is important to note that the United States is a major exporter of various textile and apparel products. With its advanced manufacturing capabilities and access to global markets, the US plays a significant role in international trade.
the HS code 62063020 represents women's or girls' blouses and shirts made of cotton, containing 36 percent or more of flax fibers, and not knitted or crocheted. Importers and exporters should be aware of the duty rates, quantity unit, special tariff preference programs, and specific market dynamics associated with this HS code to optimize their international trade operations.