When it comes to international trade, it is important to have a standardized system for classifying goods. This is where the Harmonized System (HS) code comes into play. The HS code is used by customs authorities around the world to identify and classify products. In this article, we will delve into the details of HS code 62064020, which refers to women's or girls' blouses and shirts made of manmade fibers, containing 30 percent or more of silk/silk waste, not knitted or crocheted.
HS code 62064020 specifically covers blouses and shirts for women and girls that are made of manmade fibers, such as polyester or nylon, and contain 30 percent or more of silk or silk waste. These garments are not knitted or crocheted, distinguishing them from other types of clothing.
It is worth noting that the HS code is not just a random number assigned to a product. It carries important information about the product, such as its composition, manufacturing process, and intended use. This information is crucial for customs authorities to determine the appropriate duties and tariffs that should be applied to the product.
In the case of HS code 62064020, the bound or Most Favored Nation (MFN) duty rate is 4%. The MFN duty rate is the standard rate that applies to imports from all trading partners unless a country has a special trade agreement or preference program in place. This means that regardless of the country of origin, women's or girls' blouses and shirts falling under this HS code will be subject to a 4% duty when imported.
However, there are certain special tariff preference programs in place that provide exemptions or reduced rates for importing countries. For example, countries such as Bahrain, Canada, Chile, Israel, Jordan, Mexico, Oman, Peru, and Singapore offer duty-free treatment for products classified under HS code 62064020. This means that if the import is coming from any of these countries, no duty will be levied on the blouses and shirts.
Additionally, Australia offers a special rate of 3.6% for imports under this HS code. Morocco also has a special rate, but it is not specified in the available data.
The quantity unit for HS code 62064020 is dozens (DOZ), which means that the products are usually measured and traded in sets of 12 units.
Importing states in the United States that have reported imports of products falling under HS code 62064020 include New York, Pennsylvania, Virginia, and Maine. These states have shown a consistent demand for women's and girls' blouses and shirts made of manmade fibers with a significant silk content.
On the other hand, the exporting states within the United States are not specified in the available data. However, it is important to note that the United States is a major exporter of various textile products, including women's and girls' clothing.
HS code 62064020 refers to women's or girls' blouses and shirts made of manmade fibers, containing 30 percent or more of silk/silk waste, not knitted or crocheted. This HS code helps customs authorities classify and regulate the import and export of these specific garments. Understanding the HS code is crucial for international traders to navigate the complex world of customs duties, tariffs, and trade agreements.