When it comes to international trade, it is essential to have a standardized system for classifying products. This is where the Harmonized System (HS) code comes into play. The HS code 62064030 specifically refers to women's or girls' blouses and shirts, not knitted or crocheted, made of manmade fibers.
Understanding the HS code is crucial for importers and exporters as it helps them navigate customs procedures and determine the applicable duty rates. In the case of HS code 62064030, the bound or most-favored-nation (MFN) duty rate is 26.9%. 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 quantity unit for this particular HS code is dozens (DOZ), which is a common measurement for garments. This allows for easy calculation and tracking of the quantity being imported or exported.
Furthermore, there are special tariff preference programs in place for this product category. In certain countries, such as Bahrain, Canada, Chile, Israel, Jordan, Mexico, Oman, Peru, Singapore, and others, these blouses and shirts may be imported duty-free or at a reduced rate of 8%. For example, Bahrain offers a special rate, while Canada benefits from duty-free treatment under the North American Free Trade Agreement (NAFTA).
It is worth noting that some countries, like Australia, have a specific rate of 8% for this product category. Additionally, there may be specific subcategories within this HS code that have different rates, such as those outlined in 9912.62.87-9912.62.91 for Morocco.
When it comes to importing these blouses and shirts into the United States, several states are frequent importers. New York, Pennsylvania, and Virginia are among the key states that have a demand for this product. These states may have a higher concentration of retailers or fashion industry hubs, leading to increased imports.
On the other hand, the data does not provide information about the exporting states within the United States. It is crucial for businesses involved in international trade to have a clear understanding of both the importing and exporting states to identify potential markets and trading partners.
HS code 62064030 represents women's or girls' blouses and shirts made of manmade fibers. Importers and exporters should be aware of the applicable duty rates, special tariff preference programs, and the quantity unit. Understanding the HS code is essential for smooth customs procedures and successful international trade.