Women's or girls' swimwear is a popular clothing item that is worn for swimming or other water-related activities. This article focuses on swimwear made of textile materials, specifically those containing 70% or more by weight of silk or silk waste, and are not knit or crocheted. The Harmonized System (HS) Code for this product is 62111240.
When importing or exporting this swimwear, it is important to understand the various duty rates and special tariff preference programs associated with it. The bound or Most Favored Nation (MFN) duty rate for this HS code is 1.2%. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners.
The quantity unit for this swimwear is measured in dozens (DOZ), which is a common unit for garments. This makes it easier to calculate and track the quantity of swimwear being imported or exported.
There are several special tariff preference programs available for this HS code. These programs offer reduced or duty-free rates for specific countries. The following countries have duty-free rates for this swimwear: Australia, Bahrain, Canada (under NAFTA), Chile, European Union, Israel, Japan, Jordan, Mexico (under NAFTA), Oman, Peru, Singapore. Morocco has a special rate of 0.1% for this product.
When importing this swimwear into the United States, it is important to consider the specific importing and exporting states. Different states may have different regulations or requirements for importing and exporting this product. It is advisable to be familiar with these regulations to ensure compliance and smooth trade.
HS Code 62111240 is used to classify women's or girls' swimwear made of textile materials, containing 70% or more by weight of silk or silk waste, and not knit or crocheted. It is important to understand the duty rates, quantity unit, and special tariff preference programs associated with this HS code when importing or exporting this swimwear. Compliance with regulations and knowledge of specific importing and exporting states is crucial for successful trade.