When it comes to importing goods, understanding the Harmonized System (HS) code is crucial. The HS code acts as a universal classification system for products, facilitating international trade. In this article, we will dive into the details of HS Code 62112064, which refers to women's or girls' trousers and breeches imported as parts of ski-suits.
Product Description:
Bound / MFN Duty Rate:
Quantity Unit: Dozens (DOZ)
Special Tariff Preference Programs:
Importing US States:
Exporting US States:
HS Code 62112064 represents a specific category of women's or girls' trousers and breeches that are imported as parts of ski-suits. These trousers and breeches are made of wool and contain less than 15% by weight of down or other similar materials. It's important to note that these products are not water-resistant and are not suitable for use as protective clothing.
When importing products under HS Code 62112064, it's crucial to familiarize yourself with the bound or Most Favored Nation (MFN) duty rate. In the case of this HS code, the duty rate is set at 17.5%. This means that every time 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 HS code is measured in dozens (DOZ), which is a common unit of measurement for goods in the apparel industry.
Several special tariff preference programs are applicable to the importation of products under HS Code 62112064. These programs aim to promote trade and provide certain countries with preferential treatment in terms of duty rates. Some countries, such as Bahrain, Chile, Jordan, Oman, and Peru, offer duty-free treatment for these products. Canada and Mexico provide duty-free treatment under the North American Free Trade Agreement (NAFTA). Israel, the Dominican Republic-Central American region (DR-CAFTA), and Singapore also offer duty-free treatment. Australia applies a reduced duty rate of 8%, while Morocco applies a rate of 1.8%.
Unfortunately, the data does not provide specific information on the importing and exporting US states for this HS code. However, it's important to note that international trade can vary based on various factors, including the demand for these products in different states.
HS Code 62112064 represents women's or girls' trousers and breeches imported as parts of ski-suits. Understanding the details of this HS code, such as the product description, duty rate, quantity unit, special tariff preference programs, and importing/exporting US states, can greatly facilitate international trade in this specific product category.