HS Code 62132010: Handkerchiefs, not knitted or crocheted, of cotton, hemmed, not containing lace or embroidery
Handkerchiefs have been used for centuries as a practical accessory for personal hygiene and for various other purposes. This article focuses on a specific type of handkerchief identified by the HS Code 62132010. According to this code, these handkerchiefs are made of cotton, are not knitted or crocheted, and are hemmed. Additionally, they do not contain any lace or embroidery.
The HS Code system is used globally to classify and define different types of products for international trade. It provides a standardized method of categorizing goods, making it easier for countries to track and regulate imports and exports. The HS Code 62132010 specifically refers to handkerchiefs meeting the mentioned criteria.
When it comes to importing handkerchiefs with this HS Code, it is important to consider the duty rates. The bound or most-favored-nation (MFN) duty rate for this product is 13.2%. 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. This duty rate applies to handkerchiefs of this specific type, regardless of the country of origin.
The quantity unit for these handkerchiefs is dozens (DOZ), which is a common measurement for wholesale transactions. When importing or exporting these handkerchiefs, they are typically measured and priced in units of dozens.
There are also special tariff preference programs in place for this HS Code. Some countries offer preferential treatment or reduced duty rates for handkerchiefs falling under this code. These programs aim to promote trade and economic cooperation between countries. Here are some examples of special tariff preference programs for HS Code 62132010:
- Free: Handkerchiefs imported under this HS Code are duty-free in Bahrain (BH), Canada (CA) under the North American Free Trade Agreement (NAFTA), Chile (CL), Israel (IL), Jordan (JO), Mexico (MX) under NAFTA, Oman (OM), Panama (P), Peru (PE), and Singapore (SG).
- 3%: Handkerchiefs imported under this HS Code are subject to a 3% duty rate in Australia (AU).
- 1.3%: Handkerchiefs imported under this HS Code are subject to a 1.3% duty rate in Morocco (MA).
It is important for importers and exporters to be aware of these special tariff preference programs and take advantage of them when applicable. This can significantly reduce the costs associated with importing or exporting handkerchiefs under HS Code 62132010.
In terms of specific trade routes, information regarding the exporting US states for handkerchiefs under this HS Code is not available. However, the importing US states for these handkerchiefs include North Carolina and Ohio. These states have a demand for handkerchiefs of this type, and businesses can explore opportunities to supply their products to these regions.
HS Code 62132010 represents a specific category of handkerchiefs made of cotton, hemmed, and without lace or embroidery. Understanding the HS Code system, duty rates, and special tariff preference programs is crucial for importers and exporters in the handkerchief industry. By leveraging this knowledge, businesses can navigate international trade more effectively and potentially benefit from reduced costs through preferential treatment.
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