HS Code 62139005: Handkerchiefs, not knitted or crocheted, containing 70% or more by weight of silk or silk waste
Handkerchiefs have been used for centuries as a practical and fashionable accessory. They are commonly made from various materials, including cotton, linen, and silk. In this article, we will focus on handkerchiefs that fall under HS Code 62139005, which specifically refers to handkerchiefs made of silk or silk waste.
The HS Code 62139005 is an international standard code used to classify and identify specific products in international trade. It provides a common language for customs authorities, traders, and statisticians to categorize products accurately. This code is used by countries around the world to regulate and monitor the import and export of handkerchiefs made from silk or silk waste.
According to the product description, handkerchiefs falling under this HS Code must contain 70% or more by weight of silk or silk waste. Silk is a natural fiber known for its luxurious feel and lustrous appearance. It is obtained from the cocoons of silkworms and is highly valued for its strength and smooth texture. Silk waste refers to the remnants and by-products of silk production, such as cocoon shells and damaged silk fibers.
When importing handkerchiefs under HS Code 62139005, the quantity unit is measured in dozens (DOZ). This unit of measurement helps in determining the number of handkerchiefs being imported or exported.
The Bound / MFN (Most Favored Nation) duty rate for handkerchiefs under this HS Code is 1.1%. The MFN principle ensures 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. This means that the same duty rate applies to handkerchiefs from all countries unless special tariff preference programs are in place.
Fortunately, there are several special tariff preference programs that can benefit importers and exporters of handkerchiefs under HS Code 62139005. These programs include:
1. Free: Generalized System of Preferences (GSP) - This program offers duty-free treatment for eligible products from various countries, including Australia (Special Rate), Bahrain (Special Rate), Canada (under NAFTA), Chile (Special Rate), European Union (E), Israel (Special Rate), Japan (J), Jordan (Special Rate), Mexico (under NAFTA), Oman (Special Rate), Peru (Special Rate), Singapore (Special Rate), and others.
2. 0.10%: Morocco (Special Rate) - This program offers a reduced duty rate of 0.10% for handkerchiefs imported from Morocco.
It is important for importers and exporters to take advantage of these special tariff preference programs to reduce costs and enhance competitiveness in the market.
In terms of trade flows, the data provided does not specify the exporting US states for handkerchiefs under HS Code 62139005. However, the importing US states listed are North Carolina and Ohio. These states may have a higher demand for handkerchiefs made of silk or silk waste, either for domestic use or for further distribution to other states or countries.
HS Code 62139005 classifies handkerchiefs made of silk or silk waste, containing 70% or more by weight of silk. It is important for importers and exporters to understand the specific requirements and duty rates associated with this HS Code. By utilizing special tariff preference programs and understanding trade flows, businesses can navigate the international market more effectively and maximize their opportunities in the handkerchief trade.
More on HS code 62139005
