Shawls, scarves, mufflers, mantillas, veils, and similar items are popular fashion accessories that can instantly elevate any outfit. These versatile pieces come in a wide range of materials, styles, and designs, catering to various fashion preferences. If you are interested in importing or exporting such items, it is crucial to understand the HS Code 62143000, which specifically refers to non-knitted or non-crocheted shawls, scarves, mufflers, mantillas, veils, and the like, made of synthetic fibers.
The HS Code serves as a universal classification system that enables countries to categorize and track different goods as they enter or exit their territories. HS Code 62143000 falls under Chapter 62 of the Harmonized System, which focuses on articles of apparel and clothing accessories, not knitted or crocheted.
HS Code 62143000 encompasses a vast array of fashion accessories, including shawls, scarves, mufflers, mantillas, veils, and similar items. These products are made from synthetic fibers, which offer durability, versatility, and a wide range of design possibilities.
Shawls, scarves, and other similar products covered by this HS Code can be made from materials such as polyester, nylon, rayon, or other synthetic fibers. They may come in various shapes, sizes, and colors, offering endless possibilities for fashion enthusiasts.
The bound or most-favored-nation (MFN) duty rate for HS Code 62143000 is 5.3%. The MFN duty rate is the rate that applies to all countries, ensuring equal treatment for trading partners. Whenever a country lowers trade barriers or opens up its market, it must do so for the same goods or services from all its trading partners.
This duty rate helps regulate international trade and maintain a level playing field for all countries involved. Importers or exporters dealing with products under HS Code 62143000 should take this duty rate into account when calculating costs and pricing.
The quantity unit for HS Code 62143000 is dozens (DOZ). This unit of measurement allows for easy tracking and standardization of quantities when importing or exporting shawls, scarves, mufflers, mantillas, veils, and similar items made of synthetic fibers.
Several special tariff preference programs are available for products falling under HS Code 62143000. These programs offer reduced or duty-free rates, promoting trade between specific countries. Here are some examples:
These special tariff preference programs open up opportunities for importers and exporters to benefit from lower tariffs, enhancing trade relationships and fostering economic growth.
When it comes to importing HS Code 62143000 products into the United States, it is essential to consider the specific states involved. Based on the available data, the following states are active importers:
These states demonstrate a demand for shawls, scarves, mufflers, mantillas, veils, and similar items made of synthetic fibers, providing potential business opportunities for exporters.
Understanding HS Code 62143000 is crucial for importers and exporters involved in the trade of shawls, scarves, mufflers, mantillas, veils, and similar items. By familiarizing themselves with the product description, duty rates, quantity units, special tariff preference programs, and relevant importing/exporting states, businesses can navigate international trade more effectively and seize opportunities for growth.