Gloves, mittens, and mitts are essential accessories in various sports activities, providing protection, comfort, and enhanced grip. HS Code 62160046 specifically refers to gloves, mittens, and mitts designed for sports use, including skiing and snowmobiling. These products are made from man-made fibers and are not impregnated or coated with plastics or rubber.
When it comes to international trade, it is crucial to understand the HS code system. HS codes, also known as Harmonized System codes, are used globally to classify and identify products for customs and trade purposes. The HS code 62160046 enables easy identification and classification of sports gloves, mittens, and mitts made from man-made fibers.
The bound or MFN (Most Favored Nation) duty rate for HS code 62160046 is 2.8%. The MFN principle ensures that whenever 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 ensures fair and equal treatment in international trade.
The quantity unit for HS code 62160046 is dozen pairs (DPR), which means the products are typically traded and measured in multiples of twelve pairs.
There are also special tariff preference programs associated with HS code 62160046. These programs provide varying degrees of duty exemptions or reduced rates for importing countries. Some of the special tariff preference programs applicable to this HS code are:
These special tariff preference programs aim to promote trade, economic cooperation, and development between countries by reducing or eliminating import duties on specific products.
Importing US states for HS code 62160046 include North Carolina and Ohio. These states are active participants in the trade of sports gloves, mittens, and mitts made from man-made fibers.
HS code 62160046 plays a crucial role in facilitating international trade of sports gloves, mittens, and mitts made from man-made fibers. It allows for easy classification, enables fair trade practices through the MFN principle, and provides opportunities for duty exemptions or reduced rates through special tariff preference programs. Understanding the HS code system and its associated data is essential for businesses and individuals involved in international trade.