Gloves, mittens, and mitts are useful accessories that provide protection and warmth to our hands in various activities. However, not all gloves are created equal. HS Code 62160054 refers to a specific type of gloves made of man-made fibers, excluding those intended for sports. These gloves are not impregnated, coated, or covered with plastics or rubber, and they do not have fourchettes, which are the fabric panels between the fingers.
Understanding the HS code is essential for international trade as it helps classify products for customs purposes. The HS code 62160054 specifically identifies this particular type of gloves, ensuring accurate categorization and facilitating smooth trade transactions.
When importing gloves classified under HS code 62160054 into the United States, it is essential to be aware of the specific regulations and duty rates associated with the product. The bound or most-favored-nation (MFN) duty rate for these gloves is 20.7 cents per kilogram plus an additional 10.4% of the value. This duty rate applies every time a country lowers a trade barrier or opens up a market, ensuring fair treatment for all trading partners.
The quantity unit for gloves under HS code 62160054 is measured in dozen pairs (DPR). This unit helps standardize the measurement and trade of gloves, making it easier for importers and exporters to accurately determine quantities and prices.
Special tariff preference programs may also apply to gloves classified under HS code 62160054. The following countries or regions offer specific rates or duty-free treatment for these gloves:
Importers in the United States should take note of the specific states involved in importing gloves under HS code 62160054. As of the available data, the states of North Carolina and Ohio are actively engaged in importing these gloves. Being aware of the importing states can help importers connect with potential buyers or sellers in those regions and facilitate trade partnerships.
HS code 62160054 plays a crucial role in accurately identifying and classifying gloves, mittens, and mitts not intended for sports. Understanding the associated duty rates, special tariff preference programs, and importing states is essential for importers, exporters, and other stakeholders involved in the global trade of these products.