Gloves, mittens, and mitts are essential accessories used to protect and keep our hands warm in cold weather. HS Code 62160080 specifically refers to gloves, mittens, and mitts made of wool or fine animal hair that are not knitted or crocheted. In this article, we will explore the details and implications of this HS code.
According to the HS code 62160080, the bound/MFN (Most Favored Nation) duty rate for these gloves is 3.5%. The bound duty rate signifies 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 ensures fair and equal treatment for all countries involved in international trade.
The quantity unit for these gloves is measured in dozen pairs (DPR), meaning that they are typically imported and exported in multiples of twelve pairs.
There are also special tariff preference programs associated with HS Code 62160080. The following countries offer duty-free or reduced tariff rates for the import of these gloves:
These special tariff preference programs aim to promote trade and economic cooperation between the countries involved. By offering duty-free or reduced tariff rates, these programs incentivize importers and exporters to engage in trade activities, fostering economic growth and development.
When it comes to importing HS Code 62160080 products into the United States, states like North Carolina and Ohio are known to be major importers. These states have a high demand for gloves, mittens, and mitts, especially during the colder months, and import them from various countries to meet the needs of their consumers.
While the exporting states within the United States for these gloves are not specified in the provided data, it is safe to assume that states with a strong textile industry, such as California, Texas, and New York, may also play a significant role in exporting these products.
HS Code 62160080 pertains to gloves, mittens, and mitts made of wool or fine animal hair that are not knitted or crocheted. The code provides information about the duty rates, quantity units, and special tariff preference programs associated with these products. Understanding the details of HS Code 62160080 is crucial for importers, exporters, and anyone involved in the global trade of gloves and similar accessories.