Toy jewelry is a popular item among children and even some adults. It allows them to express their creativity and accessorize their outfits. HS Code 71171960 specifically refers to toy jewelry made of base metal, excluding types such as rope, curb, cable, and chain. The value of each piece should not exceed 8 cents. In this article, we will explore the details of this HS code and understand its implications in international trade.
The product description of HS Code 71171960 highlights that it encompasses toy jewelry made of base metal. This includes various types of jewelry such as rings, bracelets, necklaces, and earrings. However, it specifically excludes jewelry made of materials like rope, curb, cable, and chain. Additionally, the value of each piece should not exceed 8 cents.
The bound or most-favored-nation (MFN) duty rate for HS Code 71171960 is free. This means that countries do not impose any import duties on this particular category of toy jewelry made of base metal. The concept of MFN treatment ensures that when a country lowers a trade barrier or opens up its market, it has to do so for the same goods or services from all its trading partners. Therefore, this duty-free treatment applies universally.
No units are collected for HS Code 71171960. The quantity unit is denoted as "no units collected (X)." This suggests that the measurement of this product is not based on a specific unit of quantity such as kilograms or pieces. Instead, it may be categorized differently or measured differently for trade purposes.
HS Code 71171960 is eligible for special tariff preference programs, allowing for additional benefits in certain countries. The following countries provide special rates or duty-free treatment under specific programs:
These special tariff preference programs aim to promote trade and cooperation between countries by reducing or eliminating import duties on specific goods. Importers and exporters of toy jewelry under HS Code 71171960 can benefit from these programs when trading with the mentioned countries.
When it comes to importing toy jewelry under HS Code 71171960, several US states engage in this trade. The following states are actively involved in importing:
These states serve as import destinations for toy jewelry made of base metal. The presence of multiple importing states indicates a demand for these products within the United States.
On the other hand, the following US states are actively involved in exporting toy jewelry under HS Code 71171960:
These states play a significant role in the export of toy jewelry made of base metal. The inclusion of additional states like Idaho demonstrates the diversity of exporting locations within the United States.
HS Code 71171960 covers toy jewelry made of base metal, excluding specific types such as rope, curb, cable, and chain. This code allows for duty-free treatment globally, and certain countries offer additional benefits under special tariff preference programs. Importing US states include Connecticut, Florida, Hawaii, New York, Rhode Island, and the Virgin Islands. Meanwhile, exporting US states encompass California, Florida, Hawaii, Nevada, New Jersey, New York, Rhode Island, Virgin Islands, and Idaho. Understanding this HS code and its associated data is crucial for businesses and individuals involved in the toy jewelry trade.