When it comes to international trade, it is essential to have a standardized system for classifying goods and products. This is where the Harmonized System (HS) Code comes into play. The HS Code is an internationally recognized system that assigns a unique code to each product, making it easier to classify and track goods during import and export.
In this article, we will discuss HS Code 98220605, which refers to eligible apparel articles of Chapter 62 assembled in the Dominican Republic and imported directly under U.S. note 27 to this subchapter.
Chapter 62 of the HS Code pertains to articles of apparel and clothing accessories, including knitwear and non-knitwear. This chapter covers a wide range of products, such as shirts, trousers, suits, dresses, skirts, and various other garments.
The HS Code 98220605 indicates that these apparel articles are specifically assembled in the Dominican Republic. Assembling in this context refers to the process of combining different components or parts to create a finished product. This means that the garments included under this HS Code are likely manufactured using materials and components from multiple sources.
Importing directly under U.S. note 27 to this subchapter means that these eligible apparel articles benefit from certain special tariff preference programs. One such program is the Dominican Republic-Central American Special Rate (DR-CAFTA), which offers a free tariff preference for imports from the Dominican Republic.
It is important to note that the bound or Most Favored Nation (MFN) duty rate applies to this HS Code. The MFN duty rate is the rate that a country must apply to all its trading partners when it lowers a trade barrier or opens up a market. This ensures equal treatment for all trading partners and prevents discrimination.
Unfortunately, the specific quantity unit for this HS Code is not available (NA). The quantity unit typically refers to the unit of measurement used to determine the quantity or volume of the imported or exported goods. In this case, the quantity unit is not specified, which may vary depending on the specific apparel articles being imported.
When it comes to importing these eligible apparel articles, various U.S. states engage in trade with the Dominican Republic. Some of the major importing U.S. states include California, Florida, New York, Texas, and New Jersey. These states have a significant demand for apparel products and often rely on imports to meet consumer needs.
On the other hand, the exporting U.S. states may vary depending on the specific apparel articles being exported. The Dominican Republic, being a major manufacturing hub for apparel, exports these eligible articles to various U.S. states and other countries around the world.
HS Code 98220605 represents eligible apparel articles of Chapter 62 assembled in the Dominican Republic and imported directly under U.S. note 27 to this subchapter. Understanding the HS Code system is crucial for international trade, as it allows for standardized classification and tracking of goods. The special tariff preference programs and the MFN duty rate associated with this HS Code play a significant role in determining the cost and benefits of importing these apparel articles. Importing U.S. states, such as California, Florida, New York, Texas, and New Jersey, are key players in the trade of these goods, while the exporting U.S. states depend on the specific apparel articles being exported. Overall, the HS Code 98220605 sheds light on the complexities and regulations involved in the global trade of apparel.