In this educational article, we will discuss the HS Code 42032915, which refers to gloves that are not made entirely of horsehide or cowhide leather and are not specially designed for use in sports. These gloves also have fourchettes or sidewalls, which are specific design features.
The HS Code is a standardized international system for classifying and categorizing products in international trade. It helps ensure that all countries use the same codes and definitions, making it easier to track and analyze trade statistics.
The product description provided for this HS Code specifies that the gloves must meet certain criteria to fall under this code. They must not be made entirely of horsehide or cowhide leather, which means they may contain other types of leather or materials. Additionally, these gloves are not designed for sports use but may be used for other purposes.
The bound / MFN duty rate for this HS Code is 14%. Bound rates refer to the maximum tariff rates that a country can impose on imports. The MFN (Most Favored Nation) duty rate indicates that this rate will be applied to all trading partners uniformly. 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.
The quantity unit for this HS Code is dozen pairs (DPR). This means that the gloves are usually imported and exported in packages containing twelve pairs.
There are also special tariff preference programs in place for this HS Code. Some countries offer duty-free treatment for these gloves, while others apply a reduced tariff rate. The countries offering duty-free treatment include Australia, Bahrain, Canada (under NAFTA), Dominican Republic (under DR-CAFTA), Israel, Jordan, Morocco, Mexico (under NAFTA), Oman, and Peru. Chile and Singapore offer a special tariff rate of 1.7% for these gloves.
When it comes to importing these gloves into the United States, the data does not specify any particular states. However, it is worth noting that Hawaii is mentioned multiple times as an exporting state. This could indicate that Hawaii has a significant presence in the production or export of gloves falling under this HS Code.
the HS Code 42032915 refers to gloves that are not wholly made of horsehide or cowhide leather, not designed for sports use, and have specific design features. The bound / MFN duty rate for these gloves is 14%, and they are usually imported and exported in packages containing a dozen pairs. Some countries offer duty-free treatment, while others apply a reduced tariff rate for these gloves. Hawaii is mentioned as an exporting state in the data provided.