When it comes to international trade, it is important to have a standardized system for classifying products. The Harmonized System (HS) Code is a globally recognized code used to classify traded goods. Each HS Code corresponds to a specific product, allowing for easier identification and tracking of goods across borders.
One such HS Code is 62063030, which refers to women's or girls' blouses and shirts made of cotton, not knitted or crocheted, and not elsewhere specified or included (nesoi). Let's take a closer look at this HS Code and the relevant information associated with it.
HS Code 62063030 specifically covers blouses and shirts for women or girls. These garments are made of cotton and are not knitted or crocheted. The "nesoi" abbreviation indicates that these items are not included in any other specific category under this HS Code.
The bound or most-favored-nation (MFN) duty rate for HS Code 62063030 is 15.4%. This means 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. The duty rate is the percentage of the product's value that is charged as a tax upon importation.
The quantity unit for HS Code 62063030 is dozens (DOZ). This unit of measurement indicates that the quantity of blouses and shirts is measured in multiples of 12.
Several special tariff preference programs are applicable to HS Code 62063030. These programs provide certain countries with preferential treatment in terms of duty rates. Here are some examples:
These special tariff preference programs aim to promote trade and economic cooperation between countries by offering reduced or eliminated duty rates for specific goods.
HS Code 62063030 is imported into the United States by various states. Some of the states involved in the importation of these blouses and shirts include New York, Pennsylvania, Virginia, and Maine.
On the other hand, the exporting US states for HS Code 62063030 are not specified in the available data.
Overall, HS Code 62063030 plays a crucial role in international trade by providing a standardized classification for women's or girls' blouses and shirts made of cotton. Understanding the details and associated information with this HS Code helps in efficient and accurate trade practices.