When it comes to international trade, it is essential to have a standardized system in place to classify and identify different products. One such system is the Harmonized System (HS) code, which is used by countries worldwide to classify goods for customs purposes. In this article, we will explore the HS code 62112058, which pertains to women's or girls' anoraks and ski-suits.
The HS code 62112058 refers to anoraks and ski-suits for women and girls. These products are imported as parts of ski-suits and are made of textile materials, excluding wool. The garments have a composition of less than 15% weight down, and they are not water-resistant or knitted/crocheted.
Anoraks and ski-suits are popular outerwear options for women and girls, especially in colder climates or during winter sports activities. They provide warmth, protection, and style, making them an essential part of many people's wardrobes.
The bound or Most Favored Nation (MFN) duty rate for the HS code 62112058 is 28%. The MFN duty rate is the rate applied to imports from all trading partners, ensuring that countries maintain fair and equal trade practices. When 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 duty rate ensures that there is a level playing field for all countries involved in international trade and prevents unfair advantages or disadvantages for specific trading partners.
The quantity unit for the HS code 62112058 is dozens (DOZ). This unit indicates that the measurement and trade of these anoraks and ski-suits are typically done in multiples of twelve.
Using dozens as the quantity unit allows for easier calculation and standardization in international trade. It simplifies the process of determining the number of units being imported or exported and facilitates accurate record-keeping and reporting.
Several countries have special tariff preference programs in place for the importation of products classified under the HS code 62112058. These programs offer reduced or duty-free rates to promote trade and strengthen economic relations between countries.
The following countries have special tariff rates for women's or girls' anoraks and ski-suits:
These special tariff preference programs aim to facilitate trade and provide economic benefits for both importing and exporting countries. They encourage countries to strengthen their trade relations and promote the exchange of goods and services.
When it comes to the importation and exportation of products classified under the HS code 62112058, different states in the United States play significant roles. Some states are major importers, while others are major exporters of these anoraks and ski-suits.
Importing US states for women's or girls' anoraks and ski-suits include:
These states have a high demand for these garments, either due to their climate or the popularity of winter sports activities. They import significant quantities of anoraks and ski-suits to cater to the needs of their residents and visitors.
Exporting US states for women's or girls' anoraks and ski-suits include:
These states have a strong manufacturing and export industry for anoraks and ski-suits. They produce high-quality products that are in demand worldwide and contribute to the global trade of these garments.
Overall, the HS code 62112058 plays a significant role in the international trade of women's and girls' anoraks and ski-suits. It provides a standardized classification system, ensures fair trade practices, and facilitates economic relations between countries. Understanding the details and implications of this HS code is essential for businesses, importers, exporters, and policymakers involved in the global textile and apparel industry.