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The tariff schedule has 99 chapters under 22 sections, and various appendices for chemicals, pharmaceuticals, and intermediate chemicals for dye.Raw materials or basic substances generally appear in the early chapters and in earlier headings within a chapter, whereas highly processed goods and manufactured articles appear in later chapters and headings.
The process of assigning HS codes is known as "HS Classification". All products can be classified in the HS by using the General Rules for the Interpretation of the Harmonized System ("GRI") that must be applied in strict order. HS codes can be determined by a variety of factors including a product's composition, its form and its function.
This is a list of countries by tariff rate. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1. Import duty refers to taxes levied on imported goods, capital and services. The level of customs duties is a direct indicator of the openness of an economy to world trade.
It includes information on the top exporting countries for various product categories and shows the market leaders in different export markets. The individual product categories are based on a bundling of products related in type or production method (Harmonized System).
The following is a list of countries by exports of electronics, including parts thereof (Harmonized System code 85). Data is for 2022, in billions of United States dollars, as reported by International Trade Centre. Currently, the top 30 countries are listed.
The codes and the descriptions of goods established on the basis of the combined nomenclature shall replace those established on the basis of the nomenclatures of the Common Customs Tariff and the Nimexe. It is established on the basis of the Harmonized System. The combined nomenclature shall comprise : (a) the harmonized system nomenclature ...
This makes the OEC much more recent, relevant, and higher resolution. The 4.0 version of the OEC also includes several new features, such as a tunable forecast tool, the tariff explorer, and the ability to calculate economic complexity rankings dynamically. OEC 4.0 was built from scratch on a completely new code base created solely by Datawheel.
GRI 1 prescribes how to classify products at the 4-digit Heading level, based on the wording of the headings and the relative HS Section and Chapter Notes. GRI 2 prescribes how to classify both incomplete and unassembled goods, and mixtures and combinations of goods.