In this article you will get to know everything about commodity codes in international trade, such as HS (Harmonized System) and HTS (Harmonized Tariff System) Codes.
What is a commodity code?
Commodity codes, also known as tariff codes, are internationally recognized reference numbers used to describe specific products during the import and export of goods. These codes are essential for customs declarations and can be found using a trade tariff tool. Most import commodity codes consist of 10 digits, but some may have an additional 4 digits.