Harmonized System (HS) code
The Harmonized System (HS) code is an internationally standardized numerical method of classifying traded products. Developed by the World Customs Organization (WCO), HS codes are used by customs authorities to identify goods, apply tariffs, and collect trade statistics. Accurate HS coding is essential for smooth customs clearance and compliance with international trade regulations.
Related glossary terms
Duty
Duty is a government tax applied to imported goods, based on HS classification, country of origin, and value. Learn types, calculation, and who pays the duty.
Ad Valorem Duty
Ad valorem duty is a customs fee set as a percentage of a shipment's value. Higher-value goods pay more, directly affecting the total landed cost for importers.
Customs broker
Customs broker is a licensed professional who clears shipments through customs on behalf of importers. Learn services, licensing rules, and when to hire.
Certificate of Origin (C/O)
Certificate of Origin (C/O) certifies a shipment's country of manufacture. Learn how customs authorities use it, why FTAs require it, and how to obtain one.
