HS Code stands for Harmonized System Code. It is an international index used for categorizing goods, enabling consistent classification and taxation. The HS Code consists of 21 sections and numerous subsections that allow shippers to describe their goods in great detail using only numbers.
The World Customs Organization (WCO) is responsible for updating and adding to the index, which it does every five years.
Countries will often customize HS Codes by adding onto them, like HTS codes in the United States. In cases where countries have individual versions of the HS Code, use the code unique to the country into which you are importing your goods to estimate duties.
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Learn all about the Harmonized System, its 2022 updates, and how they may affect you.
Learn more about the eleven existing Incoterms® rules and what they mean for your shipping business.
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