Harmonized System Code

The Harmonized System (HS) Code is an internationally standardized system used to classify products in global trade. It assigns unique numerical codes to different types of goods, making it easier for customs authorities, businesses, and governments to identify, track, and regulate imports and exports. These codes help facilitate international trade by ensuring consistent categorization across countries, simplifying tariffs, and complying with trade regulations. Essentially, an HS Code acts as a product’s ID badge in global commerce, streamlining trade processes and ensuring accurate classification of goods worldwide.