On October 28, 2016, the World Customs Organization released the 2017 edition of the Harmonized System Nomenclature (HS), the world’s global standard for classifying goods in international trade; the 2017 edition will enter into use on January 1, 2017.
Used by over 200 countries, international organizations, and economic or Customs unions, the 2017 HS Nomenclature includes 242 sets of amendments – including some complementary amendments:
- 85 in the agricultural sector
- 45 in the chemical sector
- 22 in the wood sector
- 15 in the textile sector
- 6 in the base metal sector
- 25 in the machinery sector
- 18 in the transport sector
- 26 to various sectors
The 2017 edition of the Harmonized System comprises a total of 5,387 separate groups of goods identified by a 6-digit code (compared to 5,205 in the 2012 edition).
For more information about the HS Nomenclature, please see the included article from International Trade Today – here. For questions, or to further discuss the 2017 edition of the HS Nomenclature, please call (518) 298-8281 or send an email to Deringer’s Compliance Department.