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Customs Release

Global trade volume in 2019 was 11.08 billion tons amounting to around $19 trillion in value.. Seaborne trade accounts for around 90% of global trade..

Currently, various cargoes are transported in 24 million+ containers around the world on over 6,218 container vessels..

As you can imagine this leads to a lot of documentation especially with Customs authorities around the world.. When we speak of Customs authorities around the world, you can also imagine the different rules and regulations each country has for the import and export of cargo to/from their country..

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Customs and ports urged to maintain flow of critical goods during pandemic

Press Release - Shipping and Freight Resource

Trade by sea must continue to flow to maintain the continued provision of essential goods, including vital medical supplies, during the unprecedented global situation arising from the COVID-19 pandemic.

This was the message of a joint statement from the heads of the International Maritime Organization (IMO) and the World Customs Organization (WCO), issued on Friday (17 April).

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Checking your Harmonised System – HS tariff codes

Image for WCO

The Harmonized Commodity Description and Coding System generally referred to as “Harmonized System” or simply “HS” is a multipurpose international product nomenclature developed by the World Customs Organization (WCO).

Read this article to understand where and how you can check these codes..

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