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Global Tariffs, Categorized

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📦 Boys' (340)

Boys' (340)

HS Code:

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Overview

The Boys' (340) category, typically classified under HS Code 6203 (Men's or Boys' Suits, Ensembles, Jackets, Blazers, Trousers, etc., of woven textile fabrics), encompasses clothing items specifically designed for boys, including suits, jackets, trousers, and similar apparel. This category is a significant segment of the global apparel market, driven by demand for both casual and formal wear across various age groups of boys. The trade in this category is influenced by factors such as fashion trends, seasonal demand, and economic conditions in key markets. Production is often concentrated in countries with strong textile industries and low labor costs, while consumption is widespread across developed and developing economies.

Total Trade Volume

USD 12.5 billion

Data from 2022

Source

United Nations Comtrade Database

Tariff Analysis

Average Rate

12.5%

Highest Rate

35% (applied by certain developing countries to protect local industries)

Lowest Rate

0% (under free trade agreements such as EU-Vietnam FTA)

Common Restrictions

  • Import quotas in specific markets to protect domestic manufacturers
  • Stringent labeling and safety standards for children's clothing
  • Anti-dumping duties in some regions to counter low-cost imports
  • Customs documentation and certification requirements for origin verification

Market Trends

Rising demand for sustainable and organic clothing

Increased production of eco-friendly boys' apparel using organic cotton and recycled materials, influencing sourcing and manufacturing practices

2021-2022

Growth in e-commerce for children's apparel

Significant shift towards online retail platforms, enabling exporters to reach global consumers directly and boosting trade volumes

2020-2022

Shift in production to Southeast Asia

Countries like Vietnam and Bangladesh are gaining market share due to lower labor costs and trade agreements, challenging China's dominance

2019-2022

Recent Developments

EU-Vietnam Free Trade Agreement (EVFTA) Impact

The EVFTA, fully implemented in 2020, has reduced tariffs on Vietnamese apparel exports to the EU, boosting Vietnam's share in the boys' clothing market.

August 2020

Increased exports from Vietnam by approximately 20% in the boys' apparel category to EU markets.

US-China Trade Tensions

Ongoing trade tensions have led to additional tariffs on Chinese apparel exports to the US, prompting buyers to diversify sourcing to other countries like Bangladesh and Vietnam.

January 2022

Slight decline in China's market share in the US for boys' apparel, with a redistribution of trade to other exporters.

Sustainability Regulations in Europe

New EU regulations mandate stricter sustainability and ethical production standards for children's clothing, including traceability of materials.

March 2023

Increased compliance costs for exporters but also opportunities for those already aligned with sustainable practices.