Blog
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Posted: March 03, 2025Categories: International Trade Guides
Understanding HS codes is crucial for successful international trade. As a manufacturer or trader, mastering this universal language of commerce can mean the difference between smooth sailing and costly delays at customs. Let's dive into everything you need to know about the Harmonized System (HS) codes.
What Are HS Codes? The Harmonized System (HS) is a standardized numerical method of classifying traded products, maintained by the World Customs Organization (WCO). Think of it as a universal "product passport" that's recognized in over 200 countries worldwide.
Breaking Down the Code Structure: • First 6 digits: Universal worldwide • Additional 2-4 digits: Country-specific requirements • Total length: 6-10 digits depending on the destination country
Why HS Codes Matter for Your Business: • Essential for customs clearance • Determines applicabl
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Posted: December 12, 2024Categories: Inside Faktorist
In an era where global trade connections matter more than ever, Faktorist emerges as the game-changing B2B marketplace dedicated to showcasing the best of Ukrainian manufacturing to the world. As we step into 2025, we're proud to introduce a platform that's not just another marketplace – it's a bridge connecting quality Ukrainian manufacturers with international buyers seeking reliable sourcing solutions.
Why Faktorist? Why Now?
The global marketplace is evolving, and Ukraine's manufacturing sector stands ready to meet international demand with exceptional quality and competitive pricing. Faktorist brings together over 10,000 verified Ukrainian factories, offering everything from agriculture and food products to textiles and industrial equipment, all in one sophisticated platform.
What Sets Us Apart:
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