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Global trade for Beginners- Understanding HS Codes

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Adetokunbo Adewoyin

Although most people have encountered HS codes in international trade, not many understand how they work and why they are used.
Harmonized System (HS) Codes are a standardized numerical method of classifying traded products, crucial for international trade. Developed and maintained by the World Customs Organization (WCO), HS Codes facilitate the collection of trade statistics, ensure uniformity in trade practices, and simplify the processes of importing and exporting goods.
This course seeks to simplify HS codes and demonstrate practical ways they can be obtained using online resources by importers and exporters.

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