About HS Code 420231
This HS code pertains to small cases and containers, such as wallets, cardholders, and key cases, designed to be carried in a pocket or handbag, with an outer surface of leather or composition leather. This segment is part of the luxury and everyday essentials market, valued for its material quality, craftsmanship, and brand association. Trade is driven by consumer demand for durable, stylish, and functional small leather goods. Importers are typically luxury boutiques, department stores, and high-end retailers in affluent markets. Exporters are often countries renowned for their fine leatherwork and accessory manufacturing, such as Italy, France, and Spain. Key considerations include the quality of the leather, precision in stitching, functional design, and brand reputation.
Products Under This Code
Leather wallets, leather cardholders, leather key cases, leather coin purses, leather spectacle cases, leather passport holders, leather cosmetic pouches
Real World Examples
Bellroy wallets, Louis Vuitton Zippy Wallet, Coach card cases, Montblanc leather key fobs, Hermès Calvi card holder
Common Misclassification
Can be confused with 420221 (leather handbags) if the item is slightly larger and could be considered a mini-bag, or 420500 (other articles of leather) if it's a leather item not clearly a case or container.
Products Classified Under 4202.31
Trade Overview
Italy, France, and Spain are key exporters, while the USA, Germany, and Japan are major importers of these small leather goods.
Frequently Asked Questions
What is HS code 420231?
HS code 420231 covers: Cases and containers; of a kind normally carried in the pocket or in the handbag, with outer surface of leather or of composition leather. This HS code pertains to small cases and containers, such as wallets, cardholders, and key cases, designed to be carried in a pocket or handbag, with an outer surface of leather or composition leather. This segment is part of the luxury and everyday essentials market, valued for its material quality, craftsmanship, and brand association. Trade is driven by consumer demand for durable, stylish, and functional small leather goods. Importers are typically luxury boutiques, department stores, and high-end retailers in affluent markets. Exporters are often countries renowned for their fine leatherwork and accessory manufacturing, such as Italy, France, and Spain. Key considerations include the quality of the leather, precision in stitching, functional design, and brand reputation.
What products fall under HS code 420231?
Leather wallets, leather cardholders, leather key cases, leather coin purses, leather spectacle cases, leather passport holders, leather cosmetic pouches
What are common misclassifications for HS code 420231?
Can be confused with 420221 (leather handbags) if the item is slightly larger and could be considered a mini-bag, or 420500 (other articles of leather) if it's a leather item not clearly a case or container.
How is HS code 420231 structured?
HS code 420231 is a 6-digit subheading under the Harmonized System. The first 2 digits (42) identify the chapter, digits 3-4 (02) identify the heading, and digits 5-6 (31) specify the subheading. This code is standardized globally by the World Customs Organization.