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Harmonized Commodity Description and Coding system

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Glossaries

Term Definition
Harmonized Commodity Description and Coding system

Standardized product coding and description system. Goods are classified both by purpose (clothing, weapons, etc.) and by economic sectors (textile products, animals and livestock products, etc.).

The selected categories are assigned codes of 6 digits, while some countries detail the nomenclature to codes consisting of 8 or 10 digits. The system was developed by the Customs Cooperation Council in 1988 and signed in the city of Brussels (Belgium).

In Russia, the Commodity Nomenclature of Foreign Economic Activity developed on its basis is used (TNVED).

Synonyms:HS code, Harmonized System