Understanding HSN Codes in Romania : A Comprehensive Guide

Introduction

The Harmonized System Nomenclature (HSN) Codes, developed by the World Customs Organization (WCO), are internationally standardized codes for classifying traded products. Romania, as part of the European Union, employs these codes, known locally as Codul TARIC (The Integrated Tariff of the European Communities), for effective trade processing, customs operations, and statistical purposes.

The use of HSN Codes in Romania ensures compliance with EU trade regulations and facilitates global commerce through a unified system.

In line with EU regulations, Romania uses HSN Codes to categorize goods for import and export, ensuring a harmonized approach to trade across its borders. These codes are vital for determining tariffs, taxes, and for compiling trade data that Romania uses to monitor and develop its trade policies.

Romania's adherence to the HSN Codes underlines its commitment to the World Customs Organization’s efforts to simplify and unify international trade documentation and procedures.

Romania incorporates the HSN Codes into its national customs tariff with additional digits as required by the EU’s Combined Nomenclature, which provides a higher level of detail for the classification of goods.

The HS Code system in Romania is aligned with the EU’s detailed coding system, facilitating precise and uniform goods classification within the Single Market and in international trade.

For example, Romania is known for its production of machinery. A specific HSN Code for an item of machinery used in the food industry might be 8438.80.90.

Chapter (84): Relates to nuclear reactors, boilers, machinery, and mechanical appliances; parts thereof.

Heading (38): Covers machinery, not specified or included elsewhere in Chapter 84; parts thereof.

Sub-heading (80): Identifies machinery for the industrial preparation or manufacture of food or drink.

EU Combined Nomenclature (90): This final figure is for EU statistical and customs purposes, possibly detailing the type of machinery or its specific use in the food industry.

HSN Codes are essential to Romania’s trade framework, affecting customs duties, excise taxes, and trade policies. They are crucial for businesses to navigate the EU customs territory and for the government to uphold trade compliance.

Romanian enterprises utilize HSN Code-based trade data for market research and to gain competitive intelligence. This information is critical for assessing market trends, identifying opportunities, and strategic business planning.

Volza offers a detailed inventory of Romania’s HSN codes, enriched with trade data analytics. This resource is invaluable for businesses involved in Romanian trade, providing insights into tariff rates, market conditions, and aiding in informed decision-making and regulatory compliance.