Granite is a popular natural stone that has been used for centuries in construction and interior design. It is known for its durability, strength, and aesthetic appeal. The HS Code 25161200 specifically refers to granite that has been cut into blocks or slabs of a rectangular shape, including square shapes.
When importing granite blocks or slabs with this HS code, it is important to be aware of the trade regulations and tariffs associated with it. The bound or Most Favored Nation (MFN) duty rate for this product is 2.8%. This means that every time a country lowers a trade barrier or opens up a market, it has to do so for the same goods or services from all its trading partners.
The quantity unit for this HS code is metric tons (T), which is the standard unit of measurement for granite blocks and slabs. It is essential to accurately measure and document the quantity of granite being imported or exported.
There are also special tariff preference programs available for granite blocks and slabs under HS Code 25161200. These programs offer reduced or duty-free rates for certain countries. The following countries enjoy special tariff preferences for this HS code: Australia, Bahrain, Canada (under NAFTA), Chile, Israel, Jordan, Morocco, Mexico (under NAFTA), Oman, Dominican Republic (under DR-CAFTA), Peru, and Singapore.
Importing US states that have recorded imports of granite blocks and slabs under HS Code 25161200 include Louisiana. This information is crucial for businesses and traders who are looking to import granite into the United States from specific states.
On the other hand, the exporting US states for this HS code are Wisconsin, Georgia, South Dakota, and Wyoming. These states have been identified as sources of granite blocks and slabs being exported from the United States.
Granite blocks and slabs play a significant role in the construction industry, as they are widely used for various applications such as countertops, flooring, and wall cladding. The HS Code 25161200 provides a standardized classification and identification system for granite products, making it easier for traders, customs officials, and other stakeholders to understand and regulate the trade of this valuable natural resource.