Tungsten concentrates fall under HS Code 26110060. This code is used to identify and classify this specific type of product for international trade purposes. In this article, we will explore the details of this HS code, including its product description, duty rates, quantity unit, and special tariff preference programs.
Tungsten concentrates are ores or minerals that contain a high concentration of tungsten. Tungsten is a rare and valuable metal known for its exceptional strength, durability, and heat resistance. It is commonly used in various industries, including aerospace, electronics, automotive, and construction.
The bound or most-favored-nation (MFN) duty rate for HS Code 26110060 is 37.5 cents per kilogram (KG) on the tungsten content. This duty rate applies whenever a country lowers a trade barrier or opens up a market. It ensures that the same goods or services from all trading partners receive equal treatment in terms of tariffs.
The quantity unit for tungsten concentrates is kilograms (KG). This unit of measurement is used to determine the weight or mass of the product being imported or exported.
Tungsten concentrates under HS Code 26110060 are eligible for various special tariff preference programs. These programs provide preferential treatment in terms of duty rates, allowing for reduced or duty-free import/export of the product. The following countries and programs offer special tariff preferences for this HS code:
For the United States, the state of Louisiana is listed as an importing state for HS Code 26110060. This means that tungsten concentrates are being imported into Louisiana from other countries.
Regarding the exporting of tungsten concentrates from the United States, the following states are mentioned:
These states are involved in exporting tungsten concentrates to other countries, contributing to the global trade of this valuable resource.
HS Code 26110060 represents tungsten concentrates, which are ores or minerals with a high tungsten content. This code is used for international trade purposes and helps classify and identify the product. Understanding the details of this HS code, including its product description, duty rates, special tariff preference programs, and the states involved in importing and exporting, is essential for businesses and individuals engaged in the global tungsten trade.