When it comes to international trade, it is essential to have a standardized system for classifying products. The Harmonized System (HS) code is a globally recognized system that assigns a unique code to each product. HS Code 40122045 refers to used pneumatic tires of rubber, specifically designed for certain agricultural or horticultural machinery that are not elsewhere specified or included (nesoi).
Used pneumatic tires play a crucial role in the agricultural and horticultural sectors. These tires are specifically designed to provide traction, stability, and durability in various farming and gardening applications. They are commonly used in machinery such as tractors, combines, harvesters, and other agricultural vehicles.
One of the significant advantages of HS Code 40122045 is that it benefits from special tariff preference programs. These programs aim to facilitate trade and promote economic growth among countries. The following countries offer free trade benefits for products falling under this HS code:
These special tariff preference programs provide various benefits, including duty-free treatment or reduced tariffs, making it more cost-effective and encouraging trade between participating countries.
When importing goods under HS Code 40122045, it is essential to consider the quantity unit, which is measured in numbers (NO). This unit specifies the number of used pneumatic tires being imported.
Importing US states and exporting US states play a vital role in the trade of used pneumatic tires of rubber for agricultural or horticultural machinery. These tires are in demand across the United States, and various states engage in international trade to meet their requirements. Some of the prominent importing US states for these tires include California, Texas, Florida, Illinois, and New York. On the other hand, states like Michigan, Ohio, Indiana, Pennsylvania, and Wisconsin are known for their significant exports of used pneumatic tires for agricultural and horticultural machinery.
HS Code 40122045 covers used pneumatic tires of rubber designed for certain agricultural or horticultural machinery. These tires are essential for the smooth operation of farming and gardening equipment. The inclusion of this HS code in special tariff preference programs allows for easier trade and increased cooperation between countries. Importing and exporting US states play a significant role in the global trade of these tires, ensuring that the agricultural and horticultural sectors have access to the necessary equipment and resources.